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    RMB's "Craziness" Has Forced China To Upgrade Its Industry.

    2010/8/7 19:38:00 117

    China's Industrial RMB Exchange Rate

       Restarting the RMB exchange rate reform will make many Exit The leading enterprises are facing the disaster of collapse. Some people believe that this is a good opportunity to push China's industrial upgrading.


    But in the face of the shortage of funds, low quality labor force, unfair unfair resource allocation, excessive market competition and excessive monopoly, what will the direction and Prospect of China's industrial upgrading be?


    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 international. market Competitiveness, but we carefully observe the industry pioneers that are judged by the China Textile Industry Association. Most of them are not really high-tech enterprises. Even the textile high-tech enterprises named by the relevant ministries and commissions of the country are also labor-intensive enterprises with fine colors and high technology. What we are seeing is a group of enterprises whose quality is recognized by the international market, standardized production and smooth sales channels.


    China's textile industry has no real high-tech enterprises and is not afraid of it, so long as the technology level of the enterprise can be slightly higher than that of the existing technology. Industrial upgrading is not going all the way. It is unrealistic to upgrade traditional industries to high-tech enterprises, and to upgrade to standardized and refined manufacturing enterprises. industry chain The integration of profits is a way to go.


    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, transform 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.

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