Home / Knowledge / News / Textiles / China set to revamp cotton sector
China set to revamp cotton sector
08
Apr '15
China’s cotton policies will evolve based on continued movement toward a market-driven economy, balancing the interests of Chinese cotton farmers against those of textile manufacturers, disposal of the country’s large cotton stocks, and compliance with World Trade Organisation commitments, says the US Department of Agriculture (USDA).

The Economic Research Service of the USDA in a report has concluded that China’s cotton policy during 2011-13 had unintended consequences and became unsustainable as an approach to support the country’s cotton producers, and China has seen its consumption of raw cotton drop sharply.

According to the report, China’s policymakers have signalled their intentions to alter their cotton support to reduce the link between income and price support. There will be a period of transition as a more sustainable set of policies evolve and the policies will differ from those of the United States, reflecting the characteristics of China’s agriculture and cotton industry.

These new policies and the policies of the transitional period will be designed to meet a set of goals, which include sustaining a domestic cotton industry (particularly in Xinjiang) by offsetting the impact of rising wages on the production of a labour-intensive crop, providing China’s cotton yarn producers with access to relatively competitively-priced cotton.

The policies will also address efficient use of government resources available to support agriculture and directing the development of China’s agricultural and industrial sectors to modernise, improve applied technology and value-added per unit of labour, and development of large, integrated enterprises.

China’s agricultural support for cotton is expected to shift from almost total reliance on price supports to a much greater reliance on income subsidies to farmers, utilising a target-price-based system of payments to farmers to offset the impact of lower prices.

China’s ambitious goals for agricultural modernisation are one reason for the decision to make Xinjiang the location for a pilot of this programme—Xinjiang’s farms are larger than those in other provinces, more highly mechanised, and their production system can be more readily integrated into China’s modernised system of cotton quality management through machine classing (HVI).

The full extension of this pilot to other provinces could be significantly influenced by policies to increase the scale of farming in China, directing subsidies to cooperatives and farms created by consolidating a large number of smaller plots. 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search