On February 22, 2022, the “No. 1 Central Document” that the market focused on was released as scheduled. The content of this year’s document continues to closely follow the national policies and changes in the market situation. There are many new changes in the wording of “agriculture, rural areas and farmers” compared with last year. , especially in cotton work, stick to the unchanged and expand into new situations amidst changes.
This year’s “No. 1 Central Document” clearly proposed improving the cotton target price policy, while last year’s document did not have a written description of the cotton target price. Looking back further, it stated the improvement of the Xinjiang cotton target price. Market participants believe that since 2017, the country has deepened the cotton target price reform in Xinjiang. The target price will be fixed for three years. The price level from 2017 to 2019 is 18,600 yuan per ton, and the price level from 2020 to 2022 is also 18,600 yuan per ton. The cotton market price in 2021 is at a historical high, significantly higher than the target price subsidy standard, so the subsidy procedure has not been initiated. Facing the complex internal and external cotton market situation since 2022, cotton prices at historically high levels are facing great downward risks. The significance of ensuring farmers’ cotton planting income and stabilizing cotton production has become prominent. In addition, the cotton target price in 2023 will have to be re-established according to changes in the market situation. Therefore, continuing to improve the target price subsidy is of great significance to the formulation of a new target price policy next year.
Mainland cotton people said that this year’s document removed the word “Xinjiang” when describing and improving the cotton target price policy, which means that while the country is promulgating policies to protect Xinjiang cotton farmers, it will also pay attention to the cotton planting rights and interests of mainland farmers and stabilize the cotton planting area in the mainland. In recent years, the cotton planting area in Xinjiang has been stable, while the cotton area in the mainland has shown a downward trend. In the future, we will give full play to the effectiveness of policies and use scientific and technological advantages to gradually stabilize and restore the cotton planting area in the mainland to ensure stable domestic cotton supply. Since 2018, the United States has frequently used the Xinjiang cotton incident to hype up and curb the export of Xinjiang cotton and its products to achieve its so-called political goals. Therefore, the appropriate development of cotton production in the mainland also plays an important role in stabilizing the development of the domestic cotton spinning industry.
This year’s “No. 1 Document” proposed in the chapter on strengthening support for modern agriculture that the use of cultivated land should be classified and clearly implemented, and the priority of cultivated land utilization should be strictly implemented. Cultivated land is mainly used for the production of grain, cotton, oil, sugar, vegetables and other agricultural products, as well as forage and feed. Farmland is mainly used for food production, and in principle, all high-standard farmland is used for food production. The cotton expert believes that since last year, the “No. 1 Document” has ranked cotton behind food and ahead of other agricultural products in the priority order of cultivated land. This shows the important position of cotton production in domestic agriculture and also reflects the country’s stable cotton production. Determination to produce.
This year’s “No. 1 Central Document” proposes to improve the monitoring and early warning system for the entire agricultural product industry chain, promote the establishment of a unified agricultural product supply and demand information release system, and strengthen regulation and emergency support by classification and variety. Such new formulations have not appeared in previous years’ documents. This indicates that market risk prevention will be strengthened this year, and relevant regulatory policies will be implemented in advance, so as to effectively play the role of precise regulation and emergency support.
Agricultural development is related to the national economy and people’s livelihood, as well as the rise and fall of the country. The “No. 1 Central Document” has drawn a clear direction and route for this year’s “agriculture, rural areas and farmers” work. China Cotton Network will also follow the spirit of the document and continue to focus on the cotton industry to provide tracking and reporting services. .
</p
