China: inspection of imported cotton meets new regulations

Keyword: inspection, supervision, cotton suppliers, quarantine bureaus
Publish time: 10th April, 2013      Source: CCM
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  According to the No. 151 Decree of the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ), the Inspection and Supervision of Imported Cotton has come into effect since February 1, 2013. In addition, China divided the overseas suppliers into three levels, namely A, B and C on the basis of their credit quality, in order to manage them dynamically.
   
  With regard to A-level overseas suppliers, the sampling inspection of cotton should be carried out in the destination that the consignee declared for by local inspection and quarantine bureau of destination in accordance with the industrial standards enacted by the AQSIQ. As for B-level overseas suppliers, the cotton should be inspected more strictly with twice as the sampling amount in the destination of the consignee declared for. For C-level overseas suppliers, cotton should be inspected the most strictly with twice as the sampling amount at the port of entry by the inspection and quarantine bureau of destination.
   
  At present, inspection and quarantine bureaus in China are implementing the measure actively and recommend importers in China to try to choose A-level cotton suppliers, in order to effectively promote the trade of cotton import in China.

  The news above was sourced from AgriChina News Alert, which had been issued by CCM in March.

  Table Contents of AgriChina News Alert 1303:
  Crops
  China's trade deficit of agricultural produces hits USD4,240 million in Jan. 2013
  China's first agricultural insurance regulations take effect in March 2013
  Occurrence forecast of wheat pests and diseases in 2013
  MOA to better rice yield target
  China's first development plan for flower industry issues
  China forecasts insect pest occurrence to 366.7 million ha. in 2013
  State Council approves a construction plan for high-yield farmland
  Spot trading volume of cotton declines in February
  Chinese scientists map out the D genome of wheat
  Persistent drought strikes tea in Yunnan
  China formally sets up Agricultural Industry Development Fund
  Decreasing market purchase price of corn increases the temporary purchase volume of
  corn
  Agricultural means of production industry
  Urea daily on March 4
  Domestic enterprises gain 23 new registrations of pesticide active ingredient in 2012
  Qinghai Salt Lake Industry to produce one million tonnes of potassium chloride
  Jiangsu: 2012 net profit of major pesticide enterprises up by 31% YoY
  The top ten pesticide export enterprises in China
  CNDCA recommends a ban on the import of GM seed for staple food
  China pesticide sales up by 23% YoY in 2012
  China: USD79.62 million subsidies for primary processing of agricultural produces
  Liaherd Chemical expects a loss in Q1 2013
  Sinochem Group sign an agreement with Monsanto
  CNGC develops two new fertilizers
  Denghai Seeds expects a rising net profit in Q1 100%-150%
  Lanfeng Bio-chemical 2012 net profit down 29% YoY
  Salt Lake Industry performs well in 2012
  China formally sets up Seed Industry Development Fund
  Sanonda achieved USD16.7 million net profit in 2012
  Qingdao Hailir to get through environmental scrutiny for IPO
  Livestock & poultry industry
  The U.S. pork importer shall provide clenbuterol inspection report
  Pig purchasing price expected to fall again
  Shennong Agricultural Group to establish a sow nucleus farm
  Contract draft for egg futures issues with a threshold of USD796 at minimum
  Shunxin Agriculture: 2012 sales up but net profit down
  Tongwei’s pig feed factory put into production
  China may issue a program of pig purchasing and storage
  Nongcheng Investment finances with equity pledge
  2012 Guangdong Dahuanong sees a growth in both its revenue and profit
  2012 Huaying Agricultural sees revenue up but profit down

  Fishery industry
  China to restructure oceanic administration
  Shanghai Kaichuang' rise in tuna benefits with an increasing catch
  China COSCO plans to sell COSCO Logistics
  China suffers from countervailing duty investigation on shrimp in the U.S.
  Guangdong Dahuanong to set up fishery a bio-technology company

  Food industry
  China's new standard for pesticide residues in food takes effect
  Hangzhou Wahaha to invest in an overseas breeding base?
  CNCRC purchases corn actively
  Hunan Grain Group backdoor listing successfully
  Beijing: online shops might be prohibited to sell food and milk powder in bulk
  China to set up a general administration of food and drug
  Wuliangye to adjust its sales strategies
  China Grain and Logistics Corporation to be a subsidiary of COFCO
  Domestic market price of edible ethanol decreases in the past five months
  2012/2013 outlook of corn market in China
  Biostime advance to seek milk sources overseas
  Yurun Food' loss in 2012 blames its diversification?
  Andre Juice: 2012 sales decreased by 7% for over-reliance on exports
  Huiyuan Juice announces to expand its upstream business
  Milk powder's price ups in New Zealand but remains stable in China

  Macroeconomy
  ADBC plans to issue USD78 billion of financial bonds in 2013
  China's foreign trade up by 14.2% YoY in the first two months of 2013
  MOA announces 38 measures:agricultural subsidies amount to USD31.85 billion in 2013
  China: FDI up 6.32% in Feb. 2013

  The AgriChina News Alert, a daily online newsletter issued by CCM starting from February 2013, (previously a monthly publication issued on every 31st), offers timely news covering a variety of industries, including marine lives, stockbreeding, forestry and so forth.

  
  For more information, please visit http://www.cnchemicals.com.

  
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