Research On The Path And Countermeasure Of Cotton Production And Operation In Xinjiang Supported By Agricultural Development Bank Of China

Xinjiang, as the largest cotton planting region in China, has a prodigious advantage in planting cottons. The yield and all other aspects of Xinjiang cottons occupy the first place all over China, which has done a great contribution to the development of Chinese cotton industry and textile industry. Agricultural Development Bank of China, as the agricultural policy-based financial institution, optimizes its services step by step to support the development of agriculture vigorously since it was established. The supporting areas of agricultural policy-based finance have extended step by step, now they have spread all over the cotton industry chains, and the supporting force has been promoting constantly. Agricultural Development Bank of China, Rural Credit Cooperative and the Agricultural Bank of China render varying levels of supporting to the different links of cotton chains, Agricultural Development Bank of China occupies a leading position in cotton’s purchase and intermediate links.This article mainly researches and analyzes the supporting situation that Agricultural Development Bank of China made to cotton industry, on which account to adjust and promote the service quality that Agricultural Development Bank of China made to cotton industry and to guarantee the security of its funds. The obligations of Agricultural Development Bank of China determine its service objects and service ranges. As the marketing situation changes constantly, exploring Xinjiang cotton’s production and operation path supported by Agricultural Development Bank of China is very important.This article introduces agricultural policy-based finance both domestic and abroad specifically from the aspects of concepts and theories, and these contents are distributed in the second and third chapter.The author works as a trainee in Agricultural Development Bank of China for 4 months. In the forth chapter of the article, the author summarized the current situation that Agricultural Development Bank of China supporting Xinjiang cotton industry in detail based on the author’s working experience, and then summarize the problems exist in the process that Agricultural Development Bank of China supporting cotton industry based on analyzing the current situations and thinking the faced problems.The content of fifth chapter is the establishment and adhibition of cotton market price index model. The prediction of cotton market price is in favor of guiding credit and loan job of Agricultural Development Bank of China, reducing credit risk and guaranteeing the security of its funds. And at the same time, predicting cotton price could adjust the economic behavior of related market entities, promote cotton enterprise efficiency and the enthusiasm of cotton planters as well as elevate the position of our country in international cotton market.In chapter six, the author puts forward the paths and countermeasures that Agricultural Development Bank of China supporting cotton industry under the base of the researches talked above.