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September 9, 2009

                                      
China's meat processing industry stands firm despite economic downturn
                               


China's meat processing industry has progressed well during the global financial crisis, according to Deng Fujiang, vice president of the China Meat Association at the Fifth International Meat Secretariat World Pork Conference.

 

According to Deng, there were 3,096 state-owned and large non-state-owned slaughtering and meat processing enterprises in China at the end of 2008, 249 of which were founded since the previous year. Meanwhile, the industry's total assets reached RMB181.37 billion (US$26.55 billion), an on-year increase of 22.5 percent.

 

Statistics also showed that China's meat processing industry had further readjusted its product structure. The output of meat and by-products had risen seven percent to about 10.7 million tonnes, accounting for 15.1 percent of the total meat output.

 

In addition, the effects of branding in the industry had grown stronger. By the end of 2008, 49 enterprises won China Top Brand Product, 37 won the Well-known Trademark while 12 companies were being listed.

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