China is ready to release more pork from its central reserves around the Chinese Lunar New Year holiday to ensure stable pork supplies, the country's top economic planner said on Tuesday.
It will release 30,000 tonnes of pork each day on Feb. 4 and Feb. 9, said the National Development and Reform Commission (NDRC).
A total of 180,000 tonnes of pork have been released in seven rounds since Dec. 17, 2020, said the commission.
Driven by a booming pork demand, China's stable meat prices started to grow from December last year, said an NDRC official.
However, with the release of frozen pork from central and local reserves, the price edged down in January this year, the official said.
By the end of 2020, China saw its live-pig inventory reach 406.5 million, recovering to 92.1 percent of the 2017 level. The stock of breeding sows stood at 41.61 million, doubling from the level at the end of 2019, according to the NDRC.
The market may see growth in the number of hogs available for slaughter in the first half of 2021, said the NDRC. The pork price is expected to continue declining.
Chinese eVTOL aircraft completes test flight in Shanghai
(ECNS) -- A 2-metric ton electric vertical takeoff and landing (eVTOL) aircraft developed by AutoFlight, a Sha...(4363)人阅读时间:2024-05-15Nation's self-developed satellite to launch service in HKSAR
(ECNS) -- As China's first self-developed satellite communications system, Tiantong will offer commercial ...(4333)人阅读时间:2024-05-10China's third aircraft carrier begins its maiden sea trial
The CNS Fujian, China's third aircraft carrier, started its maiden sea trial on Wednesday morning, accordi...(4568)人阅读时间:2024-05-04People in Tangshan welcome destroyer named after the city
People from Tangshan in Hebei province were filled with pride and excitement after the Chinese destroyer named...(4429)人阅读时间:2024-04-26Air China prepares to resume four more international routes
Air China, one of China's largest airline companies and the national flag carrier, will launch and resume ...(4408)人阅读时间:2024-04-23Chinese eVTOL aircraft completes test flight in Shanghai
Nation's self-developed satellite to launch service in HKSAR
China's third aircraft carrier begins its maiden sea trial
People in Tangshan welcome destroyer named after the city
Air China prepares to resume four more international routes
PLA lawfully responds to U.S. aircraft flying through Taiwan Strait
China issues guideline to raise annual food yield
China's largest land port handles over 5 mln metric tons of imports and exports in Q1
Chinese eVTOL aircraft completes test flight in Shanghai
Nation's self-developed satellite to launch service in HKSAR
China's third aircraft carrier begins its maiden sea trial
People in Tangshan welcome destroyer named after the city
Air China prepares to resume four more international routes
PLA lawfully responds to U.S. aircraft flying through Taiwan Strait
China issues guideline to raise annual food yield
China's largest land port handles over 5 mln metric tons of imports and exports in Q1