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 China
International Cotton Conference held on June
21-24, 2005 in Shanghai was the fourth
conference of a series of such meetings. The
theme of the 2005 Conference was "Experiences
and Lessons of the Chinese Cotton Marketing
Reforms since 1999 and the Implications of Doha
Round Negotiations for the World Cotton Market".
China Cotton Association (CCA), Research Center
for Rural Economy (RCRE) of the Ministry of
Agriculture (MOA) and the China National Cotton
Exchange (CNCE) organized the event. The
conference was held in co-operation with Food
and Agriculture Organization of the United
Nations (FAO) and China Cotton Textile
Association (CCTA). The conference was built on
the experiences of the three previous successful
events held in Xi'an in 1999, in Guilin in 2001
and in Jiuzhaigou in 2003.
The China International Cotton Conference 2005
included four main sessions. One focused on the
world's cotton and cotton textile market and
reviewed the latest developments in the sector.
Given the great interest in changes in
global
trade in textiles and apparel after the end of
the ATC, the second session assessed the
implementations and challenges of the current
WTO negotiations to the world cotton market. The
third session was designed to report on the
experiences and lessons of Chinese cotton
marketing reforms. China has undertaken reforms
in its cotton quality standard and inspection
system. These reforms have significant effects
on trade in world cotton as China imported
nearly one-third of world cotton last year. The
fourth session focused on the latest development
of the ongoing reforms and their likely impacts
on the world cotton market. An additional
business session offered an opportunity to
international traders to exchange information
with their Chinese counterparts. How foreign
firms can participate in Chinese domestic cotton
trade was introduced in this session and risk
management in cotton trade was also discussed.
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