Yingman Wang

1. Introduction China is the world’s largest pork producer and consumer [1]. China’s pork consumption in 2022 was 54.475 million tons, and China’s per capita pork consumption was 39.7 kg, much higher than the global average (Ministry of Agriculture and Rural Affairs of the People’s Republic of China. December 2022. Available online: http://www.moa.gov.cn/ztzl/szcpxx/jdsj/2022/202212/ accessed on 29 August 2023).

1. Introduction Amidst U.S.–China trade tensions, rising anti-globalization sentiments, and the global COVID-19 pandemic, the uncertainty surrounding global economic policies has significantly increased [1,2]. China’s economy is concurrently facing formidable challenges, including a notable slowdown in growth, immense pressure to transform industrial structures, and widespread prevalence of high-leverage operations within enterprises [3,4,5].