Target Price: How To Define Cotton Sale Is Still Questionable.

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Since October 13th, a total of 169 cotton processing enterprises in Xinjiang have received the "target price reform and processing enterprises" plaque from the Corps, and a few of them have also begun to buy cotton seeds locally. Cotton farmers have issued bills for local tax authorities, and cotton farmers have doubts about whether they can get subsidies.

Implementation of the trial of cotton target price reform in Corps

"(temporary)" is stipulated in this way: "since the state subsidized the cotton production according to the cotton production statistics of the autonomous region and the regiment, the cotton grown by the cotton growing corps must be submitted to the cotton processing enterprise of the corps to be included in the output statistics.

"Subsidized cotton processing enterprises are not allowed to buy local cotton", but cotton farmers and cotton enterprises are still confused.

In this regard, the reporter to a group of cotton enterprises responsible person for consultation.

The person in charge said that the Corps, wholly owned by local units or jointly established with local enterprises and approved by the local development and Reform Commission of Xinjiang, is fully qualified to purchase local cotton seeds. Although the Corps has the right to belong, it is still a local cotton enterprise, and everyone has no objection to the acquisition qualification of this sub enterprise.

The main controversy is whether the cotton enterprises that are approved by the corps development and Reform Commission approve the acquisition of local cotton seeds.

The head of the Division said that as long as these cotton enterprises were not specialized in corps, but dedicated to serving the market, they were eligible to purchase local cotton, and the receipts issued to cotton farmers could receive state subsidies.

It is understood that such enterprises usually have the following three forms, one is the direct purchase of cotton enterprises by the Corps, the two is the direct investment in the construction of cotton enterprises, and the three is the corps and local cooperation in the construction of joint-stock enterprises.

Through the above definition, we hope to dispel the doubts of cotton farmers and cotton enterprises so as to enable the parties to successfully and smoothly hand over cotton.