Cotton And Yarn Five Varieties September Online Trading

< p > July 18th, < a href= "http://sjfzxm.com/news/index_f.asp" > "Beijing Bo > /a > Industrial Development Corporation and China Textile Construction Planning Institute, China cotton textile industry association signed a strategic cooperation agreement in Zhejiang, and jointly organized and implemented the operation of the Xinhua and Zhejiang commodity trading center's cotton and yarn electronic trading platform project.

Cotton and yarn trading will be launched in September 29th.

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As early as the end of 2013, China and Zhejiang signed the strategic cooperation agreement on cotton and yarn varieties in Hangzhou at the end of P. Xinhua has authorized the research, design, development and operation of cotton and yarn products to China Bo industry.

In order to make the design and operation of cotton yarn more closely related to the development needs of the industry, China Bo Industrial Development Corporation joined hands with the China Textile Construction Planning Institute and the China Cotton Textile Industry Association, and the three parties jointly organized the operation of the cotton and yarn electronic trading of the Xinhua Zhejiang commodity trading center.

After several months of extensive investigation, in-depth study and careful preparation, we have basically completed the formulation of the basic rules and regulations for cotton yarn variety trading, delivery system, warehouse management and other basic rules and regulations, and formally launched cotton and yarn varieties trading in September 29th.

The first batch includes 32 varieties of cotton, pure cotton combed knitting yarn, pure cotton combed 32 woven yarn, pure cotton combed 40 knitting yarn, and pure cotton combed 40 kinds of woven yarn five kinds.

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< p > > a href= "http://sjfzxm.com/news/index_f.asp" > cotton < /a >, and yarn varieties in the mass trading of Xinhua, is an important measure to implement the SFC's policy of establishing a multi-level commodity market, to support the development of the entity enterprises, and to promote the pformation and upgrading of the textile industry. It is also guided and supported by Wang Tiankai, President of the China Textile Industry Federation.

The implementation of this project will greatly expand the breadth and depth of cotton, yarn and other textile spot trading market and related financial market development, and promote and help textile enterprises to make good use of financial instruments, enhance international competitiveness, and enhance the pricing power and discourse power of China's cotton, yarn and other textiles in the international market.

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At P, with the on-line trading of cotton and yarns, they will launch the new China Textile Big Market B2B electronic trading platform.

Besides providing basic services such as online commodity trading, information consultation and enterprise publicity, the platform will also provide comprehensive services such as development planning, technical cooperation, production and business consulting, financial services and so on, relying on the resources of industry experts.

Along with the development of the business, they will adjust and perfect the paction varieties according to the market demand, provide risk hedging, commodity purchase and investment tools for textile enterprises, and promote the steady development of the textile industry.

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< p > < < a href= > http://sjfzxm.com/news/index_z.asp > > Zhejiang > /a > Industrial Development Corporation, China textile construction and Planning Institute, China Cotton Textile Industry Association and Xinhua commodity trading center realize cross boundary and p regional resource integration, give full play to their own resource advantages, and promote service support around the real economic needs. It is a beneficial practice of combining industrial market with operation market.

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Wang Tiankai, President of the China Textile Industry Federation, attended the signing ceremony. Xu Wenying, vice chairman of the China Textile Federation, Ni Juhua, director general of the textile industry service bureau of the SASAC, Yang Hongsen, general manager of Zhejiang Xinhua commodity trading center, Li Jincai, President of China Textile Construction Planning Institute, Zhu Beina, chairman of the China National Cotton Textile Industry Association, and general manager of China Textile Industrial Development Corporation, will wait until then.

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