PR96956

BEIJING, July 12, 2022 /PRNewswire=KYODO JBN/ --

The Xinhua-Kelan Cashmere Goat Price Index (https://en.imsilkroad.com/exponent)

was released on Wednesday in Kelan County, north China's Shanxi Province,

aiming to boost the high-quality development of Kelan cashmere goat industry.

As the first cashmere goat price index (https://en.imsilkroad.com/exponent) in

China, the index comprehensively and objectively reflects the price information

of all links of Kelan cashmere goat industrial chain, provides pricing

reference for the market, and boosts the revitalization of characteristic

industries with digital tools.

Located in the northwest of Shanxi Province, Kelan County has unique advantages

in developing goat raising industry. Over the years, Kelan has gradually formed

a cashmere goat processing system integrating leather, wool, cashmere and meat

production.

By the end of 2021, Kelan County had raised nearly 660,000 goats, including

550,000 cashmere goats, with 136 tonnes of cashmere and 306 tonnes of wool

having been produced. The annual output value of goat industry reached 252

million yuan, accounting for 60 percent of the total output value of local

animal husbandry.

Jointly developed by China Economic Information Service (CEIS) and the

government of Kelan County, the index is expected to objectively reflect

industrial development trend and improve market circulation efficiency, which

will be of great significance to the goat industry development and

decision-making departments.

The index is an important opportunity for Kelan County's agricultural

high-quality transformation and upgrading, as well as a major measure for

industrial revitalization and animal husbandry development, which will have a

far-reaching impact on the development of the local goat industry, said Meng

Hongbin, secretary of Kelan county committee of the Communist Party of China

(CPC).

The goat index will guide the market to circulate more smoothly, promote the

better dissemination of brand value, accelerate the digital transformation of

the industry, and achieve high-quality development of the local cashmere goat

industry, according to Zhang Zhaoxin, researcher of the Research Center for

Rural Economy (RCRE).

CEIS is an economic information provider under Xinhua News Agency and boasts

multiple key information service platforms such as the Xinhua Finance, Xinhua

Silk Road (https://en.imsilkroad.com/), Xinhua

Credit(https://en.imsilkroad.com/exponent), and Xinhua

Indices(https://en.imsilkroad.com/exponent). Xinhua Indices provides

comprehensive indices compiling, releasing, operating and promotion services.

Source: Xinhua Silk Road

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