Xinjiang enterprises to adopt new cotton classification
24 Jun '06
2 min read
United States Department of Agriculture (USDA) Foreign Agricultural Service (FAS) announces Chinese textile & trade policy situation Newsflash 2006:
Report Highlights: This report provides a news synopsis of trade policy and agriculture/commodities in China.
Agriculture/commodities news includes: China's most recent HPAI outbreaks; China's gradual increase in direct subsidies for agriculture; Chinese Center for Animal Epidemic Prevention and Control in operation; 147 Xinjiang enterprises to join the cotton classification reform; first half of 2006 heralding new investments for Xinjiang Textile Sector.
Xinjiang enterprises expected to join the cotton classification reform: According to the Xinjiang provincial government, 147 local enterprises will complete the renovation to meet the requirement of the new cotton classification system before July 15, 2006.
Out of the 147 enterprises, 74 are attached to the Cotton and Jute Bureau system, and 12 have gins involved in seed producing. These enterprises will have to install standardized baling machines and bar code systems.
Xinjiang Textile Sector attracted new investments in first half of 2006: In 2006, Xinjiang Textile Sector attracted new investments of more than $125 million from the coastal regions.
The investors are from Zhejiang, Jiangsu and Hong Kong. The new investments will concentrate on spinning in cotton-producing regions including Akasu, Hami and Kuaitong.
United States Department of Agriculture Foreign Agricultural Service