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Circular of the Ministry of Finance of the People's Republic of China, on Responding the Price Rise of Pork and Promoting the Sound Development of Live Pig Industry
Thursday,August 09,2007 Posted: 08:45 BJT(0045 GMT)
  From:CAITEC    Original:News

For the purposes of stabilizing pork market, properly solving the people’s livelihood problems caused by the price rise of pork and promoting a sound development of live pig industry, matters of concern are listed as follows:

1. Establishing a system of sow insurance and subsidies, so as to guarantee the feeders’ benefit and promote a steady development of live pig industry.
2. Implementing the subsidy funds for residents with basic living allowances and students of colleges and technical secondary schools living in economic hardship families.
3. Reinforcing government regulation and control methods and controlling cyclical swings of live pig prices.
4. Bringing into play the effect of finance function.

Ministry of Finance
June 18, 2007

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