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The Reform Of Cotton Policy Should Be Accelerated.

2014/4/2 10:34:00 33

Gao JieLow DeductionReformCotton

At present, cotton Spin The industry is in the critical period of cotton direct subsidy policy adjustment, dumping and storage price decline, and "high levy and low deduction" reform. Every change of policy affects the heart of cotton textile enterprises. In March 27th, the fourth five annual meeting of the Chinese cotton textile industry association, hosted by Limited by Share Ltd of Qingdao global group, was held in Qingdao, Shandong. The meeting judged the current situation of cotton spinning industry and suggested that cotton spinning enterprises should actively respond to changes in policies.


Gao Yong, vice president and Secretary General of China Textile Industry Federation, vice president of China Textile Industry Federation, honorary president of China Cotton Textile Industry Association, Xu Wenying, head of the Ministry of industry and commerce, State Development and Reform Commission, agricultural development bank, etc., and Zhu Beina, chairman of China cotton textile Industry Association, and representatives from Anhui Huamao, Guangdong Yida, Zhejiang Cole group, and Fu Tian Group and other textile enterprises and local and industrial organizations have more than 400 ginseng associations.


Xu Wenying said Xinjiang cotton The implementation of target price subsidy is the beginning of marketization of China's cotton industry. He said that the state should "let go when we let go" and let cotton prices really become marketable. At the same time, after the implementation of cotton direct subsidy policy, the interests of cotton farmers have been protected. Then, sliding tax should be abolished or fixed tax rate should be abolished as soon as possible. The reform of "high taxes and low deduction" should also be accelerated.


As Anhui province took the lead in putting lint and cotton yarn into the pilot scale of the approved value-added tax of agricultural products, the problem of "high and low deductions" troubled the cotton textile industry for a long time finally loosened. As a pilot enterprise in Anhui Province, Zhan Lingzhi, chairman of Anhui Huamao Group, shared the experience of enterprise measurement. She said that with the increase of cotton input tax to 17% deduction, the value added tax of enterprises can be greatly reduced according to the current cotton price, especially for single spinning enterprises. But she also pointed out that there are still unreasonable aspects of the current accounting standards, and Huamao Group will actively make recommendations. Zhu Beina said that although not all provinces are now in the pilot, enterprises can calculate and make recommendations on their own. At the same time, enterprises should actively appeal to relevant departments in their respective provinces to promote and improve the reform of "high levy and low deduction".


At the meeting, there was a question from the business representatives that Xinjiang should implement the target price subsidy policy, and what would happen to the cotton in the mainland? Would it continue to purchase and store? In this regard, Li Yan, deputy director of the commodity division of the economic and Trade Bureau of the NDRC, made it clear that the mainland cotton would not continue to implement the temporary purchase and storage policy. However, Gao Yong believes that there are still variables in the acquisition and storage of cotton in the mainland.


Although the policies of cotton textile industry have been adjusted to the favorable direction, cotton is still facing the contradiction between high inventory and oversupply. Gao Yong said that the current cotton policy has seen the dawn of the cotton textile industry, but it is only the dawn. If the cotton production rate in China is not improved, then there will be a policy to protect cotton farmers. He said that both the policy of cotton purchase and storage and the reform of taxes and fees should be improved step by step, and the active participation of enterprises should also be required.


The meeting heard Zhu Beina's report on the operation of the cotton textile industry and the work of the board of directors, and adopted the list of fourth vice presidents, standing directors and directors of the Chinese cotton textile industry association, and adopted the management method of the branch of the Chinese cotton textile industry association, and organized the voting of the ten young entrepreneurs and ten outstanding entrepreneurs in the Chinese cotton textile industry.


The conference also released the ranking results of China's cotton textile industry's main economic performance indicators in 2013 and was selected. enterprise Issue a certificate.

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