Policy Options on Deepening Target-oriented Price Reform of Cotton in Xinjiang Uygur Autonomous Region (No. 34, 2020)

China Daily (Europe) | Apr 8, 2020 at 12:00 AM
  • The second round of pilot practice of cotton target-oriented price reform in Xinjiang Uygur Autonomous Region is coming to an end.
  • In 2020, the future performance of cotton price reform has drawn close concern from Xinjiang officials and people and aroused high concern from the international community.
  • A new round of cotton target-oriented price reform needs to be carried out according to the general principle of “stabilizing the framework while setting the targets, verifying the total amount while adjusting the allocation and clarifying the subsidy functions in light of local conditions”.