Cotton Target Price Reform Deepened And Pformation Followed Closely.

This year is the opening year of 13th Five-Year. Cotton target price reform is advancing in depth. The "13th Five-Year" plan for textile industry will be introduced soon.

Against this background, the agriculture development bank revealed that the cotton credit work of the bank also stood at a new historical starting point.

It is reported that the Agricultural Development Bank has completed the organizational reform, and set up the grain, cotton and oil department's special grain, cottonseed oil credit work, highlighting the importance of the above areas.

The Agricultural Development Bank said that the cotton industry has always been the focus area of the bank's credit support. In order to better serve the Chinese cotton industry, we have established a credit support idea for setting up the "four concepts" and realizing the "four upgrading".

The information provided by the agricultural development bank to reporters shows that the main contents of the above credit support ideas are: setting up the market concept, enhancing the ability of pformation and upgrading of the service industry; setting up the concept of globalization, enhancing the competitiveness of cotton credit customer groups, setting up fine ideas, enhancing the effectiveness of cotton credit management, setting up the concept of integration, and enhancing the level of coordinated development of grain, cotton and oil business.

Around these four aspects, the Agricultural Development Bank has also made specific arrangements for related work.

Take "enhancing the capability of pformation and upgrading of cotton industry" as an example.

At present, the consensus is that cotton is an important cash crop in China and a highly marketable agricultural product.

At present, China's cotton industry is big but not strong, and the pressure of pformation and upgrading is very urgent.

In the light of

Under the pressure of industrial pformation, the Agricultural Development Bank pointed out that in the process of carrying out the policy bank's functions and serving the pformation and upgrading of the cotton industry, it will set up a market-oriented concept and respect the market in terms of credit policy formulation, customer group building, credit risk prevention and control, and improving basic management.

In the construction of customer groups, we will speed up the adjustment of customer structure.

Through active marketing, we can absorb a batch of technology upgrading and upgrading, withdraw from a number of structural adjustment, strive to improve the competitiveness of cotton credit customer groups, and actively participate in global competition effectively.

According to statistics, in 2016, cotton production in Xinjiang accounted for more than 2/3 of the whole country, and continued to be the main battleground for cotton purchase.

Reporters learned from the agricultural development bank that the bank will arrange credit resources to tilt to Xinjiang.

At present, specific work requirements have been promulgated.

First, rational layout and protection.

Supply.

The agricultural development bank will consider the distribution of cotton resources, the operation of enterprises and the distribution of poverty-stricken counties, taking the strategic customers of the corps and local as the leading role, with other high-quality enterprises as the supplement, and do a good job in customer layout.

At the same time, we should actively implement the deployment of national poverty relief efforts to protect the supply of funds for the main cotton producing areas in poverty-stricken areas.

Secondly, make preparations ahead of time and make money and cotton.

According to the agriculture development bank, Xinjiang cotton may be listed ahead of schedule this year. The bank will seriously calculate the demand for funds, check the loan amount in time, arrange the credit scale in full, and make preparatory work for pre loan investigation, loan review and approval, contract signing ahead of time, and provide a certain amount of funds for the enterprises to ensure the smooth progress of the purchase.

At the same time, payment should be made in time to ensure full payment of cotton money.

This year, Xinjiang is linked to the three sections of the festival, the Mid Autumn Festival and the national day. In view of this situation, the agricultural development bank will actively do a good job in the supply of holiday purchase funds, and strengthen communication with the local people's bank institutions, cash agencies and loan companies to ensure the continuous supply of funds.

And strengthen the supervision of the loan payment link, urge enterprises to settle accounts with cotton farmers and brokers in time and in full, so as to ensure timely payment of cotton farmers' income.

In addition, strengthen

Prevention and control.

In order to effectively deal with market risks, the agricultural development bank will guide enterprises to adhere to the concept of sound operation and balanced sales, rationally purchase and sell at a price.

Guide enterprises to develop acquisitions according to the needs of textile enterprises.

The agricultural development bank will give priority to the implementation of a real and effective sales contract and collecting a certain percentage of the contract deposit.

At the same time, we should guide enterprises to strengthen quality management and prevent price risks caused by cotton quality because they do not meet the requirements of textile enterprises.

Reporters learned that, unlike the situation in Xinjiang, the planting area of the mainland has been shrinking year by year and the output has been decreasing year by year, due to the increasing annual cost of planting and the continuous decline of market prices.

In order to adapt to the adjustment of the cotton structure and the orientation of the state industry, the agricultural development bank will adopt the principle of marketization, optimize the customer structure, help enterprises pform and strengthen credit management to carry out the cotton purchasing credit.