Shanghai: The financial department provides income insurance premium subsidies for pigs that do not exceed 105% of the corresponding basic supply volume.

The Shanghai Municipal Finance Bureau and the Shanghai Municipal Agriculture and Rural Affairs Commission jointly issued a notice on the phased inclusion of pig income insurance into the routine insurance premium subsidy for agricultural insurance at the city level. It is proposed that the premium for farmers in rural areas will be borne 50% by the city-level finance, 20% by the district-level finance, and 30% by the farmers themselves. The premiums for city-owned enterprises will be borne 50% by the city-level finance and 50% by the enterprises themselves. According to the pork production target to be completed in the current year, the Shanghai Agriculture and Rural Affairs Commission will determine the city's basic supply of live pigs and the number of pigs slaughtered. The financial department will provide income insurance premium subsidies for pigs that do not exceed 105% of the basic supply associated with the number of pigs slaughtered.