This is the amendment to the original 'Interim Measures for the administration of cotton procurement processing market'. Although cotton procurement qualification cognizance is eliminated, the buyers will have to shoulder the obligations of clearly marking low price and purchasing cotton against the state standards and technical regulations.
To raise the threshold of processing qualification will help to curb blind expansion of cotton processing capacity and to unify the identified procedures of cotton processing eligibility in accordance with the relevant provisions of Administrative Licensing Law.
Fibre2fashion, News Desk - China
marketing@alchempro.com
