Cattle industry a bull market for Jiangxi county

"Currently, we have more than 500 heads of beef cattle at the base, and plan to increase the number to 1,000 this year, as well as 1,500 heads to become full grown and ready for slaughter", he said, adding that the business revenue is expected to reach 40 million yuan ($5.5 million) if these goals are met .

The bright prospects are also luring more business people such as Liu to engage in beef cattle industry and in return boosting the further development of the industry, Wang said.

According to local agricultural authorities, Huichang saw a total of 63,300 heads of beef cattle sold in 2023, marking a 14.2 percent increase year on year. By the end of last year, the stock of beef cattle in the county reached 86,800, up 16.8 percent from the previous year.

During the same time period, the overall output value of the entire beef cattle industry chain reached 2.5 billion yuan, making it a leading industry among the county's agriculture and a pillar industry for increasing local people's income, local officials said.

Zhang Jianxing in Huichang, Jiangxi contributed to this story.