The downward adjustment of the cotton sliding tax is undoubtedly a good news for the textile industry. It is comforting to add a provisional word in front of the sliding tax. The production cost of cotton textile enterprises has been reduced by some, but the actual significance is not too great. This shows that in the face of the plight of textile companies, the country has also supported it to a certain extent. However, the current textile companies have many difficulties and the cost will not drop. Change the operating conditions and business benefits of companies and industries.
How to ensure that cotton textile enterprises can use imported cotton rationally and effectively, and that the domestic cotton industry is not affected by shocks, and become the main starting point for the country to weigh the import cotton policy. The amount of annual cotton used by our textile enterprises is sufficient, and the processing trade accounts are adjusted. Margin system may have an impact on the industry.
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How to ensure that cotton textile enterprises can use imported cotton rationally and effectively, and that the domestic cotton industry is not affected by shocks, and become the main starting point for the country to weigh the import cotton policy. The amount of annual cotton used by our textile enterprises is sufficient, and the processing trade accounts are adjusted. Margin system may have an impact on the industry.
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