Posted by: inf119 on: May 19, 2012
Point of view: quantitative analysis showed that, in the long run, investment, exports and economic growth in China there are only long-term equilibrium relationship, investment and exports have a positive role in promoting economic growth elasticity of exports to economic growth in China, exports for each additional one percentage point to economic growth by 0.8150 percentage points; domestic investment for every one percentage point increase economic growth by 0.4994 percentage points. This fully demonstrates China’s economic growth has capital dilated “and” export-oriented “features.
Point of view: the near future, in order to prevent the decline in the domestic economy, China has introduced many initiatives to stimulate exports and encourage imports. For example, export tax rebate rate three times in August this year, in early November and early December. In early December, will cut export tariffs on some commodities. Is in a financial “winter” in Chinese export enterprises are generally process-oriented enterprises, through the long winter, is no small challenge. The enterprise itself to strengthen its management to enhance innovation, to change the product mix, hard skills, and changes in the international market, to change the marketing strategy to change the marketing object.
By less than the impact of external demand in 2008 China’s textile industry, the decline in exports serious. Recently, the State Council executive meeting examined and approved in principle the textile industry adjustment and revitalization plan, the planning focus to diversifying export markets, the stability of the international market share. China Textile Industry Association vice president Xu Kun, said in an interview with China Economic Net reporter, textile and garment exports in the next three years is likely to maintain an average growth rate of 8%.
Posted by: inf119 on: May 19, 2012
In this regard, Zhang Liqun, a research fellow of the China State Council Development Research Center, September rebound of the PMI index, reflecting the fall of China’s economic growth may not be very deep. In fact since July drop of economic growth, macroeconomic policies targeted fine-tuning, since July, continued strong domestic consumption, investment growth is generally stable, and foreign trade exports did not decline significantly. On this basis, the policy of the enterprise is to increase efforts to support SME development, business transformation and upgrading activities are more active. These have contributed to stabilizing economic growth, rather than continue to decline. The August Olympic Games as part of enterprises to stop production, may have had an impact on economic growth from September’s PMI index is expected that the downward trend of economic growth may be coming to an end. Of course, you also need to make a final judgment according to the economic growth data for September.
Manufacturing PMI is a composite index, in accordance with international common practice, weighted formed by the five main diffusion index. The PMI index is usually more than 50 percent, reflecting the overall economic expansion; less than 50 percent, 50 percent reflecting the economic recession.
Posted by: inf119 on: May 18, 2012
Fellow of the National Development Research Institute, Peking University economist Xue Zhaofeng, the country’s financial policy on the formation of small and medium-sized private enterprises in both the attack: First, to promote the introduction of inflation, resulting in soaring operating costs of small and medium enterprises; two banks financing policy is rigid, resulting in small and medium-sized private enterprise financing is very difficult.
, General manager of Guangzhou City, Yi Feng Auto Parts Manufacturing Co., Ltd. Chenming Guo said, on the one hand the money on hand enterprises do not produce, do Co., to slow money, make money easy money small business owners make money, not money reinvested in the Industrial, but to speculation in futures speculation. On the other hand, some can not melt into the financing of SMEs to civil borrower, but high enough to interest even the profits are “eaten” by the business more difficult or even bankruptcy.
The Yangtze River Delta region, Shanghai and Zhejiang Su as well as the province’s Pearl River Delta region is a relatively dense region of the SMEs in China, they have created a miracle, “Made in China” now, but generally facing an unprecedented dilemma.
Posted by: inf119 on: May 18, 2012
“The current problem is not the survival of SMEs in Guangdong, but in the development of how to speed up transformation and upgrading, or that the companies ‘growing pains’.” Small and medium enterprises in Guangdong Province, Deputy Secretary, George Ho-yin, in Guangdong Province last Friday Information Office held a conference of economic operation, categorically denied “closures”. The same conference, Vice Secretary of Guangdong Provincial Bureau of Statistics Caiyun Ge “closures” that there was no basis.
