Product
Supplier
Encyclopedia
Inquiry
Home > News > Market Flash > Chongqing has granted 240 million yuan of meat price subsidies this year

Chongqing has granted 240 million yuan of meat price subsidies this year

ECHEMI 2019-12-23

On December 12, the reporter learned from the Municipal Bureau of finance that from April to October this year, the city has issued a total of 240 million yuan of meat price subsidies, benefiting 1.29 million people in need, such as those who are entitled to preferential treatment, those who are entitled to subsistence allowances in urban and rural areas, those who are especially poor, orphans, and those who receive unemployment insurance benefits. "The change of meat price is not only an economic topic, but also a people's livelihood concern." People from the Municipal Bureau of Finance said that in April this year, the city launched the linkage mechanism between social assistance and security standards and price rise.

 

According to the average standard of urban and rural minimum living standard and the increase of basic living cost index of urban and rural low-income residents in that month, temporary price subsidies were calculated and issued on a monthly basis, which alleviated the "pain" of poor people on price rise to a certain extent. It is reported that, in addition to the price subsidies, the municipal finance, together with the municipal agricultural and Rural Committee, the Municipal Commission of Commerce and other departments, strengthened frozen meat reserves and restored pig production capacity. For example, the amount of insurance for breeding sows will be raised to 2000 yuan per pig, 500 yuan higher than last year; from August 1 of last year to December 31 of next year, breeding farms and large-scale pig farms will focus on the purchase of feed, sows, piglets and other short-term loan funds, and the interest will be discounted at a rate no higher than the bank's benchmark interest rate of the same period; the limit of guarantee balance of single farm will be raised from 3 million yuan to 10 million yuan, and the guarantee loan under guarantee will expire The implementation of the extension guarantee. According to statistics, in order to ensure the rapid recovery of pig production capacity, Chongqing Finance has arranged support funds of RMB 665 million. This set of "combination boxing" has also achieved results. Up to now, the city has increased the production capacity of 840000 pigs, and the decline in pig sales has been gradually narrowed. In addition, some imported pork has entered the market and other factors, the price of pork has dropped for several weeks in a row.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.