Shortage Of Funds And Labor Shortage Of Fujian'S Textile Industry

With the increase in production and operation costs, the pressure on SMEs in China is particularly evident this year.

Financing, management, technology and many other problems have led to the unprecedented bottleneck in the development of small and medium-sized enterprises.

Quanzhou Feng Ying Garments Co., Ltd. is a typical private enterprise in Fujian Province, mainly engaged in garment export business.

"We are all foreign trade orders, mainly exported to the United Kingdom and Canada.

But this year is very sluggish, and exports have decreased by about 20% to 30%.

The company's director briefed reporters.

"The biggest problem now is capital and labor."

"The bank loan is quite convenient, but the credit limit is much lower than before," the official said.

Zhuang Yuejin, deputy director of Commerce Bureau of Jinjiang city of Fujian Province, also admitted that the tight monetary policy this year has reduced the sources of corporate credit funds, and some small and medium-sized enterprises have been greatly affected by the loss of bank credit support.

Under the background of tight money, the way of bank credit gradually declined from inter enterprise guarantee to physical mortgage loan, and the credit line was further reduced, coupled with the pressure of domestic and international economic situation, and the speed of capital flow between enterprises slowed down.

Labor shortage is also a common problem in Quanzhou's small and medium-sized enterprises.

"There are too few workers.

Mainly, many factories have moved to Jiangxi and Jiangsu now.

Because some workers came from there, so some workers did not come down for convenience.

And now the workers want to be their own boss, so they bring the people they bring home to work in their factories temporarily leased.

The official also said that there were no obvious preferential policies for the government, and there were quite a variety of taxes.

When asked about the impact of the export tax rebate rate adjustment on them, the official said that the export tax rebate rate adjustment will theoretically alleviate the pressure to a certain extent. However, due to many factors such as the appreciation of the RMB and the substantial increase of raw materials and labor costs, the impact of the export tax rebate rate adjustment on their company is not obvious.

(Yan Qin)

Qingdao's financing difficulties test small and medium textile enterprises

The Ministry of Finance and the State Administration of Taxation recently issued a notice that since August 1st, the export tax rebate rate of some textiles and clothing has increased from 11% to 13%.

In recent months, textile and apparel industry, which is constantly valuing valuations, has finally welcomed the good news.

However, many challenges still test the development of small and medium-sized textile enterprises in Qingdao.

The export tax rebate increased by two percentage points, which means that the struggling textile enterprises can increase profit margins by 1 to 2 percentage points.

"Don't underestimate the profit margin of these one or two percentage points, and some enterprises may be rescued from the" ghost gate ".

The head of a trading company said.

According to the reporter, in the first half of this year, Qingdao clothing exports 1 billion 630 million US dollars, textile exports 870 million US dollars, and the annual export of textiles will reach US $5 billion.

Roughly estimated, the tax rebate increased by two percentage points, which will increase the income of Qingdao textile and garment export enterprises by 700 million yuan, and alleviate the cost pressure of enterprises.

However, the head of a textile enterprise in Qingdao said in an interview with reporters, "this measure is mainly helpful to export oriented enterprises, and for those enterprises that are mainly domestic based like them, the benefits are not great."

The official told reporters: "this year, this enterprise has been facing a great test.

The tight monetary policy of our country makes it difficult for us to borrow money from the small businesses. The appreciation of the renminbi, the rising cost of raw materials and labor and other factors also make textile enterprises live in a stormy day.

According to statistics, the profit of the entire textile industry is only 0.0% this year.

Experts said that the main purpose of regulation and control of textile and clothing is to adjust the industrial structure of textile and clothing and improve the technical content of the textile and garment industry.

However, the responsible person told reporters: "enterprises also hope to adjust the product mix of enterprises and increase the added value of products. However, capital shortage and financing difficulties make it difficult for enterprises to take effective action, which in turn restricts the competition of enterprises and forms a vicious cycle."