Stricter supervision ordered at pork farms, markets
Market regulators across China will intensify supervision over pork prices and the fight against irregularities, such as colluding to drive up prices, to maintain market order, a senior official said on Wednesday.
Authorities will conduct price inspections at every stage of pork production and distribution to eliminate risks. Any violations, like spreading false information on price increases, colluding to raise prices or illegally hoarding pork for profit, will be punished, said Chen Zhijiang, deputy chief of price supervision and inspection at the State Administration for Market Regulation.
While the administration has not received reports of such violations, they could appear given the expectation of a continued rise in pork prices due to short supply, he said at a news conference at the State Council Information Office.