Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda
- Vice-Premier Hu Chunhua heading Beijing’s efforts with latest data showing pork prices rose 46.7 per cent in August compared to a year earlier
- Issue could even undermine next month’s 70th anniversary of the founding of the People’s Republic
Stabilising pig production amid rapidly rising pork prices has overtaken the 14-month trade war with the United States and the three months of political unrest in Hong Kong as China’s top priority, with Vice-Premier Hu Chunhua overseeing the sensitive topic that could stretch to undermining next month’s 70th anniversary of the founding of the People’s Republic.
The sharp rise in pork prices has hurt the world’s second largest economy, topped mainland media coverage and stoked outspoken public concern in recent weeks.
In response, China's State Council issued new guidelines on Tuesday urging local governments and various government departments to boost pork supply.
"Pig farming is an important industry that matters to the nation's plan and people's living. Pork is the main meat for most Chinese residents," said the State Council. “[Pork production] has significant meaning in terms of ensuring people's lives, stabilising prices, keeping stable economic operation and maintaining overall social stability.”