< p > recently, "2014 China" a href= "//m.pmae.cn/news/index_s.asp" > cotton industry < /a > Summit Forum was held in Xiamen, Fujian.

The forum is sponsored by China Cotton Association. The theme is "new era cotton industry".

The forum discussed how the cotton industry should take advantage of the new situation and new policy environment, reform and innovation, and realize the sustainable development of the industry.

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< p > < strong > cotton temporary storage policy needs to be improved and improved < /strong > < /p >.

< p > in this forum, Luo Lin, vice chairman of the China national supply and Marketing Cooperative head office and vice president of the Council, analyzed the changes and Countermeasures of the cotton industry policy.

Since 2011, China's cotton temporary purchase and storage policy has played an important role, but the cotton market lacks vitality and needs to be improved.

This year, the pilot of Xinjiang's cotton target price subsidy will have a greater impact on all sides of the industrial chain. All sides should step out of the inertia thinking of the temporary purchasing and storage policy, accurately grasp relevant policies of the state, pay attention to the supply and demand situation in the international and domestic markets, and ensure the normal operation of production and operation.

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Zhou Shengtao, President of the China Cotton Association, pointed out at the forum that reform has made China the world's largest cotton and < a target= "_blank" href= "//m.pmae.cn/" > textile < /a > big country. Now there is also a need for reform to solve the problems existing in the cotton industry.

In view of the temporary purchasing and storage policy since 2011, Zhou Shengtao believes that the data of seed cotton purchase price and lint sale price in the three years show that the policy of purchasing and storing has played an important role in protecting the interests of cotton farmers and ensuring market stability, but it also causes problems such as failure of price signals and lack of vitality in the market.

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< p > to Zhou Shengtao's view of the world economic situation in the 2014, we believe that the overall economic development is good, but the unstable and uncertain factors are still outstanding.

Although the situation facing the Chinese economy is complicated, its fundamentals are better, and there are foundations and conditions to maintain rapid growth in the next period.

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< p > < strong > Xinjiang target price pilot reform < /strong > < /p >

< p > Zhou Shengtao pointed out that in the third Plenary Session of the 18th CPC Central Committee, the direction for the development of China's cotton industry was pointed out. The pilot of Xinjiang's target price reform is to adhere to the principle of market pricing and explore the reform of promoting the decoupling of cotton price formation mechanism from government subsidies. While protecting the basic income of cotton farmers, the market mechanism will play a decisive role under the premise of improving the market regulation system.

Based on the long-term development of China's cotton industry, the pilot reform of target prices in Xinjiang will play an important role in optimizing planting layout and stimulating market vitality. However, in the first year of reform, market risks and uncertainties increase.

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< p > Zhou Shengtao believes that in the global integration environment, the reform and development of China's cotton industry will bring more positive effects to the world cotton industry.

< a href= "//m.pmae.cn/news/index_cj.asp > > financial > /a > crisis makes every country committed to economic restructuring, recognizing the urgency of reform, the necessity of innovation and the value of cooperation.

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