ANNOUNCEMENT 31 Aug 2020
August 31st, 2020 - The Chinese government announced a reduced non-state cotton import quota for 2020.
NUMBER OF INTERVENTIONS
PRC National Development and Reform Commission, August 31st, 2020. (中华人民共和国国家发展和改革委员会 公告 2020年 第5号)
Alternate link from China Credit Liaoning Province:
On August 31st, 2020, the Chinese National Development and Reform Commission (NDRC) announced its supplementary cotton import quota for the year in NDRC Announcement 2020/5 (hereafter, 'Announcement').
The supplementary quota of 400,000 tonnes is allocated on top of that obligated by the WTO of 33% of national production (894,000 tonnes).
While the announcement in question concerns a 'supplementary' quota, the equivalent announcements from 2018 and 2019 were for quotas of 800,000 tonnes - 2020's Announcement therefore represents a comparative reduction in the quota.