Typologization of threats and challenges to economic security of China’s food industry enterprises using the example of a meat processing at intensive pig farming
Nu Sueke, T.P. Satsuk
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Abstract. Modern economic literature describes various classifications of threats and challenges to economic security, proposes various conceptual and strategic ways for improving economic security, and studies problems and mechanisms for ensuring food security from various points of view. At the same time, modern scientific research on the topic lacks an analysis of the current, greatly changed economic situation, taking into account new business conditions, new economic conditions and the state of the food industry. This article is designed to solve these problems.In the article, based on the analysis of information on the food industry, financial and economic indicators and reporting of a meat-processing pig food enterprise, the author’s classification of threats to economic security is created, the place of food security is determined, the essence of these concepts is revealed and their definitions are given. Moreover, the factors influencing economic security in the food sector are highlighted and the foundations are created and a methodology for improving the economic security of a pig meat-processing enterprise, as a generalizing object of the food industry, is developed. Conducted financial and economic analysis showed that the most important challenges and threats to the economic security of enterprises in the food industry are: unpredictable fluctuations in grain production as the main raw material resource of the meat-processing at intensive pig farming, ensuring the quality of life of the population due to food supply, unpredictable fluctuations in agricultural yields, the effectiveness of price signals of changes in the situation on the Chinese food market, and technological aspects of food production. This conclusion served as the basis for the created classification, conceptual apparatus of research and methods for increasing the economic security of a food enterprise.
Keywords: economic security, theoretical and methodological issues of studying economic security problems, typology of economic security problems, threats and challenges to economic security, financial and economic analysis
For citation. Sueke Nu, Satsuk T.P. Typologization of threats and challenges to economic security of China’s food industry enterprises using the example of a meat processing at intensive pig farming. News of the Kabardino-Balkarian Scientific Center of RAS. 2025. Vol. 27. No. 1. Pp. 51–61. DOI: 10.35330/1991-6639-2025-27-1-51-61