2014 Cotton Outlook Forum Held In Xinjiang

In September 24th,

In Urumqi, representatives of cotton and textile enterprises from Xinjiang and the mainland gathered in Xinjiang to explore the theme of "cotton market under target price policy".

The delegates agreed that

The goal is to give full play to the decisive role of the market in the allocation of resources under the premise of protecting the interests of farmers, and to decide the price formation to the market, so as to promote the coordinated development of the upstream and downstream industries.

Therefore,

We should fully learn and understand all the contents of the relevant policies, prepare various preparatory work ahead of time, and strictly carry out the operation according to the norms. After the price formation is decided by the market, the fluctuation of market price will expand and the market risk will intensify. Therefore, improving the ability of internal wind control should be a matter of particular importance to all enterprises.

At the meeting, the Xinjiang development and Reform Commission interpreted the Xinjiang cotton industry development and the target price reform pilot policy; the China Fiber Inspection Bureau will give a speech on improving the credibility of the notarization test; the national cotton trading market will focus on the establishment of the cotton professional storage system and the Xinjiang cotton target price reform pilot work.

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In September 22nd, Tai'an Jin Feihong Weaving Co., Ltd. signed the first technical cooperation agreement of Shandong province with Shandong Institute of hemp, Chinese Academy of Agricultural Sciences, Tai'an, China.

The two sides will focus on improving the quality and quality of linen textiles, giving play to their ecological, environmental protection and traditional national characteristics of products, enhancing the market competitiveness of hemp textiles at home and abroad, and promoting the sustainable development of the hemp industry.

At the signing ceremony, Chen Wanquan, director of the Institute of hemp research, Chinese Academy of Agricultural Sciences, said that the Institute of hemp of Chinese Academy of Agricultural Sciences will cooperate with Tai'an Jin Feihong Weaving Co., Ltd. in Taishan hemp varieties resources, testing base, biological degumming, linen machinery, personnel training exchange and platform information.

We will promote deep cooperation between industry, University and Research Institute, strengthen the R & D of key technologies, pform scientific and technological achievements and cultivate innovative talents, enhance the innovative ability of enterprises and the competitiveness of international products. We will start the R & D of fashion brands and terminal products of "hemp" hemp textile products in Taishan, and create a leading innovation team for the industrialization of hemp products.

Jin Feihong, chairman of the board of directors Li Jungang, said Jin Feihong is a technology oriented private enterprise, and insists on taking the road of technological innovation to enhance its core competitiveness.

The company has established cooperative relations with many colleges and universities such as Donghua University.

And set up the research center of Tai'an silk products engineering technology.

In 2013, the academician workstation for research and development of hemp products was settled by Jin Feihong. The workstation was led by Yao Mu, academician of the Chinese Academy of engineering.

The successful signing of the contract with the Institute of hemp of Chinese Academy of Agricultural Sciences will further enhance the R & D level and strength of the company in the field of hemp, and further enhance the capability of independent innovation and core competitiveness of enterprises.