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Wok-fried foie gras? Mainlanders are discovering the rich, buttery taste of the delicacy on French holidays and are asking for it back home, spurring a growing industry.
Record oil prices, combined with widespread overinvestment in China's petrochemicals sector, have squeezed profit margins among midstream producers for the past few years.
Secretary for Health, Welfare and Food York Chow Yat-ngok said the local poultry industry could survive despite a government plan to phase out pig farming.
Mr Zheng, the chairman of the China Reform Forum non-governmental think-tank and a former executive vice-president of the Central Party School, said China was confronted with many challenges including energy shortages, degradation of its ecology and environment, and an imbalance between economic and social development.
The deal, aimed at creating a single, strong rail company while sweeping aside the KCRC's chronic management problems, could take effect next summer, provided the needed legislation passes smoothly.