The information center of China Cotton Reserves Corporation has signed an agreement with Globecot Inc. from US to jointly develop web sites on cotton information both in Chinese and English versions and an international cotton index disclosure system.

The purpose of the web sites is to give domestic and foreign enterprises in cotton related industries an access to real-time and comprehensive information on cotton and textiles in the world market. This will also promote the information sharing between China's cotton industry and its world peers.

Businesses will find the real picture of prices of world cotton trade from the international cotton index disclosure.

By People's Daily Online