Jiangsu Province promulgates supporting policies for restoring pig production

On August 21, 19, Jiangsu, China. com, the provincial agricultural and rural department, the provincial finance department, the Provincial Leading Group Office of agricultural insurance and the Jiangsu Supervisory Bureau of the China Banking and Insurance Regulatory Commission jointly issued the Notice on Supporting Policies to Promote the Restoration and Development of Live Pig Production, and put forward suggestions on supporting policies to restore the production of live pigs. 

The notification is clear. Subsidies for purchasing breeding pigs from germplasm resources and large-scale pig farms should be implemented, key counties and large-scale pig farms should be supported to improve epidemic prevention facilities, so as to protect the basis of pig production and improve the biological safety level of pig farms. At the end of July, the provincial finance has allocated 261 million yuan in subsidy funds. The insurance amount of able-to-breed sows and fattening pigs will be increased from 1000 yuan per head, 600 yuan per head to 1200 yuan per head and 800 yuan per head, respectively, to reduce the risk of pig breeding. We will increase credit guarantee support to alleviate the problems of difficult and expensive loans. We should make full use of the special funds for the development of modern agriculture at the provincial level and above, and give short-term loans and discount interest support to pig farms with pig production and operation permits (including local pig breeding grounds) and pig farms with more than 5000 annual fences. The interest discount time will be from August 1, 2018 to July 31, 2019, and the guarantee cost will be reduced at a certain time.