Xinjiang'S Cotton Subsidy Will Be Subsidized By Cotton Producers According To The Volume Of Sale.

The Uygur Autonomous Region People's government announced 2015

The implementation of the target price reform pilot scheme and the cotton direct subsidy mode will be subsidized by cotton producers in most parts of Xinjiang.

According to this plan, from September this year, 90% of the total amount of central subsidy will be supplied to cotton farmers by sale. The remaining 10% will be subsidized by the 4 Southern Xinjiang prefectures of Kashi, Hotan, Akesu and kiriz Kirgiz Autonomous Prefecture.

In the 2014 year's pilot work, 60% of the central subsidy fund was supplementation by the cotton planting area, and 40% was implemented according to the provisions of the actual sales volume. However, the subsidy method of "area + sales volume" has the disadvantages of heavy workload and high administrative cost.

In recent years, China's cotton market has fluctuated greatly, especially in Xinjiang, the phenomenon of "selling cotton is difficult".

In order to protect the interests of cotton farmers, since 2011, the state has implemented the temporary cotton purchase and storage policy for 3 consecutive years, which has played an important role in stabilizing domestic cotton production and protecting the interests of farmers. At the same time, it also caused domestic cotton prices to be much higher than that of the international market.

The cost of industrial raw materials is high, and the international competitiveness is weakening rapidly, which once again affects cotton production and acquisition.

In order to solve the predicament of "white industry", in 2014, the central government decided to carry out a pilot project of cotton target price reform in Xinjiang to stabilize the income of cotton farmers, while reducing the cost of raw materials for textile enterprises and promoting the coordinated development of the upstream and downstream industries.

At present, domestic cotton prices have dropped to a more reasonable level, basically in line with international market prices.

Xinjiang is the largest cotton producing area in China, and more than half of the local farmers benefit from this "white industry".

Last year, local

More than 4 million 250 thousand tons of cotton, accounting for more than 60% of the total output.