On February 5, the Central Committee’s No. 1 document was released. The overall requirements are to win the battle against poverty, make up for the outstanding shortcomings in the fields of comprehensively building a moderately prosperous society and “agriculture, rural areas and farmers”, do a good job in stabilizing agricultural production and supply, and ensuring The poverty alleviation campaign has come to a successful conclusion, ensuring that rural areas simultaneously build a moderately prosperous society in all respects. It can be said that the full text content this time is more targeted and the focus is more prominent.
In the current situation where market risks and challenges at home and abroad have increased significantly, and the downward pressure on the domestic economy has increased, it is crucial for policies to stabilize the fundamentals of agriculture and play the role of ballast for “agriculture, rural areas and farmers”. Han Changfu, Director of the Central Agricultural Office and Minister of Agriculture and Rural Affairs, said: “Ensuring national food security has always been the top priority in governance. The Central Committee has repeatedly emphasized that the Chinese people’s rice bowls must be firmly in their hands at all times, and the main contents of the rice bowls are China Grain. More than one billion people need to eat. This is our biggest national condition. It is easy for food production to decline but difficult to increase. Tight supply and demand will affect social stability and affect the overall situation. Years of experience have shown that the more complex the economic situation, It is more important to stabilize agriculture and food.”
This year’s No. 1 document emphasized that ensuring food security is always the top priority in governing the country. Grain production must be stable, with stable policies, stable area, and stable output. Strengthen the assessment of the provincial governor’s responsibility system for food security, and the grain sown area and output of each province (autonomous region, municipality directly under the Central Government) in 2020 must remain basically stable.
The document also proposes to further improve agricultural subsidy policies, expand diversified import channels, and increase the import of agricultural products that meet domestic demand, including improving the Xinjiang cotton target price policy. The cotton-related content of last year’s No. 1 document was to consolidate cotton production capabilities on the basis of improving quality and efficiency. Comparing the two, it is found that the content of this year’s No. 1 document is more specific. Especially when the Xinjiang cotton target price is a link between the past and the future, it is of great significance to improve the Xinjiang cotton target price policy.
As we all know, the Xinjiang cotton target price policy from 2017 to 2019 has come to an end. This year’s No. 1 document proposed to continue to improve the Xinjiang cotton target price policy, reflecting the continuity of the Xinjiang cotton production policy. As for the specific price of Xinjiang cotton target subsidies in 2020, I believe that the release of the detailed rules will have a positive impact on the market.
In recent years, some cotton-growing areas in Xinjiang have piloted the “insurance + futures” model and achieved good results, playing an important role in stabilizing cotton production and ensuring cotton farmers’ income from cotton-growing. Last year’s No. 1 document proposed expanding agricultural catastrophe insurance pilots and “insurance + futures” pilots. This year’s proposal is to optimize the “insurance + futures” pilot model. Not only is the “insurance + futures” pilot model more optimized and better able to reflect the concept of serving farmers, but it also demonstrates the No. 1 document’s spirit of advancing with the times, being close to the market, and seeking truth and pragmatism. true color.
Based on the above analysis, the start of Xinjiang cotton production in 2020 is worth looking forward to. China Cotton Network will track and publish policies and market trends closely related to Xinjiang cotton production this year.
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