Small And Medium Enterprises In The Yangtze River Delta Will Not Be Able To Increase Taxes And Pay A High Tax Burden.

Small and medium-sized enterprises in the mainland have successively fallen into difficulties because of the difficulties of financing, high taxes and increasing production costs.

In May 4th, the Ministry of industry and Commerce issued a circular calling for the provincial and municipal authorities to carry out small and medium-sized enterprises.

Guangdong Province's first quarter manufacturing industry has seen no increase in output.

Total economic volume ranked first in the country in 22 consecutive years.

Guangdong Provincial Bureau of statistics responsible person pointed out that the reduction of corporate profits is mainly due to rising raw material prices, higher wages of workers, higher interest rates on bank loans, the establishment of provident fund and other large enterprises and other factors to promote the production and operation costs of enterprises.

In addition, the tax policy adjustment of foreign-invested enterprises has increased the expenditure of "three capital" enterprises and reduced profits.

Of particular concern is the decline in profits from the three leading industries of automobiles, home appliances and electronics, and the growth of profits in Guangdong.

From 1 to March this year, the profits of the three industries decreased by an average of 8%.

In the first quarter of the year, the automobile manufacturing industry in Guangdong was taken as an example. The industry was relatively saturated by the domestic market demand, and the impact of Japan's earthquake slowed down production and sales and profits.

In the first quarter, Guangdong's auto manufacturing industry achieved a profit of 12 billion 188 million yuan, a 7% decline in profits compared with the same period last year, and a 1.1 percentage point drop in Guangdong's overall profits.

Not only Guangdong, but also a large number of SMEs in the Yangtze River Delta region, a large number of enterprises have been shut down and semi shut down.

Wenzhou economic and Trade Commission monitoring showed that in the first 3 months of this year, the sales value of 35 export oriented enterprises such as glasses, lighters, pens, locks and so on decreased by 7% compared with the same period last year, and the profit dropped by 30% over the same period last year.

At the same time, the order amount of these enterprises is decreasing, and the average amount of single orders is 16.7% lower than that of the same period last year.

These enterprises accounted for 1/4 of the losses, and only 30% of the enterprises maintained a profit growth.

The average profit rate of the industry is 3.1%, and the profit margins exceed 5% of the enterprises are less than 10.

"It's even harder than 2008."

Cai Zhangsheng, director of the office of Zhejiang SME Bureau, said.

The head of an aluminum rolling plant in Foshan, Guangdong, calculated this account to reporters: the sales volume of the factory reached about 1000000000 yuan last year, accounting for only 5% of the business tax, the taxes and fees amounted to about 50000000 yuan, and 25% of the corporate income tax, land value-added tax and other taxes have not yet been included.

Since last year, the price of raw materials has gone up, but there is not much room for product prices to rise.

As a result, the profit margin of the company has declined after enlarging its scale.

Although profits have declined, the total turnover of enterprises is also rising because of the rising prices of products, and taxes and fees are also rising all the way.

At the same time, the high tax burden makes enterprises overburdened. At the same time, it is a financing difficulty for SMEs.

Since the beginning of last year, the reserve requirement ratio has been raised since the beginning of last year. As of now, the central bank has raised the deposit reserve ratio of financial institutions for 10 times in a row, and the deposit reserve ratio of large financial institutions has reached a high level of 20.5%, which has frozen bank's large amount of funds and restricted the ability to lend.

In the context of scarce credit resources, SMEs are once again trapped in financing difficulties.

According to people's daily, by the impact of the global financial crisis, there were over 6.7 SMEs in the first half of 2008.

According to statistics, in 2008, China's small and medium-sized enterprises had reached 42 million households, including individual businesses, accounting for more than 99% of the total number of enterprises.

Since the beginning of this year, the cumulative effect of monetary policy of continuous regulation has been gradually emerging. Continuously raising the deposit reserve ratio and controlling the credit line of the whole year has made the loan amount of commercial banks tight. Many small and medium enterprises and individuals have been seeking private lending funds, resulting in the general interest rate of private lending lending generally rising, and even a high annual interest rate of 100% in recent years.

The capital chain of small and medium-sized enterprises is facing unprecedented challenges.