Forced Enterprises And Forced Policies

The reopening of the RMB exchange rate reform will put many export oriented enterprises in the face of collapse. Some believe that this is a good opportunity to push China's industrial upgrading.

However, in the face of scarce funds and low quality

Taking the textile industry as a matter of fact, whether the government invested 4 trillion or nearly 10 trillion of the local government's debt, there seems to be no direct relationship with the textile industry.

Liquidity in the market is abundant, and there will be more hot money, which will not flow to traditional manufacturing industry. This has been proved by the real estate and stock market turmoil.

Although China's textile industry is quite competitive in the international market, let's take a closer look at China.

China's textile industry is not real.

China's manufacturing industry has the ability to develop from the low end to the middle and even higher stage. Through the household registration reform and staff training, the world's largest professional skilled industry team will emerge.

Through standard setting, the management mode of small workshop can be reduced to the maximum extent.

But these changes are not what the "forced" enterprises can do now.

The government will speed up the administrative reform, improve the administrative efficiency and match the market, pform the export and investment leading to the economic growth of internal demand and investment led, so that the Chinese economy can get rid of the dilemma.

Therefore, the current situation is a good opportunity to push China's industrial upgrading, but it is not only forced manufacturing enterprises, but also forcing the government to improve administrative efficiency, reduce various administrative costs for enterprises, and change the current situation of bad market administrative division.