Smes Are Trapped In A Predicament Rather Than Lack Of Capital.

A spokesman for the Ministry of industry and Commerce said that there is no such thing as a small and medium-sized enterprise to go bankrupt or collapse. However, for some time, the situation of some small and medium-sized enterprises is rather difficult. The reason for the spokesman's analysis is that there is a lack of normal financing channels, a sharp rise in raw materials and the increasing cost of employment and financing.

As with many people, the official is obviously financing It is difficult for SMEs to become the main reason for their predicament. During the financial crisis, small and medium-sized enterprises were in a predicament due to the sharp decline in external demand, the reduction of orders and the difficulty in collecting loans. This external demand has gradually recovered, and it can survive the downturn in demand in 2008. The current small fluctuations in external demand are nothing at all.

Is the financing difficulty caused by it? The answer is negative. Now the situation is that the small and medium-sized enterprises are shouting hard for financing, while the other side is the central bank's behavior to deal with inflation and constantly raise the deposit reserve ratio and interest rate. In the view of the central bank, the general mobility of the society is still excessive. Indeed, the impulse of commercial banks' loans has not been eliminated. What is more noteworthy is that the negative interest rate of up to 2 percentage points makes many funds flow out of the bank into the society and become a hot money. There is no shortage of liquidity in the society, and there is no shortage of financing channels for SMEs.

The question is, where are these funds flowing to? Why not go to small and medium-sized enterprises? A natural attribute of capital funds is where the profits go to. The stock market, the property market, the coal, the precious metal market, the bulk commodity market, the art market and so on, the speculation is widespread, the speculation is prevailing, and the funds are patronizing again and again. It can be said that over the past few years, due to indulgence in speculation and speculation, a large amount of capital has gone into the speculative industry by abandoning the real economy and abandoning entity businesses. There is no shortage of funds in the whole society. Instead, it flows to speculative speculation. industry 。

In the speculative industry, attracting a large number of liquidity trends has not subsided, another fatal industry has risen: private lending. At present, a high tide of "universal lending" is in full swing. A huge profit of up to 10% monthly interest has attracted a lot of money. In the near future, I have heard from colleagues around the time that they withdraw their savings deposits into the usury industry, and constantly receive short messages of usurious temptation. Microfinance companies, Guarantee Corporation and other usurers. What is even more frightening is that commercial banks have even borrowed money to lend money to small loan companies. Some people directly use their real estate collateral to the bank loan and then invest in the usury industry.

Small and medium enterprises, which are affected by factors such as appreciation of the renminbi and rising cost, will dare to lend money to SMEs. Small and medium-sized enterprises will not be able to pay for loans, and loan sharks will still die. As of the end of 6 2011, there were 3366 small loan companies nationwide, with a loan balance of 287 billion 500 million yuan, an increase of 130.18% over the same period last year. The key is that these funds are given to SMEs through usury. The more loans, the faster the SMEs die.

It is reported that the government is formulating policies to support small and medium-sized enterprises, but in the long run, we must curb the profits of speculative industries and guide capital capital to the real economy and real enterprises. In the first half of this year, China's fiscal revenue and state-owned enterprises' profits increased significantly. Within a certain period of time, the society "cake" is so large that the state and state owned enterprises are much more numerous. Therefore, the state and state-owned enterprises must make profits so that they can be activated. Economics The fundamental vitality. Otherwise, China's economy will be worrisome.