Guangdong in the process of economic transformation in the end what? How to treat the current difficulties and the way out of the Guangdong enterprises? Nanfang Daily today launched the “Guangdong’s economic transformation of the investigation,” a series of reports from the death and life “,” change “, today and Tomorrow, “the three angles to explore the pain and the truth behind the restructuring of Guangdong enterprises.
Compared with previous years, this year, small and medium enterprises facing multiple pressures of history has not. One of the most sad and worried, or “money”. Pearl River Delta, some business executives told this reporter that the bank SME financing interest rates go up 3% to 70%, but still a drop in the bucket thwarted at every turn, private borrowing costs soared to a monthly interest rate of 7 to 9 minutes or so, part of loans interest rates up to 100% funding strand breaks is becoming overwhelming SMEs last straw.
Posted by: inf119 on: May 17, 2012
Dongguan, a shoe boss told reporters the PRD loan shark, rarely, the Cantonese do not dare borrow the loan sharks. Most of the people around me to rely on their own primitive accumulation. ”
Capital operation of Wenzhou and the Yangtze River Delta companies stronger, but this is a double-edged sword in the bad economy, high debt ratio will be problems. “Guangzhou City, the private economic development, vice president of Peng Peng said.
In addition, sources of funding in the Pearl River Delta manufacturing, Taiwanese, Hong Kong and other foreign capital accounted for a large part of itself have strict requirements on borrowing.
With the financial crisis spread to the real economy, examples of similar co-jun may be more and more. If the RMB appreciation, rising raw material costs, labor costs increase the three factors of small and medium enterprises have been closed down, then the triple pressure of the financial crisis, the scale of enterprise is also facing a “Sheng Sijie.
Posted by: inf119 on: May 17, 2012
The private enterprises in Wenzhou boss frequently “on foot”, to some extent also reflects the difficult living environment for SMEs. However, in contrast, developed private economy in the Pearl River Delta but no similar phenomenon.
The experts pointed out that the solid economic fundamentals in the Pearl River Delta and Wenzhou, the two entrepreneurs attitude is also very different, the private lending market in Guangdong, the PRD is a small private enterprises on foot tidal probability. However, should inflation high fever, continue to tighten monetary policy, Guangdong appears the possibility of private enterprises on foot tide does not does not exist.
Extraordinary, director of the Guangdong Provincial Academy of Social Enterprise Management and Decision Science Institute Lin told reporters, “on foot” phenomenon in every place, Guangdong most sporadic volatility and impact.
Many experts and entrepreneurs interviewed said that the PRD is the reason why the situation is better, with its own model of development, especially the sources of funding model has great relevance: the Wenzhou enterprises highly dependent on the private lending market financing to support its own development; while PRD is mostly dependent on the accumulation of their own, although the pace of development is slower, Industrial foundation more solid.
Posted by: inf119 on: May 16, 2012
Wenzhou the TTN factory is a microcosm of many export enterprises in China, when the economic downturn in Europe and the West, efforts to open up new markets. TTN new factory orders the total value of $ 3,000,000, which proves more optimistic than investors expected, the prospects for China’s exports.
Li Jian of the Chinese Ministry of Commerce, International Trade and Economic Cooperation Research Institute researcher, said: “The overall situation is not so bad as some people expected the economic downturn in Europe, but the market does not collapse after the 2011 earthquake, Japan needs to import goods reconstruction, the U.S. economy is recovering. “said Li Jian, 2012 China’s import and export is expected to double-digit growth.
Gradual transformation strategy
China is changing trade policy: to reduce dependence on traditional markets such as EU, U.S. and Japan, looking for emerging markets such as India and Russia. This requires China to increase exports to emerging markets, an increase of 5 percentage points by 2015. China’s export growth target is an annual increase of 10%, which means that the added value of the exports of emerging markets to reach $ 125 billion.
