Mr. Zhang met with Tanzania Cotton Board Delegation headed by Dr Jose C B, Director General of the Tanzania Cotton Board in 27th Nov, 2006. During the meeting, Mr. Zhang made a brief introduction to CCCT first and then he talked about the Chinese cotton industry. He told the delegates that China ranks No1 in the respects of cotton production, consume and import business in the world. The cotton planting area in China in 2005/2006 season covered 80 million mu with the output reaching 6.35milliton, which has set up a historical record.
He added that China imported 3.29million ton cotton in the past nine months, 78.3% up compared with the same period of last year. As for the cotton import sources, America remains first, following by India and African countries are also the main sources of China( the detail is on the table ).
Mr Zhang pointed out that Tanzania is one of the major cotton exporters, ranking 12th among China top 20 imported sources of cotton in Jan-Sep.2006. China has imported 28.7thousand ton cotton from Tanzania in Jan-Sep, 2006 ,144% up compared with the same period of last year and the Chinese cotton market remains great potential for the Tanzania cotton merchants in the 2006/2007 season..
During the meeting, Mr Dr. Jose C.B told Mr. Zhang that the Tanzania Cotton Board, a government organization is responsible for the regulation and promotion of the cotton industry in Tanzania. Cotton is one of the major exporting products in the country. The Tanzania government wants to export more cotton to China so as to obtain more foreign currency. In the past years cotton trade between Tanzania and China has been transacted through international cotton merchants and there is no direct link between Tanzania and Chinese businessmen up to the present. It is urgent to establish the direct trade relationship in the coming year, which is the main purpose of the business trip in China.
Mr.Jose stressed that they export 80% domestic cotton because there are few cotton textile manufactures in Tanzania. In order to promote cotton industry and export, the government has established a cotton developing fund to help farmers, promote cotton export and organize activities involved in cotton business.
He sincerely hope that China could import more cotton from his country next year since China is the largest cotton importer in the world. He warmly welcome Mr. Zhang to organize a Chinese cotton trade delegation to visit Tanzania and he would like to support the delegates during their staying in his country. Mr. zhang extended his thanks to Mr. Jose and said that he would consider his suggestion seriously.
After the meeting, the chamber organized a business talk between the delegates and the Chinese merchants from China National Cotton Group Corp, China National Cotton Reserves Corp and China Cotton Industries. LTD. |
