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    Loosening Of Many Policies Can Bring Vitality To The Cotton Spinning Industry.

    2014/4/16 20:02:00 30

    PolicyCotton Textile IndustryMarket Quotation

    < p > this year, there are frequent policies related to cotton spinning industry.

    < /p >


    < p > Xinjiang cotton farmers direct subsidy pilot, temporary cotton storage and storage, "high levy and low deduction" and other policies have been adjusted and loosened.

    It is not hard to see that under the active appeal of all sides, the policy of restricting the development of the cotton textile industry for a long time is gradually being adjusted.

    Does this mean that all kinds of problems that restrict the development of cotton spinning enterprises are expected to be solved? Cotton textile enterprises will usher in spring. < /p >


    < p > industry insiders say that although the relevant policies are loosening up to now, no concrete measures have been seen so far. It is too early for cotton spinning enterprises to get out of the predicament.

    < /p >


    < p > < strong > good policy < /strong > < /p >


    < p > Xinjiang cotton target price subsidy pilot started, reserve cotton sales to make adjustments, Anhui province took the lead in putting lint and cotton yarn into the pilot scale of approved value-added tax of agricultural products. Under the efforts of many parties, many policies related to the development of cotton textile industry were loosened in 2014.

    < /p >


    < p > cotton policy has attracted the hearts of many textile enterprises.

    Under the efforts of many parties, the cotton policy has finally become somewhat loose.

    In January 19th this year, the Central Document No. 1 proposed that Xinjiang's cotton target price subsidy pilot will be launched in 2014.

    In April 5th, the national development and Reform Commission, the Ministry of Finance and the Ministry of agriculture jointly issued the target price of cotton in 2014, at 19800 yuan per ton.

    < /p >


    < p > at the same time, the sale of reserve cotton has also been adjusted.

    In March 28th, the national cotton exchange market, China reserve cotton management corporation and the China Cotton Textile Industry Association issued a notice. Since April 1st this year, the relevant policies on reserve cotton sales have been adjusted, and the quantity limit of textile enterprises to purchase reserve cotton has been abolished. The bid price has been adjusted from 18000 yuan / ton to 17250 yuan / ton, and the number of competing reserve cotton imports is 3:1.

    < /p >


    < p > announcement indicates that the cotton textile enterprises that store the domestic reserve cotton in the warehouses in the Xinjiang area can compete for the imported cotton reserves according to the proportion of 3:1.

    The announcement also stressed that since April 1st, the amount of cotton reserves purchased by textile enterprises has been abolished.

    The reserve cotton purchased is only adjusted between textile enterprises and shall not be directed to other channels.

    The new textile enterprises do not need to pay 500 thousand yuan to prevent the "turning cotton" margin.

    < /p >


    < p > besides the above changes, the "high and low deduction" that has troubled the textile industry for a long time has also been adjusted.

    < /p >


    "P" has always had a great impact on cotton spinning enterprises. The main raw material of cotton textile enterprises is cotton. The cost of cotton accounts for about 70% of the total cost of production. If it is calculated according to the 17% product tax rate, it will be a great expense for cotton spinning enterprises.

    < /p >


    < p > at the end of last year, the announcement issued by the State Taxation Bureau of Anhui and the Anhui Provincial Department of Finance on the pilot project of the approved deduction of value-added tax of agricultural products announced that since February 1, 2014, the general taxpayers who produce and sell the lint, cotton yarn, refined tea and melon seeds with the purchase of agricultural products as the raw materials have been included in the pilot scale of the approved value-added tax of agricultural products. Whether the agricultural products are used for the production of the above products or not, the value added tax input tax is in accordance with the notice of the Ministry of Finance and the state Administration of Taxation on the approved deduction of the value-added tax of agricultural products in some industries, which means that 13% of the input tax will be broken.

    < /p >


    < p > < strong > the influence is limited < /strong > < /p >.


    The introduction of "P" several policies has a positive effect on the development of textile enterprises to some extent, and it seems that cotton spinning enterprises have seen the hope of solving the bottleneck of development. However, most cotton spinning enterprises believe that the impact of these policies on enterprises is still limited.

    < /p >


    < p > "no matter what, the introduction of policies is of positive significance for the future development of enterprises, which is a good thing for enterprises."

