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    Bazhou Eight Cotton Enterprises Get Tens Of Millions Of Yuan Cotton Yarn Export Pportation Subsidies

    2010/9/11 15:53:00 37

    Cotton Enterprises

    Reporters from Xinjiang Bayinguoleng Mongolia Autonomous Prefecture Finance Bureau was informed that the autonomous region's finance department has allocated 2009 yuan in Bazhou, Xinjiang cotton yarn pport cost subsidy of 10 million 172 thousand and 700 yuan, involving the whole state.

    Cotton spinning enterprise

    8.


    In order to solve the high cost of producing cotton yarn in the Xinjiang cotton textile enterprise and promote the construction of the high-quality cotton yarn, cotton and cotton textile production base in the whole region, the central finance decided to go out of Xinjiang cotton textile enterprise.

    Cotton yarn

    Appropriate allowance should be given to pport costs.

    According to statistics, in 2008 - 2009, Bazhou received a total subsidy of 20 million 922 thousand and 700 yuan.


    The Interim Regulations on subsidy management promulgated by the central government clearly indicate that the "Xinjiang cotton yarn" refers to the real estate cotton in Xinjiang.

    raw material

    Production and sale of cotton yarn to the mainland, meet the requirements of the Xinjiang cotton yarn, the central government will grant a subsidy of 400 yuan per ton.

    The implementation period of the cost subsidy policy for Xinjiang cotton yarn pportation is tentatively scheduled for 2008 to 2010. Subsidies are calculated according to the natural year.

    In Xinjiang, the independent accounting cotton textile enterprises (including the corps cotton textile enterprises) can enjoy the financial subsidy policy in the industrial and commercial registration, paying taxes according to law, and producing and selling cotton yarns in Xinjiang real estate cotton as raw materials.


    It is understood that Xinjiang silver spinning cotton industry, Xinjiang Tai Chang industry, Bazhou Hongtai cotton industry, Korla Qian Feng textile limited liability company, Xinjiang Hongsheng textile limited liability company and so on 8 enterprises have won the 2009 year Xinjiang subsidy.

    The state finance department will allocate funds in time to ensure that all cotton textile enterprises in the state can enjoy preferential policies in time and in full.

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