March 29, 2024

The Difficulty of Stopping Work in Small and Medium-sized Clothing Enterprises Aroused State Council

Soft landing is our unrelenting pursuit. A hard landing is the embarrassment we often face. A big question mark: Will the Chinese economy hard-landing in the second half of 2011?

According to the latest report from the media, under the pressure of rising costs, some small and medium-sized garment enterprises in Zhejiang, Guangdong, and Jiangsu have already seen a half-time suspension and work stoppage. On the 21st, "Guangzhou Daily" reported that "the majority of garment factories in Guangdong are in a semi-discontinued state, the streets reproduce 1 yuan clothes," "in trouble, not just the clothing manufacturing industry, as well as the footwear industry."

What matters is: Is this merely an accidental phenomenon or is it a common cause?

According to the “Economic Observer” report, “On May 4, the Ministry of Industry and Information Technology issued a notice requesting all provincial and municipal authorities to carry out a survey on the financing situation of SMEs. Before the 15th, the investigation report will be reported to the Ministry of Industry and Information Technology.” Based on time projections, reports from various regions have been Summarized to the Ministry of Industry and Information Technology.

At the same time, the plight of small and medium-sized garment enterprises has also caused the attention of the All-China Federation of Industry and Commerce. Previously, they had spent more than two months systematically investigating 16 provinces including Guangdong, Zhejiang, and Jiangsu. The results showed that the situation of SMEs, especially small and micro enterprises, may be even more difficult than in the global financial crisis of 2008. It is reported that this research report will be reported to the State Council.

The Ministry of Industry and Information Technology and the All-China Federation of Industry and Commerce are in close contact with enterprises. Their sense of touch should be sensitive and reliable. We believe that their basic judgment is that the situation of small and micro enterprises may be more difficult than that of the 2008 global financial crisis. In 2008, the problems faced by small businesses were relatively simple, that is, external demand plummeted and orders fell sharply. The causes of the “collapse” of small companies currently under development are more complex: not only reduce external demand, but also face complex factors such as rising prices of raw materials, rising wages, shortage of employment, appreciation of the currency, competition in neighboring countries, and shortage of electricity. difficult.

The suspension and semi-cessation of small enterprises in the southeast coastal areas are still at an “increasing” stage, and they are still less than the level of the “frenzy” of the “mass collapse,” so many people have not paid enough attention. For example, the central bank is still busy with containment of “hot money” and is obsessed with “the most comfortable interest rate level”. Raise the deposit reserve ratio roughly once and again, and lack the necessary understanding of the severe survival situation of SMEs. Not only that, the plight of small businesses may even make them feel fortunate in the future: Thanks to the bank's bias toward limited investment in dominant companies, if they invest in small businesses, they do not know how much bad loans will increase.

However, the financial system is still full of people. The China Banking Regulatory Commission (CBRC) Liu Mingkang stated at the "2011 Lujiazui Forum" that commercial banks must embark from the traditional development model of "big money" and "great bankers" and must strictly adhere to the bottom line of credit concentration and pay more attention to small businesses and Micro-enterprise financial services. Unfortunately, Liu Mingkang is not the Governor of the Central Bank.

After the world financial crisis in 2008, 4 trillion yuan of investment saved the collapse of small and medium-sized enterprises; if we reproduce the collapse of that year, could we still use similar investment of 4 trillion yuan? Dare to use it? do not know. What we are aware of is that with the increasingly severe situation of SMEs, this issue will surely draw attention from above and below.

Brooch

Rhinestone Brooch,Gold Brooch,Fashion Brooch

Fashionme Jewelry Co., Ltd. , http://www.cn-jewelryset.com