    Luo Dongyi, general manager of Lingxian County Hengfeng Textile Co., Ltd. believes that although the policy has been adjusted recently, the intensity of the policy is still very small for enterprises.

    < /p >


    < p > "cotton policy is only a pilot project in Xinjiang, and has not been implemented in the whole country.

    Although the price of cotton is a little lower than the original price, it still has a big gap compared with the international cotton price, which has not brought much benefit to cotton spinning enterprises.

    Luo Dongyi said.

    < /p >


    < p > "at present, the market is not very good, sales are declining, the prices of products are falling, and the market is watching."

    Jiangxi Jinxing Textile Co., Ltd. is mainly cotton spinning products. Han Jiangzhong, director of the company's office, said these policies have little impact on enterprises.

    "It has not played a fundamental role."

    < /p >


    < p > it is worth mentioning that in the recently held China a href= "http://www.91se91.com/news/index_c.asp" cotton textile industry association < /a > Fourth Fifth enlarged meeting of directors, in view of the current cotton releasing and storage policy, cotton textile enterprises have strong objection to the regulations on the import and export of national storage cotton and the sale of cotton in Xinjiang, and they believe that this measure creates new unfair competition.

    < /p >


    < p > for the relevant situation of "high levy and low deduction" reform, Zhan Lingzhi, chairman of Limited by Share Ltd, Anhui Huamao Group, pointed out that in 2014, Anhui province included cotton yarn in the pilot scale of approved value-added tax of agricultural products. According to the relevant regulations, the company could pay less taxes than the year, which is beneficial to enterprises, but it is unreasonable to approve the deduction according to the different product varieties.

    < /p >


    < p > she suggested that the procedures and market order that conform to the financial system and international practice should be established according to the tax deduction of value-added tax, which is conducive to the participation of enterprises in international competition.

    < /p >


    < p > > the information manager of China Cotton Textile Information Network < a href= "http://www.91se91.com/news/index_c.asp" > "Ha Xiao Si < /a > analysis shows that the relevant policies are good news for the textile industry, but because some policies have not promulgated specific measures, it has not brought much impact on the current production and operation of enterprises.

    < /p >


    < p > < strong > prepare for coping well < /strong > /p >


    < p > although the relevant policies are being implemented step by step, the current situation of the industry has not been improved because of the implementation of policies. For cotton spinning enterprises, the future situation is still not optimistic, and relevant measures will still be taken to deal with them.

    < /p >


    < p > "this year's situation will not be very good. If it is not good in the first half of the year, it will not be good in the second half of the year."

    Liu Disheng, deputy general manager of Wuxi four cotton textile Co., Ltd., said that the quality of the situation still needs to wait until all policies are clear.

    < /p >


    < p > Luo Dongyi said that under the current policy uncertainty, enterprises can only rely on improving product quality and adjusting the product structure.

    < /p >


    The adjustment of < p > < < a href= > http://www.91se91.com/news/index_c.asp > > cotton policy > /a > is a long and protracted war.

    He Xiaosi pointed out that cotton textile enterprises still need to take relevant measures before the policy has completely landed.

    < /p >


    < p > "on cotton policy issues, cotton problem has long troubled cotton spinning industry and even the entire textile industry. China Textile Federation is stepping up efforts to solve related problems. The state has adjusted the policy of purchasing and storage into target price subsidy policy, so that the textile industry can see the dawn, and the policy is changing to the direction conducive to the development of the textile industry."

    Gao Yong, vice president and Secretary General of China Textile Industry Federation, pointed out.

    < /p >


    < p > Gao Yong also cautioned that the textile industry in 2014 changed steadily. It is expected that there will be some changes in the raw material market after the new cotton market is launched in September. The current cotton policy is a protection for the peasants with low agricultural productivity. There is little possibility of full liberalization. The textile enterprises should be prepared to deal with all kinds of changes.

    < /p >


    < p > "although the relevant policies are being adjusted, we will be affected for at least three years, and enterprises should be prepared."

    Gao Yong has been stressing with businesses.

    < /p >


    Below P, this is the season when spring is very strong. The related policies of cotton spinning industry are also loosening, but for the cotton textile industry, the arrival of spring is still far away.

    < /p >

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