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    Increase Financial Support &Nbsp; Promote Healthy Development Of Cotton Industry.

    2011/9/30 13:11:00 27

    Financial Support To Promote Healthy Development Of Cotton Industry

    Held on 29 th.

    Whole country

    At the cotton working teleconference, Li Jinghui, director of the Ministry of finance, was speaking at the meeting.

    He pointed out that in 2010, the finance department mainly increased the support for cotton work from the following aspects.


    The first is to implement the full coverage of cotton seed subsidy and comprehensively improve the quality of cotton; two is to improve the purchasing policy of agricultural machinery, and to support the modernization of cotton production; the three is to support the production of cotton and high-yield cotton; to increase the cotton yield per unit area; four, to increase the support of cotton insurance subsidies and to reduce the risk of cotton planting; the five is to support the cotton quality inspection and to promote the reform of the inspection system; the six is to stabilize the cotton and cotton yarn subsidy policy, and to promote the development of cotton and textile industry in Xinjiang; in 2010, the central government continued to implement the subsidy policy of cotton and cotton yarn, and accumulated a total of 1 billion 134 million 480 thousand yuan subsidies for the relocation of the Xinjiang cotton and 144 million 610 thousand yuan for the pportation of the cotton yarn, and seven was to increase the intensity of reserve control and stabilize the domestic cotton market.


    Li said that the new financial year of the Ministry of finance should be at a high level.

    importance

    We should closely follow the market changes, continue to strengthen and improve the regulation and control, make full use of current policies, and take effective measures in time to promote the healthy development of the cotton industry.

    On the one hand, we should continue to vigorously support cotton production, support and stabilize cotton production, improve the comprehensive production capacity and competitiveness of cotton in China. Two, we should strengthen and improve the regulation of the cotton market, continue to make good use of reserves and import two major regulatory policies and measures, maintain the basic balance of domestic cotton supply and demand and relatively stable domestic cotton prices; and three, promote the pportation and sale of Xinjiang cotton by means of freight subsidy policies.

    During the "12th Five-Year" period, central finance will continue to implement Xinjiang cotton.

    Cotton yarn

    Freight subsidy policy, at the same time, cotton cloth into the scope of subsidies, and the subsidy standard from 400 yuan per ton to 500 yuan.


     
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