In view of the current situation,
Xinjiang Vygur Autonomous Region recently worked
out some implementing opinions on further deep
reform of cotton circulation system. The major
content is as below:
1. To further open the cotton management.
Since 2001 cotton year, the Region is to open
more the cotton management, and encourage multi-channel
management and competition in an orderly way.
And no districts, departments and units are
allowed to restrict the cotton purchase and
sales work in various names.
2. To further perfect market-forming system
of cotton price.
In order to promote the general open all over
the country, as well as the early shaping up
of an orderly market, the Autonomous Region
decides to further open up the cotton purchase
3. Do well in supplying capital for purchasing
The cotton purchase capital is still to be supplied
by the Agricultural Bank of China, which should
do well in collecting capital for purchasing
cotton, and avoid the “IOU note”
4. To quicken the reform of cooperatives and
Under the principle of separation of enterprises
from cooperatives, the Region is to deep open
and revitalize the management of cotton enterprises,
making them an economic entity and main body
of the market with independent management, responsibility
for his own profit and loss, and self-development
5. To further strengthen the market management.
To strictly appraise enterprises’ allow-in
qualification for cotton purchase and processing,
and publicize the enterprises list on time.
6. To reinforce the control over cotton quality.
Cotton purchase enterprises should purchase
cotton firmly sticking to nation’s cotton
standard, and cotton inspection procedures,
and meanwhile direct peasants to pick, dry,
store and sale cotton with difference.
7. To make efforts to expand cotton export.
8. To actively promote cotton industrial management.
The cotton planting area should, under the direction
of market, train and develop cooperative organizations
with planters, developing the integrated operation