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    Collapse Of Enterprises In Yangtze River Delta In China

    2008/7/15 0:00:00 45

      

    Half stop production, shut down and close down have become the dilemma faced by many enterprises in the Yangtze River Delta this year.


    Jue brook in Ningbo gathered a whole knitting industry.

    industry

    Chain, a town in Xiangshan less than 32 square kilometers, provides processing services to 30 top brands in the world. This tiny place has gathered more than 500 factories.

    As of the end of June, there were more than 100 enterprises to stop production, and this figure is still expanding.


    "This year is a year for small and medium-sized enterprises to save their lives."

    Zhejiang

    A local cadre admitted in an interview with reporters that, influenced by factors such as the US economic recession and macroeconomic regulation and control, a large number of small and medium-sized enterprises in the Yangtze River Delta region have been struggling to survive. Some new enterprises have "no rice under the pot", and some small and medium-sized enterprises are experiencing an "abnormal collapse" phenomenon.


        

    Dangerous situation


    The phenomenon of "abnormal bankruptcy" is frequent.


    "Many bosses ran away."

    Around February this year,

    Zhejiang

    There is such a rumour in Jiaojiang District of Taizhou.


    According to the local government's monitoring of Enterprises above Designated Size, there are 7 enterprises' "abnormal failure" and the boss's "run away" phenomenon.


    "The annual sales revenue of these enterprises is more than 100 million yuan, and the small ones are tens of millions of yuan.

    After the owners fled, the salaries and payments owed were not counted, and the liabilities of the light bank were about 40000000 yuan, and the social impact was very bad.

    An economic researcher in Taizhou said.


    A knitted enterprise of Jue Xi Ying Hai Road in Ningbo can imagine the once busy traffic. Now there is only one gatekeeper. "The boss has already run away this year, and the workers are all disbanded."


    Reporters interviewed found that the business was suddenly shut down due to its business failures.

    Shanghai

    ,

    Jiangsu

    ,

    Zhejiang

    There is no shortage of examples.

    "Among these batches of enterprises, one is a high degree of dependence on banks, and the two is labor intensive enterprises. It is expected that the situation in the second half of this year will be even more severe."

    This is what professionals in the relevant economic sectors of Taizhou say.

    Xie Jubao, chairman of the Wuxi yDo group, believes that it is not yet the most difficult time yet. Due to the lagging effect of the policy, this round of regulation will not reach the bottom until next year or even the next year.


        

    dilemma


    A layman's "sudden rise" is competing for a meal.


    "Investing in the head" is also an important reason for the frequent failures.

    The tight macroeconomic environment is an important reason for the "abnormal collapse" of enterprises in the Yangtze River Delta, but the blind investment of some enterprises in the early stage of the industry is also "hard to blame".

    The refrigerator manufacturing industry, which is called "completely relying on low price to make the market", is one of the typical representatives.


    In Cixi, Ningbo, one of the three largest household appliance manufacturing bases in 2005, many enterprises began to put into operation the refrigerator industry. "Only to devote themselves to making money, there is no way to think of the development prospects of enterprises. In 2007, when the boss talked about the dinner table, he went to the fridge.

    industry

    "

    A person familiar with the matter told reporters that the boss was raising rabbits. "Even the rabbits have gone to the refrigerator production line".


    Last year, many of the enterprises involved in the refrigerator industry were "outsiders", who had never set foot in household appliances.

    industry

    All of the companies were involved in the most profitable refrigerator manufacturing industry at that time.


    In Ningbo Cixi Economic Development Bureau has published data, Cixi refrigerator output in 2007 exceeded 500 million units, by the end of 2007, Cixi engaged in refrigerator production of about 50 enterprises, equipment investment more than 100 million yuan, in addition to more than 10 enterprises have involved in the field of intention.


    "Sudden emergence" has been used to describe the courage and impulse of many enterprises to invest in the refrigerator industry at that time, but this impulse has stopped in the 2008 year. Now, there are no more than 10 enterprises that can receive single refrigerators.

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