Mark this one under “headlines you don’t see every day” (Caixin):
“Chinese Gaming Giant NetEase to Raise More Pigs”
“Chinese tech giant NetEase Inc. will build its third pig farm as the government vows to boost domestic pork production in response to the African swine fever disaster.”
“NetEase…signed a cooperation agreement with the municipal government of Shaoxing…to build a pig farm that will produce half a million hogs a year.”
“NetEase founder and Chief Executive Ding Lei said the company’s biggest opportunity is to find a more suitable pig breeding solution that will industrialize the traditional industry.
That is taking Corporate Social Responsibility to the next level.
But believe it or not, NetEase has actually been in the pork business for a while:"Ding announced NetEase’s entry into pig farming in 2009. It built its first pig farm in 2012 in Anji of Zhejiang province and a second in the southeastern province of Jiangxi."
Get smart: As we’ve said before, regulators are pulling out all the stops to stabilize pork prices and ensure supply.
Get smarter: Authorities expect China’s big tech companies to play a role in a range of key policy goals.
Caixin: Chinese Gaming Giant NetEase to Raise More Pigs