MNI POLICY: China to Aid Pig Production, Sell Pork Reserves

     BEIJING (MNI) - The National Development and Reform Commission, China's top

planner, will support pig breeding and sell pork from reserves to ease soaring

prices and cool inflation, a spokeswoman Meng Wei said at a briefing on the

economy on Wednesday. Here are her major points:

     - The NDRC, responsible for checking prices, will ensure food costs under

control next month when the country celebrates its 70th anniversary of founding

in a week-long holiday. 

     - Investment in railway projects totaled CNY449.6 billion in the first

eight months, about the same as the same period of last year. The NDRC targets

CNY800 billion rail investment this year.

     - China's job market is under some pressure from the  trade spat with the

U.S. The NDRC will stabilize employment by encouraging start-ups, help migrant

workers to create businesses back home and boost vocational training.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com

--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com

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