| Crisis & chances after summit of hog industry more>> |
2011 Third China Hog Industry Conference is about to hold
During 2009 to 2010, China hog industry experienced dramatic soar and slump. A number of hoggeries suffered great loss and had to cut the number of hogs they raised. As a result, the price for pork has reached RMB 25 per kilo in January to April 2011, up by 70% compared to the same period of last year. While the profit reached RMB 600 per capita, near to the top in April 2008. However, China’s Ministry of Commerce stated that no regulation will be taken to control the price... |
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Will CPI hardly fall due to high pork price in August?
Pork price has rebounded three weeks after 22 July. Turning point of CPI is estimated on August after the peak in July. Will the rising pork price push CPI again? Mr Ma Wenfeng, analyst of BOABC pointed out pork price rebounce is not only affected by supply and demand, micro-economy is also very important. Overall... |
Abbott to invest USD230m in new facility in China
Abbott Laboratories said on 17th August it will invest $230 million to build a state-of-the-art nutrition manufacturing facility in Jiaxing, China. The facility represents Abbott’s largest investment in China to date and will manufacture premium powdered milk products for Chinese infants and children... |
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Broiler price shot up
China’s broiler price hit a record high of RMB10.97/kg on Aug. 17. Causes behind the broiler price hike include the following: Firstly, broilers grow slowly in summer and losses increase in the course of live broiler shipment. Secondly, feed cost keeps growing. Thirdly, high pork price props up broiler price.... |
120 million tons soft drinks production expected in 2011 by BOABC
Based on the production and sales situation of soft drinks in the first half of 2011, BOABC expects to see 120 million tons soft drinks production and 117 million tons sales quantity in 2011.Production of sub sectors: the production of drinking water has been steady in general and the average year on year disparity has been small... |
International wheat price expected to fall back
This week domestic wheat prices kept stable, while flour prices continued to decline slightly. The decline of flour prices is favorable for controlling domestic inflation.Futures market: the anticipation that US may adopt the third Quantitative Easing had impact the market, the international prices of farm produce went up generally, and wheat exports prices also increased... |
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| | Media Focus more>> |
BEIJING - If you want a good idea of how the cost of food in present-day China is rising you can do no better than popping into a restaurant and tucking into a plate of kung pao chicken, a venerable dish that dates back 200 years. The chicken and peanut dish has its genesis in Southwest China's Sichuan province during the Qing Dynasty (1644-1911). It is said to be named after Ding Baozhen (1820-1886), an official in Shandong province who was later governor of Sichuan. The story goes that Ding's favorite dish was fried chicken cubes soaked in sweet sauces, and when he was in Sichuan he often regaled his guests with this culinary delight
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| | Monthly Key Research more>> |
From 2007, China started to provide subsidies for livestock and poultry good breeds, artificial fertilization, standardized scaled-farm construction and renovation of farm subsidy (for hog, laying hen, beef cattle, mutton sheep and cow), breeding sows, and insurance premium of breeding sows and hogs. What is still effective includes subsidies for methane-generating pit construction, four free mandatory vaccines, financial awards for major hog output counties and major cow farming counties, as well as livestock and poultry standardized demonstration construction activity (for hog, laying hen, broiler...
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