News
Not the same 2019 is worth looking forward to the cotton industry
Release time:
2019-03-14 13:25
Source:
Entering March, relevant national policy news frequently appeared, and the development of cotton textile industry may have new changes. The following will make a brief analysis from the recent hot spots.
On the morning of March 5, the second session of the 13th National People's Congress opened, and Premier Li Keqiang delivered a government work report. The report clearly pointed out: deepen the reform of value-added tax, reduce the current 16% tax rate in manufacturing and other industries to 13%, and reduce the current 10% tax rate in transportation and construction industries to 9%, so as to ensure that the tax burden of major industries is significantly reduced. As far as yarn enterprises are concerned, the cost of purchasing raw cotton after tax reduction can save 300-500 yuan/ton. Therefore, this tax reduction will undoubtedly help cotton weaving enterprises to save operating costs and provide a guarantee for the development of the entire textile industry to improve competitiveness.
On March 11, Wang Wei, deputy general manager of the National People's Congress and deputy general manager of Shanghai Textile Decoration Co., Ltd., suggested during the two sessions to deepen the reform of import cotton quota management and explore a new model of "government guidance platform to support market-oriented operation. In particular, it is pointed out that "on the premise of basically maintaining the existing policy, that is, keeping the two modes of application for enterprises with more than 50000 spindles and designated import by state-owned trading enterprises unchanged, a certain amount of import quotas are allocated from the total quota every year for small and medium-sized textile enterprises with a production scale of less than 50000 spindles without separate declaration qualification, and a special pilot project of" centralized management of imported cotton quotas "for small and medium-sized enterprises". This may be a new direction for the reform of imported cotton quotas in the future, which will benefit the entire cotton textile industry.
In recent years, there have been more and more voices about the reform of the issuance of cotton import quotas. Under the current situation that the contradiction between cotton production and demand is gradually emerging, it is imperative to increase the effective supply of foreign cotton. With the decline in reserve cotton stocks, whether to issue additional quotas, while taking into account the needs of small and medium-sized textile enterprises in the issuance of quotas, the development of a more effective quota implementation mechanism is worth looking forward to and considering.
Recently, there have been various conjectures about reserve cotton in the market, which reflects the market's recognition and dependence on the demand for reserve cotton and regulatory policies. Regardless of whether it is a round, the role of reserve cotton in stabilizing the market will not change. From this point of view, there is no need to over-interpret various conjectures about the reserve cotton wheel. In addition, 2019 is the last year of the three-year implementation period of Xinjiang cotton target price. How to set the target price this year will have a profound impact on the future development of the cotton market. It is believed that the policy to help the healthy development of the cotton spinning market will gradually fall to the ground, and this 2019 is worth the industry's expectation.
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Fenji set sail again and ride on the dragon to compose a new chapter.
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Recently, the China Textile Industry Federation announced the results of the 2023 National Textile Industry Labor Skills Competition. Sun Yuanxiu, the head coach of the spinning operator of Fujian Changyuan Textile Co., Ltd., won the honor of "National Textile Industry Technical Expert". The competition results were 18. Ranked first among the winners of the National Textile Industry Labor Skills Competition with this honor.
Not the same 2019 is worth looking forward to the cotton industry
Release time:
2019-03-14 13:25
Source:
Entering March, relevant national policy news frequently appeared, and the development of cotton textile industry may have new changes. The following will make a brief analysis from the recent hot spots.
On the morning of March 5, the second session of the 13th National People's Congress opened, and Premier Li Keqiang delivered a government work report. The report clearly pointed out: deepen the reform of value-added tax, reduce the current 16% tax rate in manufacturing and other industries to 13%, and reduce the current 10% tax rate in transportation and construction industries to 9%, so as to ensure that the tax burden of major industries is significantly reduced. As far as yarn enterprises are concerned, the cost of purchasing raw cotton after tax reduction can save 300-500 yuan/ton. Therefore, this tax reduction will undoubtedly help cotton weaving enterprises to save operating costs and provide a guarantee for the development of the entire textile industry to improve competitiveness.
On March 11, Wang Wei, deputy general manager of the National People's Congress and deputy general manager of Shanghai Textile Decoration Co., Ltd., suggested during the two sessions to deepen the reform of import cotton quota management and explore a new model of "government guidance platform to support market-oriented operation. In particular, it is pointed out that "on the premise of basically maintaining the existing policy, that is, keeping the two modes of application for enterprises with more than 50000 spindles and designated import by state-owned trading enterprises unchanged, a certain amount of import quotas are allocated from the total quota every year for small and medium-sized textile enterprises with a production scale of less than 50000 spindles without separate declaration qualification, and a special pilot project of" centralized management of imported cotton quotas "for small and medium-sized enterprises". This may be a new direction for the reform of imported cotton quotas in the future, which will benefit the entire cotton textile industry.
In recent years, there have been more and more voices about the reform of the issuance of cotton import quotas. Under the current situation that the contradiction between cotton production and demand is gradually emerging, it is imperative to increase the effective supply of foreign cotton. With the decline in reserve cotton stocks, whether to issue additional quotas, while taking into account the needs of small and medium-sized textile enterprises in the issuance of quotas, the development of a more effective quota implementation mechanism is worth looking forward to and considering.
Recently, there have been various conjectures about reserve cotton in the market, which reflects the market's recognition and dependence on the demand for reserve cotton and regulatory policies. Regardless of whether it is a round, the role of reserve cotton in stabilizing the market will not change. From this point of view, there is no need to over-interpret various conjectures about the reserve cotton wheel. In addition, 2019 is the last year of the three-year implementation period of Xinjiang cotton target price. How to set the target price this year will have a profound impact on the future development of the cotton market. It is believed that the policy to help the healthy development of the cotton spinning market will gradually fall to the ground, and this 2019 is worth the industry's expectation.