Promoting Healthy Development Of Cotton Industry With Current Policies
On the 29 day of the national cotton work 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.
First, the implementation of cotton varieties subsidies.
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The two is to improve cotton quality in an all-round way; the third is to improve the purchase subsidy policy for agricultural machinery, to support the modernization of cotton production; the three is to support the production of grain and cotton and to increase the yield per unit area; four, to increase the support of cotton insurance subsidy 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 to promote the development of cotton and textile industry in Xinjiang; in 2010, the central government continued to implement the subsidy policy for cotton and cotton yarn, and the total subsidy for the removal of cotton and cotton yarn was 1 billion 134 million 480 thousand yuan, and the allowance for the cotton yarn was 144 million 610 thousand yuan; seven was to increase the reserves.
Regulation and control
To stabilize the domestic cotton market.
Li said that the financial departments at all levels should attach great importance to the new cotton year, closely track market changes, continue to strengthen and improve regulation and control, make full use of existing policies, and take effective measures in a timely manner 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, and continue to make good use of reserves and import two major ones.
Regulation
Policy means to maintain the basic balance of domestic cotton supply and demand and domestic cotton prices are relatively stable; the three is to use the freight subsidy policy to promote Xinjiang cotton pportation and marketing.
During 12th Five-Year, central finance will continue to carry out cotton and cotton yarn freight.
Subsidy policy
At the same time, cotton cloth is included in the subsidy scope, and the subsidy standard is raised from 400 yuan per ton to 500 yuan.
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