Cotton trading market in Qingdao Free Trade Zone   

  2005 October, Qingdao free trade zone approved by the Qingdao City Hall, initiated and organized the cotton trading market in Qingdao free trade zone. Zone CMC market management office responsible for market management and operation of the supervision and coordination of the relevant aspects of the. In December 8, 2005, the establishment of the Qingdao Free Trade Zone cotton exchange market Co., Ltd, responsible for the specific operation of the market. The company is from Shandong Tianxin economic and trade development company and Qingdao World Modern Logistics Company Limited is jointly funded and set up. Cotton trading market in Qingdao Free Trade Zone in the "business of imports cotton based, supplemented by the internationalization of domestic cotton, built a large spot supermarket business ideas for the direction of development", based on its location and policy advantages of Qingdao port and free trade zone. At the same time the market independence has a large warehouse logistics park, internal standard cotton warehouses are public bonded warehouse, for the domestic cotton spinning enterprises effective exemption of import cotton price fluctuations brought about loss

The import of cotton