What's the beef on China's beef market?

摘要

Beef per capita consumption in China is merely 4.1kg compared to 50kg per capita in most developed countries and lower even than the global average annual consumption 1 Okg per person. Yet by 2010, China had become the world's third biggest beef producer and consumer, and a net beef importer. Beef production is likely to reach 700 million tons in 2015 with compound annual growth rate of 1.4% during "12th Five-Year" period.