I could be reading it wrong. The government invested 100m+ yuan into the company CellX last year so I wouldnt be surprised if it were subsidized. I can't find any up to date information of other types of cultured meat, seems pork is the cash cow right now. Comments on similar articles says the meat is only available in restaurants right now.
:some-controversy:
Honestly if the US werent handing out $38B annually to livestock, there’d also likely be parity in the market for cultured meat. Upside Foods says their antibiotic-free chicken is about $7/lb now to make, though they can’t sell it yet because USDA is dragging their feet on regulation. $7 is still a lot, but not far off what antibiotic-free chicken would cost without the subsidies.
Hey at least Upside Foods got pre market approval back in November. But yeah China is already subsidizing the industry and Xi has even talked about it whereas here its mostly radio silence.
Yes - no questions approval from FDA, huge deal. But you need both USDA and FDA to sign off, 🙄