Our Cotton Reserves Are Abundant And Can Be Put In Time According To Market Demand.

Recently, the national development and Reform Commission replied to the Eleventh National People's Congress, chairman of Zhao Linzhong, the chairman of the run group of the National People's Congress.

The reply pointed out that, from the current situation, the state reserve cotton bank is quite abundant, and the ability to control the market through reserves has increased significantly compared with the previous years. When the market needs, it can be released in a timely and sufficient manner, which can meet the needs of textile enterprises to use cotton and ensure the smooth operation of the market.

Since the second half of last year, our country

Exports are slowing down and business is facing difficulties.

The reply pointed out that the reason for this situation is that, due to the aggravation of the European debt crisis and the slow recovery of the US economy, the global textile demand is not strong. Two, with the acceleration of the rising cost of labor and so on, part of the textile industry in China, backward production capacity can not adapt to the market changes, and is in a weak position in the competition with Southeast Asian countries. Three, the expansion of the price difference between the inside and outside of the textile industry has a certain impact on the competitiveness of our textile industry.

According to the reply, in September last year, the state started the temporary purchase and storage of cotton in a timely manner, and played an active role in stabilizing the market and protecting the interests of cotton farmers. The stability of the market also provided a predictable market environment for textile enterprises.

However, the cotton price in the international market has fallen too fast in the same period, which is lower than the domestic cotton price, which will adversely affect the textile industry's participation in international competition.

In order to ease the difficulties faced by textile enterprises, the state promised to issue cotton import tariff quotas in a timely manner at the end of last year in accordance with WTO commitments.

Import quotas not only supplement market resources, but also make them more efficient.

We can use some cheap imported cotton to balance the cost of raw materials.

The reply said that, from a certain period of time, the textile demand may still be depressed by the international economic situation, and the domestic cotton market is facing more uncertain factors. The state will pay close attention to the changes in the domestic market and prices, make plans for the storage of cotton in advance, and rationally determine the selling price and the way of delivery of the reserve cotton.

At the same time, we should actively guide the textile industry to change the way of development, intensify efforts to eliminate backward production capacity, speed up industrial upgrading and technological progress, improve product grades and added value, and further enhance export competitiveness.