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3 months ago
China's Cofco plans to produce 5 mln hogs per year by 2020 - VP
May 4, 2017 / 3:49 AM / 3 months ago

China's Cofco plans to produce 5 mln hogs per year by 2020 - VP

1 Min Read

BEIJING, May 4 (Reuters) - China's state-owned Cofco Corp plans to increase its pig farm capacity by two-thirds to 5 million hogs per year by 2020 and will boost imports to meet demand in the world's biggest pork market, vice president Ma Jianping said on Thursday.

Cofco's current capacity is 3 million tonnes.

Ma is also chairman of Cofco's meat division, which listed in Hong Kong last year. (Reporting by Hallie Gu and Josephine Mason; Editing by Christian Schmollinger)

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