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    Global Financial Turmoil Sweeps Guangzhou

    2008/10/23 0:00:00 63

    Hejun group, one of the world's largest toy foundries, recently closed its two toy factory in Dongguan, and 7000 workers are out of work.

    The financial crisis triggered by the United States has recently attacked the core area of the "world factory", Guangdong province.

    Hejun, Behringer and other large toy factories and electronics factories have been closed down recently.

    Why did the financial crisis land from Guangdong?

    Why did the export industries such as toys, clothing and electronics take the lead?

    In this regard, Professor Wang Xianqing, director of the Institute of circulation economics, Guangdong University of Business believes that the problem of Guangdong's economy has laid its roots a few years ago, which is the result of the "two out of" economic mode of Guangdong.

      原因1“重外輕內”易受傷

    Prof. Wang Xianqing analyzed that the financial turmoil had a profound impact on the outward oriented enterprises. The root cause was the guidance of the collective wrong ideas of the government and enterprises, and also the consequence of the lack of innovation in product technology.

    "The lag of circulation industry is the biggest weakness restricting Guangdong's economic development.

    In the past, we concentrated our energies on foreign countries, stubbornly relying on exports and OEM, and did not really develop our industries and products, but did not attach importance to the domestic consumption market.

    Wang Xianqing said.

    Taking Dongguan as an example, Wang Xianqing pointed out that there are thousands of manufacturing enterprises in Dongguan, but there are few decent circulation enterprises, all of which are "two out of the way" economic models. "Guangdong's problems should just begin, and the situation will be more serious in the future."

    Because with the great recession of traditional industries, labor pfer and population loss, purchasing power will also be lost. In the future, not only will manufacturing industry be affected, but Domino will also turn to the three industry, such as hotel industry, catering industry, leasing industry and intermediary service industry.

      原因2中小企業問題多

    In addition to the external economic environment and the factors leading to the development of the economic development mode, Guangdong economic and Trade Commission and small and medium-sized enterprise bureau began to carry out special investigations in March this year in the face of the comprehensive environment of the global economic recession. They went to Sichuan, Chongqing and Shenzhen, Dongguan, Zhaoqing, Yunfu and other places in Shenzhen, Dongguan, Zhaoqing, Yunfu and other places.

    The relevant person in charge of the Bureau said that the survey found that there are still many problems and gaps in the development of SMEs in Guangdong province.

    As a large part of small and medium-sized enterprises are engaged in labor intensive industries with high consumption and low added value production, Guangdong's industrial readjustment and industrial pfer are in full swing.

    However, SMEs are in a dilemma.

    The cost of land, labor, water, electricity and so on will continue to increase.

    Enterprises not only have insufficient information on pfer policies, but also have high relocation costs.

    In addition, small and medium-sized enterprises are mostly concentrated in the traditional third industries and processing and manufacturing industries. The development mode of high input, high consumption, high pollution and low efficiency has not fundamentally changed, and the ability of independent innovation is insufficient.

    For example, although many famous international brands are made in Guangdong, there are few local brands.

    Taking shoes and leather goods business as an example, output accounts for 1 / 2 and 2 / 3 of the country's total, accounting for around 1 / 3 of the world, but the number of famous enterprise brands is few.

    These Guangdong goods without their names are mostly foreign goods in the form of OEM.

    However, among many problems, financing, employment and land use have always been the main factors restricting the development of small and medium-sized enterprises.

      原因3財政扶持力度仍不夠

    In terms of financial support, the intensity of Chongqing is larger than that of Guangdong.

    In the past 2003~2007 years, Guangdong has allocated 200 million yuan for the development of small and medium-sized enterprises to support the development of small and medium-sized enterprises and the private sector, accounting for 0.7% of the local financial resources.

    In 2008, Chongqing set up a special fund of 80 million yuan for small and medium-sized enterprises, accounting for 1.02% of the local financial resources. In addition, the municipal and district governments also arranged special funds for the development of small and medium-sized enterprises in the budget, and increased year by year.

    In 2008, special funds for SMEs in Guangdong province have not yet been implemented.

    In terms of credit guarantee.

    In recent years, Guangdong has made efforts to promote the credit system and guarantee system of small and medium-sized enterprises, set up a platform for cooperation between banks and enterprises, set up credit varieties of small and medium-sized enterprises, and reduce the financing threshold. To a certain extent, it has alleviated the financing difficulties of small and medium-sized enterprises, especially the guarantee system has achieved late start, but the starting point is high, the scale is large, and the benefits are good.

    However, Chongqing has made great efforts in establishing financial guarantee institutions.

    Chongqing has worked with CDB, which has invested 100 million yuan from Municipal Finance and city development bank to set up a municipal credit guarantee institution.

    Guangdong finance has not yet set up a guarantee institution for funding.

    The development of small and medium-sized enterprises is restricted by the improvement of government management and the lack of services.

    At the same time, small and medium enterprises, especially undersized industries, as the vulnerable groups of the market economy, should have received more attention from the government. However, due to inadequate service, small and medium-sized industrial enterprises still can hardly get enough support from the government.

    (Information Times)

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      前8月粵出口增速降38%

    According to the statistics of Guangdong provincial SME Bureau, 1~8 yuan of investment in fixed assets was completed by private sector in 241 billion 570 million yuan, an increase of 16.8% over the same period last year, a decrease of 8.3 percentage points over the same period last year.

    In terms of export growth of private sector, private enterprises in the province completed import and export of US $69 billion 370 million in 1~8 this year, an increase of 12.4% over the same period last year, of which US $43 billion 670 million in exports, up 5.8% over the same period last year, a 38 percentage point decline over the same period last year.

    The data also showed that in the 1~8 month of this year, the total output value of the province was 21900 billion yuan, up 10.6% over the same period last year.

    The total fiscal revenue from Guangdong reached 618 billion 300 million yuan, an increase of 27% over the same period last year.

    The small and medium-sized enterprises and the private economy, facing the adverse effects of the tight macro environment, still show a strong ability to resist risks and continue to maintain steady growth.

      八成玩具廠依賴代工

    Liao Yanchun, President of the Guangzhou Toy Association, said that there are more than 30000 toy entity enterprises in Guangdong, of which 80% of the manufacturers rely entirely on the processing orders from the external market. Such a highly dependent trade sector is still expanding by the negative effects of foreign economic recession.

    The official website of the General Administration of Customs shows that in the first 7 months of this year, China's toy export enterprises reduced by half as a result of the appreciation of the renminbi and rising production costs.

    China has 3507 enterprises with toy export performance, a decrease of 53% over the same period last year.

    The Research Report of the Secretariat of Guangzhou toy and gift industry association shows that the toy manufacturers in Guangdong are experiencing the phenomenon of "conversion, pfer and pfer", and the toy manufacturers who are reluctant to maintain production have to reduce production scale, lay off workers or even default on suppliers' payment.

      實體經濟根基尚穩

    The financial tsunami has blown to South China. Fortunately, although the current import and export trade has been hit, the overall solid economic foundation has not been shaken.

    Liu Huanquan, deputy director of Guangdong economic and Trade Commission and director of the Bureau of small and medium sized enterprises of the province, told reporters that in the past less than a year, a number of enterprises were cancelled in Guangdong Province, and most of them were foreign-funded enterprises.

    But at the same time, the number of private enterprises in Guangdong has increased far beyond this figure.

    This shows that the private enterprises in Guangdong province have a strong ability to resist risks.

    Liu Huanquan said that although the import and export trade of Guangdong has been affected, the performance of private enterprises is very outstanding compared with those of foreign enterprises and state holding enterprises such as Hong Kong and Macao.


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