On the afternoon of June 9, the Xinjiang Cotton Association held a “Promotion of Cotton Processing” event in Urumqi Industry Development Quality Promoting the Quality and Efficiency of Xinjiang Cotton Industry” symposium, Liang Yong, Deputy Secretary-General of the People’s Government of the Xinjiang Autonomous Region and Director of the Office of the Cotton Industry Development Leading Group of the Autonomous Region and the Autonomous Region A total of 45 people from 20 representative leading cotton processing companies from the National Development and Reform Commission, Department of Agriculture and Rural Affairs, Department of Commerce, Market Supervision Bureau, Supply and Marketing Cooperatives, Agricultural Development Bank of China Xinjiang Branch, and members of the Cotton Association attended the symposium, and the Xinjiang Cotton Association Chief Wang Zhong presided over the meeting.
At the meeting, 20 cotton processing companies analyzed the current cotton market The situation has been analyzed. The current market has reduced cotton production and area due to speculation about Xinjiang weather and other aspects. Cotton prices have risen rapidly recently. If we cannot respond correctly, there will be greater risks. We must learn from the profound lessons of 2021 and avoid blind panic buying. Government departments and the national cotton trading market must promptly and accurately release cotton inventory information to reduce blind speculation caused by information asymmetry. They exchanged views on improving the quality and efficiency of enterprises, purchasing high quality and low prices, improving cotton processing quality, optimizing the layout of processing capacity, and developing new cotton processing enterprises. It is necessary to vigorously promote the cooperation model of farmers + professional cooperatives + acquisition and processing enterprises. Guide the industrial chain to extend to the rear end to achieve win-win cooperation in all links of the industrial chain. It is necessary to speed up the elimination of backward production capacity, reduce the shutdown of some backward production capacities and production capacity in non-cotton-friendly areas, and make a good production capacity layout according to advantageous cotton-producing areas.
Relevant departments of the autonomous region combined with the speeches of enterprises on the development of the cotton industry in the autonomous region Policies, cotton target price policies and supporting measures, as well as policies and measures such as optimizing the layout of processing capacity, strengthening corporate integrity management evaluation and quality subsidies were interpreted. They pointed out that the reason why Xinjiang’s cotton industry has developed so well is due to the strong support of the state, the unremitting efforts and persistent exploration of the autonomous region government and enterprises, and the support of the continuously improving policy system. Affected by recent market speculation, cotton prices have become more volatile and market uncertainties have increased. Cotton companies must rationally analyze and judge the market, purchase and sell rationally, and prevent and control risks.
Deputy Secretary-General of the Autonomous Region People’s Government, Autonomous Region Cotton Industry Development Leading Group Office Director Liang Yong made a concluding speech. He pointed out that the Party Central Committee and the State Council attach great importance to Xinjiang’s cotton work, and the main leaders of the autonomous region’s party committee and government have put forward clear requirements for promoting the high-quality development of our region’s cotton industry. The main tasks of the Cotton Industry Development Leading Group Office of the Autonomous Region are to formulate annual cotton work plans, coordinate and solve difficult problems in cotton development, promptly reflect industry development trends, actively strive for central policy support, maintain the security of cotton industry development, and promote the stability and health of the cotton industry in our region. sustainable development. Currently, with the market recovering slowly and exports declining, domestic cotton prices have risen rapidly, and some companies have developed a mentality of blindly betting on the future market. This year’s cotton year will focus on risk prevention and control. The Cotton Association should play a good role as a bridge between the government and enterprises and assist the government in promoting high-quality development of the cotton industry.
Wang Zhong, President of Xinjiang Cotton Association, pointed out at the end of the meeting From the perspective of the development of the cotton industry in the autonomous region, Deputy Secretary-General Liang Yong made an in-depth analysis of promoting the sustainable development of the current cotton industry and preventing and controlling risks, put forward specific requirements, and spoke from a high position, which has a strong influence on our cotton work. Instructive. Currently, cotton market prices are rising rapidly, domestic and foreign economic recovery is not as good as expected, uncertainties are increasing, and market risks are increasing. Cotton enterprises must combine their own realities, accurately understand the spirit of this meeting, and in accordance with the requirements of coordinated development and safety put forward by the central government, thoroughly study and implement the relevant policies of the autonomous region’s cotton industry, do a good job in honest cotton management, improve cotton quality, and achieve increased farmers’ income and Business growth�� to ensure the safe and stable operation of the cotton industry chain.
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