China National Cotton Reserves Corporation is assumed with the overall responsibility for the management of the state cotton reserve from the State Council. It is the company’s responsibility to manage the purchase, sale, storage, transportation, ginning and rotation of state cotton reserves. According to the regulating plans from the central government, CNCRC is responsible to carry out a series of operations on the market through the third party’s online exchange platforms. To implement its mission, CNCRC has established a highly efficient storage system with top rank equipments and an professional and competent staff team. Besides, CNCRC always put the safety of state reserve the top priority. Thus, CNCRC is honoring its goal of making state reserve “well stored and efficiently rotated”.

With the deepening of reform on cotton circulation system, the operation and management of state cotton reserve will be totally worked out through market means by CNCRC in the future.