In Response To The US Financial Turmoil, Export Textile Enterprises Have Their Own Difficulties.

An unprecedented financial crisis in the United States has plunged the global economy into a panic.

At present, the most terrible moment of the financial turmoil is over. People are generally concerned about the impact of the financial crisis on the real economy at home and abroad.

Can China be "independent" on the other side of the ocean?

In an interview with reporters in recent days, reporters found that for the US financial turmoil, China's two largest economic circle, the Pearl River Delta and the Yangtze River Delta export enterprises, are already preparing for the rainy day.

At present, in the Pearl River Delta, for some textile enterprises and toy enterprises, the financial turmoil in the United States is "worse than ever", not just a bolt from the blue.

A trade intermediary owner who often travels to Dongguan and Guangzhou reflects to reporters that the impact of the US financial turmoil on the export enterprises of the Pearl River Delta may be affected by some large enterprises. Small businesses are "small boats and good turnaround". This year, they have been gradually reduced to domestic sales.

And the boss of a small and medium-sized enterprise in the Pearl River Delta also reflects that, since the end of last year, many enterprises in the Pearl River Delta have been in a predicament because of the superposition of the cost of raw materials, the implementation of the new labor contract law and the reduction of the export tax rebate rate.

The recent outbreak of the financial turmoil in the United States has made some small and medium-sized enterprises even worse, especially in some textile and garment industries.

Moreover, because of the poor economic environment in the United States, some of the usual American businessmen who are trustworthy have also become untrustworthy. As a whole, the enterprises that are mainly exported to the United States are most affected.

The owner of the trade intermediary told reporters that the impact of the US financial turmoil on the Pearl River Delta enterprises is also divided into export countries and sub sectors, not all enterprises will be affected.

Specifically, the main export of goods to the United States will be the biggest impact on the industry, and from the industry, the textile industry and toy industry export enterprises are also the most affected.

"On the whole, business is much more difficult this year than last year, and the profit has been reduced by at least 30%."

The trade agent told reporters.

Compared with the Pearl River Delta, the response of some big enterprises in the Yangtze River Delta has been "significant" for the financial storm that broke out on the other side of the ocean.

The most obvious change is: Recently, many Yangtze River Delta enterprises have been tacitly reducing their weight.

Take Shanghai electric (Group) Corporation as an example, the company has reduced from hundreds of industries and about 200000 employees to 82 industries and 115 thousand employees.

Huang Dinan, President of the group, said that since 2004, the group has divestied 100 enterprises every year.

This year, the intensity is even greater. It is expected that 282 enterprises will be stripped, and enterprises other than the main business will account for more than 90%.

It is understood that, like Shanghai electric, the "Yangtze River Delta business" is not a minority.

"In 2004, the Red Dragonfly Group website introduced:" a national regional group with diversified investment in professional footwear, education, finance and so on. "

Now, websites are hard to find "education" and "finance" two words.

Zhejiang Red Dragonfly Group staff told reporters this.

Enterprises in Jiangsu are also trying to eliminate inefficient projects.

In July last year, Huadong technology pferred 29.9% of its flying east lighting shares to PHILPS, a major shareholder of Feidong lighting.

It is worth noting that the Yangtze River Delta enterprises "slimming camp" there is no shortage of "big players".

Shanghai SASAC staff said that the main business scope of the large state-owned enterprise groups such as Shanghai Automotive Industry Corporation, Shanghai Huayi Company and Jinjiang International Limited company has been announced this year.

What causes the enterprises in Yangtze River Delta to lose weight?

Huang Di Nan explained that the "downsizing" of enterprises is not only related to the macro economy, but also the needs of their own development.

Professor Ning Xiangdong, deputy director of the China Economic Research Center of Tsinghua University, believes that many enterprises are currently choosing to "lose weight". On the one hand, the international economic trend and the domestic macroeconomic regulation and control play a catalytic role. On the other hand, they are also a need for their own development.

Now is the era of globalization, and the Chinese market is also more competitive. Enterprises are going to diversify. It is hard to ensure that every industry is doing well.

Ningdong expects that the tide of "downsizing and severe winter" will appear in the whole country.