The Central Bank Raised Interest Rates Three Times &Nbsp; Chinese Shoe Companies Still Had Difficulty In Foxing.

July 8th hearing Economics The rapid development of bubbles will inevitably have a bubble effect. If we don't control it, we will burst the cola bottle. It may be a feasible way to reduce the pressure of coke, but it is far more than "raising interest" to reduce the bubble economy, but it seems that the government is partial to it. In the face of raising interest rates, Shoe enterprises Every time the confidence is full, but the result is not satisfactory. It should be because the shoe companies rely too much on the interest rate reduction policy, but they do not realize that "raising interest rates" is a long-term policy for the government to support enterprises, and is not a panacea for instant results.

　 Shoe companies can't catch " Increase interest "This straw."

In July 7th, the people's Bank of China raised the benchmark interest rate for Renminbi deposits and loans of financial institutions again. Among them, the benchmark interest rates for one-year deposits and loans were increased by 0.25 percentage points respectively. It is understood that this is the third time the central bank has raised interest rates this year.

In February 9th, interest rates rose by 0.25%, plus 0.25% in April 6th. Since the beginning of this year, the central bank has raised interest rates almost every two months. This year's interest rate increase has reached 3.5%, a record high this year. Analysts believe that in the context of slowing economic growth, the central bank announced another increase in interest rates, highlighting the government's determination to curb inflation.

It is understood that after the interest rate hike, the latest one-year RMB deposit rate has reached 3.5%. That is to say, if depositors are now going to the bank to deposit a 100 thousand yuan one-year deposit, then the interest income this year will rise from the original 3250 yuan to 3500 yuan, an increase of 250 yuan. For most people, this is undoubtedly a good news.

In the early years, experts were reasoning that China's monetary policy was the opposite of that of Japan in 1980s. Japan was forced to push the yen up sharply in the short term, leaving domestic companies unprepared. In the face of a sharp decline in exports, the Japanese central bank has to cut interest rates in order to save the domestic economy. By contrast, China's economy is growing strongly, and the Central Bank of China will also implement a policy of raising interest rates. RMB appreciation and monetary policy tightening will reduce the risk of asset bubbles.

Even if the central bank raises interest rates several times, it is enough to show that the government is determined to solve inflation, but the interest rate policy can not be haste. Under the complex and changeable economic environment of China, only the long line of "raise interest rates" can get the effect, which is obviously difficult to overlap with the lifeline of the shoe enterprises. Therefore, in the face of the central bank's policy of raising interest rates at a high frequency, Chinese shoe enterprises should be calm and not blindly carry out the development strategy of "strong pull", because "raising interest rates" is not the time to go all out.

Shoe enterprise transformation is the key to solve the problem.

Now there are some misunderstandings in the transformation and upgrading of the outside world. When it comes to transformation and upgrading, it is said that the traditional industries such as shoes and clothing should be eliminated and the development of high-tech industries should be eliminated. In fact, the industrial base and characteristics of each place are different, and the connotation of transformation and upgrading should also be different. The upgrading of traditional industries and upgrading of products are also important contents of transformation and upgrading. China is a large country with a large population of labor force, and labor-intensive enterprises such as shoes and clothing are conducive to the current employment of labor force. In the certain area and in a certain period of time, a large number of labor-intensive enterprises still need to exist.

Transformation and upgrading are not just abandoning the labor-intensive traditional shoes and clothing industry. For such a large population in China, a certain number of labor-intensive enterprises need to absorb a large number of labor force. Moreover, the transformation and upgrading of the traditional shoe and clothing industry should be done by the government, but not a burden. The transformation and upgrading of shoe enterprises need not only their own determination, but also the strong support of the government. However, no matter how big the government supports, the transformation of enterprises will have to be done because the transformation of enterprises can really solve the predicament after the economic deformity. {page_break}

According to statistics from Wenzhou entry exit inspection and Quarantine Bureau, in the first 5 months of this year, 10 shoe manufacturers in Wenzhou, Kangnai, AOKANG and Dongyi exported nearly 92 thousand and 700 pairs of high-end leather shoes for men and women. The export price was over 40 US dollars, and the value of goods increased by 22.48% over the same period last year. "Although the total volume is not large, it is undeniable that Wenzhou shoes have successfully taken root in the high-end market." The Wenzhou entry and exit inspection and Quarantine Bureau, Jin Jianfeng, said that this shows that the transformation and upgrading of Wenzhou shoe enterprises has been first seen, rapidly becoming a "high shoe" field. According to statistics, the number of enterprises exporting high-grade shoes increased from 5 last year to 10 at present, and the international market has increased from 8 countries last year to 10 countries. With the development of new materials, new technology and new equipment, Wenzhou shoe enterprises now have the R & D capability of producing high-grade leather shoes and are getting closer to the international advanced level. "The real leather shoes with an export price of about $thirty or forty increase by 50% compared with last year." Li Haijun, director of AOKANG footwear export business, told reporters that the end of the EU anti-dumping order led to a backflow of orders, especially high-grade leather shoes, in addition to the increase and return of old customers. The quality of Wenzhou shoes squeezed into high-end market is not the quality of products in general sense, but the quality of systematic products, including production equalization, detail, delivery cycle and packaging. It is understood that at present, Wenzhou shoe enterprises are gradually transforming from the foundry industry to the designer, from manufacturing enterprises to brand operators, constantly trying to change their roles and firmly grasp the autonomy of foreign trade.

The author concludes:

It's better to rely on the earth than to rely on ourselves.

It is not difficult to see that shoe companies want to have a lasting power to compete with the economic bubble. Relying on external force is hard to get the effect of solving the problem. The government, like parents, is responsible for raising children to adults. But holding the children will become pressure for life, and there will be fatigue in a timely manner. Therefore, the transformation of consciousness of shoes enterprises is inevitable and crucial.