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    The Use Of Cotton Within The Territory Has Attracted Wide Attention.

    2016/11/8 11:34:00 58

    Intra MarketCottonUsage

    According to statistics from relevant agencies, Xinjiang cotton pportation volume reached 3 million tons in 2015. According to the national cotton market monitoring system survey, the output of Xinjiang cotton will reach 3 million 782 thousand tons in 2016, which means that the volume of Xinjiang cotton will be reduced to 220-260 tons this year.

    In the context of a sharp decline in cotton production in the mainland, the future

    Xinjiang cotton

    It will become a valuable resource competing for the competition between the inner and outer textile enterprises.

    In 2016, Xinjiang continued to invest in the cotton textile industry. It is estimated that the investment will reach nearly 65 billion yuan at the end of the year, and the output of cotton spinning will reach 15 million.

    According to incomplete statistics, Xinjiang's GDP grew by 8% in the first half of 2016.

    Spinning and weaving industry

    GDP grew by 40% over the same period last year, so it is clear how important the cotton textile industry is.

    In order to support the development of the cotton textile industry, Xinjiang autonomous region has introduced a series of preferential measures, including the establishment of specialized textile and clothing development special funds, increasing the frequency of subsidies, and giving special taxes, freight rates and electricity prices.

    Favoured policy

    It also supports new policies in textile and clothing export and logistics.

    At present, the Xinjiang cotton spinning industry has formed the five major textile industry gathering areas, which are centered on two major textile cities in Akesu and Shihezi, including Urumqi Changji, Shihezi Kuitun, Korla Yuli, Akesu al Al and Kashi. By the end of 2015, the cotton spinning capacity has reached 12 million spindles.

    With the continuous development of the cotton spinning industry, the amount of cotton used in the territory has attracted wide attention.

    If the amount of cotton used per 10000 spindles is calculated at 80-100 tons, the amount of cotton used for 15 million spindles in Xinjiang will reach 120-150 million tons.

    In 2017, Xinjiang plans to expand cotton production capacity to 1800-2000 million spindles.


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