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China's Major Cotton-Producing Regions See a Shift in Pattern as Planting Area Shrinks in the Yangtze and Yellow River Basins
This year's Central Document No. 1 proposed launching a pilot reform of the target price for cotton in Xinjiang. In April, the National Development and Reform Commission, the Ministry of Finance and the Ministry of Agriculture jointly announced that the 2014 cotton target price would be 19,800 yuan/ton. Along with the introduction of the cotton target price policy, the temporary purchase
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Cotton farmer subsidies to be extended to the main producing areas of the Yangtze and Yellow River basins, NDRC confirms
The National Development and Reform Commission (NDRC) held a press conference on the 22nd regarding the cotton target price reform pilot and market regulation. Zhou Wangjun, deputy director of the NDRC's Price Department, said that on the issue of protecting cotton farmers' interests, in addition to subsidizing cotton farmers in the Xinjiang pilot areas, the state
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