Import and export for cotton textile shrinking

Recently, the National Development and Reform Committee held meeting to discuss the preparation work of this year’s new cotton store up. The meeting declared clearly the policy for this year’s new cotton store up, namely starting from September 1, at the fixed price of CNY 19800 per ton, make the purchase without limitation.

In order to provide a good environment for the development of cotton industry and textile industry, further improve the micro-economic regulation and ensure the effect, the related government office will work to make a sophisticated policy system on it, and the specific measures for implementation will be published before the end of August.

ctei.gov.cn