Posted by: inf119 on: May 16, 2012
Because of this tiny place, “gathered dozens of large and small clothing bags wholesale market and commodity market, thousands of products in this distribution, once the fire, the consequences could be disastrous. If there is a fire, the fire department frequently have to mobilize multiple squadrons rushed to the scene. Near the Zhengzhou Railway Station 2005 Friendship Road, knitwear wholesale market burst fire, killing 12 people, more often touch people’s nerves.
In fact, the wholesale market gathered in Zhengzhou railway station, in addition to a larger fire hazard, there is also the population is too dense, chaotic traffic jams, poor law and order health many problems. In this regard, the users suggested: “whether the relocation of the wholesale market of the railway station area?”
[Phenomenon]
Zhengzhou Railway Station, the wholesale market “get together”
Yesterday, the reporter found in the Zhengzhou railway station interview, here is the well-deserved “wholesale gathering circle”, where in addition to the aggregation of silver-based Trade City, Mart, the Jinrong apparel City, Fashion City of Tian Rong, Sheng and knitting wholesale market. Qiantang city clothing, Friendship Road, garment wholesale center, clothing wholesale market, as well as Court Ling mall, market Henan gold forest, the transit market, Central Plains shopping malls more than 10 large and small commodity market.
Posted by: inf119 on: May 15, 2012
Shanghai country endowment appoint solid advance national endowment layout industry contraction, this year has completed 9 industry contraction task.To 11 end, whole town timber processing, stationery and sporting goods manufacturing industry, leather industry, paper and paper products industry, furniture manufacturing industries 9 national layout contraction task has been completed, involving a total of 13 group 47 enterprises of the total assets of 3955000000 yuan, overfulfiled year predetermined contraction of the 7 industry goal.
Main practice:
One is to increase the administrative promotion, industry contraction into 2010 enterprise performance appraisal, clear assessment index and requirements, implementation of the relevant supporting policies.
Two is to 13 groups according to the “three projects”, “five does not publish” requirement, i.e. industry contraction scheme and social stability risk prevention, personnel placement supporting policy, risk control is not strong, not published work team fails to establish the introduction, work scheme does not perfect introduction, difficult worker practical problems unresolved introduction, policy capital did not fulfil the introduction, study seriously adjust exit the industry situation, make industry adjustment programme of work, specific adjustment exit enterprise exit and timing.
The three is to pay attention to “Three Combinations”, namely: the adjustment of industrial structure and working together, with “retreat” to have “into”, gradually withdraw from the national endowment does not have competitive advantage of industries, gathering resources, accelerate the entry and foster strategic emerging industries, advanced manufacturing industry and modern service industry; and open market restructuring the combination, not of all, but seek a seat, with open market restructuring, attract private enterprises and foreign enterprises and other types of capital in national endowment does not have the comparative advantage industries and enterprises of the reorganization; and exert oneself solves main and auxiliary stripping, shell clean-up enterprises, level compression of historical bequeath problem combination.
Posted by: inf119 on: May 14, 2012
Hongqiao District alley in a shoe city the day before yesterday morning, a number of shops on fire, the fire spread rapidly, and smoke the sky is filled with over the road. Dozens of fire trucks rushed to the scene to fight the blaze, a large number of shoes were burned in the fire, no casualties.
Morning 7:30 Xu, alley theater Street roadside shops caught fire, the fire quickly outside the steel-framed structure building engulfed, signs, etc. have all been burned, only a basket case. A short time the flames spread to the surrounding shops, the color plate on the second floor has also been blackened, not large over the road is full of black smoke, the fire, and then some alarm.
Due to the rapid spread of fire, smoke, the fire department after the alarm quickly sent fire engines rushed to the site of disposal, police and security personnel in the field alert, traffic police on some sections of the limit line. The Shoes City to the small south tower Footwear Shoes City is next to the building and the building part of the house the first floor of the two shops on fire after ignition. Firefighters braved the smoke, carrying a breathing apparatus, were set up two pull-up ladder in-depth internal fire fighting from both sides. Even a total of three layers, which businesses mostly operate shoe wholesale, find, firefighters found no trapped casualties. Approximately one hour after the fire was extinguished.