China National Cotton Group, one of the leading players in the country's cotton industry, has set up North China's largest cotton storage base in Weifang city, Shandong province.

Warehouses at the base have a total storage capacity of 100,000 metric tons and to date have stored more than 20,000 tons of state reserve cotton, according to the company.

It said it plans to expand the base to double its storage capacity, with a commodity handling capacity as high as 500,000 tons, making it the largest cotton storage base in China.