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Changing shoes capital chain experts to crack the black curse

Changing shoes capital chain experts to crack the black curse

Classification:
Industry dynamics
2019/05/11 16:10
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[Abstract]:
[Reuters]internationalfootwearinearlyJuneofthisyear,Wenzhoulocalwell-knownenterprisessuchasnewsofthecollapseofthebombexploding"oneafteranother,alargenumberofsmallandmedium-
[Reuters] international footwear in early June of this year, Wenzhou local well-known enterprises such as news of the collapse of the bomb exploding "one after another, a large number of small and medium-sized enterprises in Wenzhou rumors collapse" spread like wildfire. Following the Pearl River Delta in 2008 "closures" after a lapse of three years, the Yangtze River Delta discovered "closures" is "a ripple". The news came out, the local government departments to immediately respond to rumors. Yesterday, the people's daily also joined the fight back camp, the author argued that the boom index of Zhejiang's private economy is still running high, 64% companies want to invest in emerging industries, SMEs are not now bankrupt". The collapse of the trend of words struck again, apparently closely related to the economic situation. The collapse of the trend three years ago is concentrated in the Pearl River Delta, and the rumor points to is the Yangtze River Delta, in addition, the previous trend of words is reason for the collapse of financial crisis, the export market to shrink, and the collapse of the trend of the reason is short of tight monetary policy, perspective, changing the pattern of development of the financial industry, promote structural adjustment and reform and innovation, improve the level of financial services for small and medium-sized enterprises, the financing problem of small and medium-sized enterprises take measures to ease. Some economists yesterday in an interview with Nanfang Daily reporter, said the rumors hit the Yangtze River Delta and the Pearl River Delta, which also reflects the current structure of China's economy and the economic cycle is different from 2008. On the one hand, the policy from the width of the tight, on the other hand, exports have rebounded, the lack of domestic demand has become a key factor hindering economic development." Rumors of "closures" across the Yangtze River Delta's three group, Jiangnan leather, Zhejiang tiansn electronic collapse, restaurant chain Portman restaurant boss Yan Qin as a couple "go abroad", educational institutions Sicily Education Service Co. Ltd. also suddenly put up the shutters...... For a time, Wenzhou and Jiangsu and Zhejiang SMEs encounter "rumors closures" Sheng clamor, the Jiangsu and Zhejiang has been the most active area in China private economic reality somewhat misfits. Although there are no official data show whether Wenzhou or Zhejiang how many small and medium-sized enterprises have closed down or hovering at the edge of bankruptcy, but in the domestic macro tightening and double squeeze peripheral market downturn, many small and medium-sized enterprises have "serious difficulties" is an indisputable fact. Wenzhou's official survey showed that in the first quarter of this year, Wenzhou engaged in glasses, lighters, pens, locks and other exports of the 35 major corporate profits fell by about 30%, the loss of more than 1/4. In June, a sample survey of enterprises in Wenzhou showed that the funds are tight enterprises accounted for 42.9%. It is understood that the small and medium enterprises in Jiangsu and Zhejiang are facing a lot of pressure to survive, in which the credit shortage, recruitment difficulties, the appreciation of the renminbi, the surge in wages and energy conservation and structural adjustment is a prominent problem. In Zhejiang Province Bureau of industry and Commerce tracking monitoring of 2600 private enterprises, 69.65% of companies said the purchase price of raw materials compared with the same period last year, a significant increase, and 31% of enterprises believe that the current high cost of financing. Some entrepreneurs and officials in Wenzhou have lamented that the business is far more difficult than the 2008 financial crisis. Longwan District of Wenzhou leather manufacturers Liu Qiu said, "everyone is very nervous, struggling to hold, bite tight teeth withstand." Wenzhou SME association president Zhou Dewen said that if monetary policy continues to tighten, private lending interest rates continue to rise, then there will be more in the second half of Wenzhou small and medium enterprises will fall in the capital chain. It is reported that if the external environment and domestic economic policy direction in the second half of this year has not changed, Wenzhou 40% SMEs in the end of this year will be in a semi shutdown state. There is no data to support the rumors related to the rumors issued, and soon there will be an echo. At the beginning of June, Wenzhou, the local banking regulatory bureau official said, the investigation group composed Chinese CBRC and SME Bureau of Zhejiang Province, the preliminary view that small and medium-sized enterprises "closures" is "not stand". Wenzhou NDRC official said, although there are some small and medium-sized enterprises closed predicament, but compared to 200 thousand private enterprises in Wenzhou large base, a few enterprise capital chain collapse things within the normal range. There is no evidence to prove that small and medium enterprises into a collective collapse. Guotai Junan chief economist Li Xunlei in an interview with Nanfang Daily reporter, said, as far as I know, some companies have a bad day is a reality, but there is no large-scale collapse. And medium-sized enterprises and small businesses must be separated, compared to small businesses, medium-sized enterprises have closed down less." While following the Zhejiang province Industrial and Commercial Bureau released "index of the province's private enterprises to respond to the two quarter report" "closures", "people's Daily" yesterday "to the private economy in Zhejiang is not" closures "once again denied the rumors. Zhejiang province Industrial and Commercial Bureau report pointed out that the two quarter of this year, Zhejiang private business climate index was 110.22, the seven quarter to maintain a healthy running high in the range of 110 or more, far higher than the minimum value during the financial crisis in 2008 89.46. Reporters from the official website of the Wenzhou municipal government found that in the first half of this year, Wenzhou's overall economy to maintain.
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