Every province, prefecture, and city across the country has specific regulations on how many pig farms need to be subsidized by the state.

For example, Hebei Province:

Temporary production subsidies will be provided to large-scale pig farms (households) that produce more than 1,000 pigs per year in major counties where pigs are transferred out. Bank loans for households) purchasing pigs will be provided with interest discounts, and the discount rate shall not exceed 2% in principle.

The subsidy period is tentatively scheduled from October 1, 2019 to September 30, 2020. Loans due during the subsidy period will be calculated based on the actual interest payment time; for loans that have not yet expired during the subsidy period, Loans and interest subsidies are available until September 30, 2020.

Extended information:

Under market economy conditions, the government adopts fiscal subsidy expenditure methods mainly for the following reasons:

First, the existence of market failure .

In areas of natural monopoly, such as urban public transportation, gas and water electricity, market prices cannot effectively allocate social resources, so the government must implement price controls on such enterprises.

The government often implements low-price policies to provide social benefits to the entire society, especially the middle and lower classes. Since the government's low-price policy will cause enterprises to incur losses, the government should provide financial subsidies, otherwise such enterprises will not survive.

Second, the requirements of social policies.

Market price is an effective mechanism for resource allocation, but the market price mechanism cannot solve all problems. Some areas cannot fully introduce the market economy mechanism. For example, my country's agricultural product price subsidies are an example.

In our country, the cost of agricultural production is high, and it is difficult to increase the price of agricultural products when people's income levels are generally low. Therefore, in order to maintain the non-market prices of agricultural products and safeguard the interests of farmers and urban residents, we The government needs to provide support in the form of financial subsidies.

Third, the need for economic transition.

The above-mentioned enterprise loss subsidies have maintained the existence of a large number of enterprises and the employment of employees, and avoided social unrest caused by large-scale bankruptcies and unemployment; while price subsidies are in the process of the price system transforming from planned prices to market prices. middle.

It avoids the pressure brought by the sharp rise in prices on residents' lives, thereby conducive to social and economic stability. These have buffered the impact of the transition from the old system to the new and are conducive to the smooth progress of the reform.

People's Daily Online - Hebei: Eligible pig farms (households) can receive a variety of subsidies

Baidu Encyclopedia - Financial subsidies