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Industry News | Time:Oct 14 2016 8:06AM
China sets 2017 import quotas for cotton
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According to National Development and Reform Commission, 894kt of WTO-related tariff quotas on cotton will be allocated in 2017, and about 33% of quotas are given to state-owned enterprises.

Market participants will apply for the quotas from October 15-30 and need to meet one of the following eligibility criteria:
1. State-owned enterprises.
2. The enterprises have import performance (excluding import agent) in 2016.
3. Cotton textile enterprises with spinning capacity above 50,000 spindles.
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