BUSINESS China's meat imports to top 6 mln tonnes in 2019

BUSINESS

China's meat imports to top 6 mln tonnes in 2019

Xinhua

19:21, November 28, 2019

BEIJING, Nov. 28 (Xinhua) -- China will further encourage meat imports, allowing the total to potentially exceed six million tonnes this year, the Ministry of Commerce (MOC) said Thursday.

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Photo: VCG

Of this figure, imports of pork and related products are expected to top three million tonnes, MOC spokesperson Gao Feng told a press conference.

The move is part of the country's efforts to boost meat supply and stabilize prices as African swine fever impacts the pork market.

The government will continue to release pork reserves, enhance match-making between production and sales, and disclose market information in a timely manner, Gao said.

China's pork prices are softening thanks to a string of measures. Last week's average pork wholesale price in the country's 36 major cities dropped by 8.6 percent over the previous week, MOC data showed.

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