Next Year Cotton Temporary Purchase And Storage Price Will Be Announced Ahead Of Schedule.

In September 29th, the eight departments of the national development and Reform Commission, the Ministry of finance, the Ministry of agriculture, the Ministry of industry and commerce, the General Administration of industry and commerce, the General Administration of quality supervision, inspection and quarantine, the supply and Marketing Corporation and the Agricultural Development Bank jointly held the national teleconference on cotton work, summed up the cotton work in 2010, and analyzed the cotton in 2011.

The meeting held that, in 2010, the state increased the strength of the reserve cotton, rationally organized the import of cotton, quickening the dispatch of New Territories cotton, standardizing the market order, stabilizing the market operation, better protecting the interests of cotton farmers, and ensuring the need for textile cotton.

In March this year, the provisional cotton purchase and storage system was formulated. The normalization of measures to temporarily store and store lint in the main producing areas is a major measure to improve the cotton regulation system and promote the stable development of the cotton industry. It is also a further deepening of the reform of the cotton circulation system.

The timely introduction of this policy has stabilized market expectations and made a "reassurance" for cotton farmers to arrange production.

Cotton production is expected to increase in 2011 and cotton demand is basically stable.

Under the strong support of the temporary purchasing and storage policy, we should make effective use of international market resources and do well.

The meeting pointed out that the current international and domestic economic situation is complex and changeable, and there are many uncertain factors that affect the stable operation of the cotton market.

We should earnestly implement the temporary purchasing and storage policy, maintain the order of purchase and processing, strengthen the regulation of the cotton market, stabilize the cotton market and prices, and ensure that the cotton farmers' interests and cotton planting enthusiasm are effectively protected during the harvest year.

First, implement the policy of temporary collection and storage.

The temporary storage and purchase was launched in September. We should further intensify policy publicity, strictly implement the policy of linking up the price of cotton seed purchase and storage and the reference price of seed cotton purchase, and do well in the arrangement, paction, warehousing and settlement of storage and storage points.

Two is to do a good job in the relevant market purchase and sale work.

We should guide cotton farmers to grasp the timing of sale, cotton enterprises actively and orderly purchase seed cotton, balance processing and sales, and continue to do a good job in new cotton purchase fund supply.

Three is to strengthen the market and quality supervision.

We must strictly control the entry of cotton market players, strengthen supervision over the purchase and sale of cotton, and maintain normal circulation order.

Four is to further strengthen market regulation and control.

We must organize cotton imports, strengthen the coordination of Xinjiang's cotton pportation and marketing, make good plans for reserve control, improve production and demand statistics, and standardize information release.

Five, we should continue to promote the reform of cotton quality inspection system.

We should improve the layout of cotton processing industry, and actively and steadily guide small package cotton processing enterprises to withdraw from the market orderly, and intensify the revision of cotton quality standards.

Six is to support the development of cotton production.

We should strengthen the construction of high quality cotton production base, continue to vigorously develop cotton production and improve the level of mechanization of cotton production.

Seven is to guide the textile industry to accelerate the pformation of the development mode.

The meeting clearly stated that in order to stabilize cotton production, the state will further summarize and perfect the cotton temporary purchase and storage policy according to the implementation of this year's work.

The meeting called for departments and governments, especially local governments in the main cotton producing areas, to strengthen their organizational leadership in the work of cotton, earnestly take responsibility, improve their working mechanisms, and work closely together.