date:Jul 25, 2014
unts of time and money required to raise cattle, Pan said. Major players are facing the dilemma of where to source beef supplies.
To boost domestic output, China has increased support to the beef industry, but not enough to fill the gap between demand and supply.
The country aims to increase production from 6.3 million tons in 2013 to 7.17 million tons in 2015 and 7.86 million tons in 2020, according to the report.
There are also signs that China is changing its stance on beef imports. Pan sa