Financial Policy Is Heating Up, Service Enterprises Financing Waiting For Sunshine

Just as the news of the central easing of money was loaded with newspapers, an export oriented company in Dalian.

The country has recently promulgated ten economic initiatives to expand domestic demand, and decided to implement a proactive fiscal policy and moderately loose monetary policy.

Not long ago, the State Council executive meeting held a further study to identify 6 policy measures to promote the healthy development of the textile industry, including encouragement and guidance.

Mr. Wang's rejection experience shows that although the national rescue policy is strong, the current market environment of enterprises is still very grim.

At the end of 2007, since the implementation of tight monetary policy, banks in various parts of the country had tightened credit scale, resulting in tight cash flow in the eastern coastal garment enterprises.

On November 24th, Zhao Linzhong, chairman of the National People's Congress and chairman of the board of directors of Fu run Holdings Group, sent a proposal on the development of the textile industry from Zhejiang to the Standing Committee of the National People's Congress.

"From the end of last year, the funding problem has become the most serious problem encountered by the textile and garment industry.

Dai Minghua, chairman of the Shanshan stock company, also looks forward to specific measures to be issued by the parties concerned. "This series of policies is only put forward in a macro way, and the details are not clear enough, so we can not determine how much benefits can be brought to SMEs, such as how to solve the financing difficulties, and what type of enterprises can reach the standard of government support."

Undeniable,

Under the macro control of tight monetary policy, banks have been strictly controlling the credit for the textile and garment industry.

A central bank insider told reporters that the downward trend of the current economy, such as real estate, steel, textile and other industries credit risk began to accumulate, so even if monetary policy relaxed, the lending behavior of commercial banks will be very prudent.

Liang Weihao, the chairman of Dongguan Association of foreign investment enterprises, sent a letter to the bank, suggesting that financial institutions and banks should not be "one size fits all". They can take flexible measures from reality and release the quality enterprises in the textile and garment industry to help enterprises get through the temporary.

　　“對(duì)于勞動(dòng)密集型的服裝企業(yè)來(lái)說(shuō)，目前普遍面臨著資金短缺、流動(dòng)性不足的現(xiàn)象。”中國(guó)紡織經(jīng)濟(jì)研究中心主任孫淮濱表示，目前我國(guó)有很多服裝企業(yè)因?yàn)橘Y金鏈斷裂而處于關(guān)停或倒閉的境地，這對(duì)整個(gè)服裝產(chǎn)業(yè)來(lái)說(shuō)是巨大的損失。

　　顯然，資金信貸問(wèn)題關(guān)乎著企業(yè)生存，是當(dāng)前迫切需要解決的一大難題。但記者在采訪(fǎng)過(guò)程中了解到，國(guó)家一系列“救市”政策出臺(tái)，行業(yè)領(lǐng)導(dǎo)、企業(yè)代表都對(duì)未來(lái)前景充滿(mǎn)信心，也相信隨著各項(xiàng)政策逐步落實(shí)，金融機(jī)構(gòu)信貸規(guī)模放開(kāi)，企業(yè)經(jīng)營(yíng)困難將得到切實(shí)解決。

Economic experts analyzed that in the face of the new market environment, the first time the national monetary policy used "loose" in the past decade, indicating that a significant change in the country's monetary supply orientation has been made, which is conducive to maintaining the security and stable operation of China's economic and financial market, and is indeed a good news for the textile and garment industry which is deeply affected by the financial crisis.

When reporters interviewed some of the heads of textile and garment enterprises in China, they all affirmed that after the introduction of relatively loose monetary policy, the textile and garment industry will continue to shoulder heavy responsibilities in the country's expectation of further expanding domestic demand and promoting steady economic growth, and it also brings good development opportunities to enterprises.

"The ten measures adopted by the state clearly put forward the support for increasing financial support for economic growth, and reasonably expand the scale of credit, which is bright for the small and medium-sized enterprises' intensive clothing industry."

However, after a series of positive policies came out, the management of garment enterprises has not been improved.

"Now, when a bank listens to an enterprise project, it tightens its loans. Even for good projects, banks are not lending yet, they are still lending.

Shantou Bao Ya Garments Co., Ltd. is a home garment company which mainly exports to Europe and the United States. Due to the quality of products and credit, the overseas orders are coming. The general manager, Wang Zhipeng, is afraid to make the order. Because the pressure of capital flow is too great, the buyer wants to shorten the delivery cycle, and the risk is considerable.

"The state has proposed to increase support for light textile industry and expand the loan scale of state-owned commercial banks to small and medium-sized enterprises.

　　一位在東莞做女裝生意的港商張平反映，因?yàn)闆](méi)有廠(chǎng)房等實(shí)物抵押，像他這樣在內(nèi)地投資服裝代工批發(fā)的港資企業(yè)很難從內(nèi)地銀行獲得貸款，但隨著內(nèi)地信貸規(guī)模逐步放開(kāi)，他考慮明年三四月份去申請(qǐng)貸款，“也不知道有沒(méi)有希望。”“作為行業(yè)組織，希望通過(guò)各級(jí)金融機(jī)構(gòu)對(duì)政策舉措真正落實(shí)，讓中國(guó)的服裝企業(yè)在適度寬松的貨幣政策中能夠得到切實(shí)的貨幣保證。”孫淮濱表示，協(xié)會(huì)正在積極努力探索與地方政府聯(lián)合為中小服裝企業(yè)得到信貸擔(dān)保的新路徑。

Sun Huaibin also pointed out that in order to get out of difficulties completely, in addition to macroeconomic policy assistance, both rely on government support and rely on the efforts of enterprises themselves.