Peking University Reported That Profits Of Small Businesses In The Pearl River Delta Will Be Reduced By 40% This Year.

Wenzhou boss's running road has attracted the attention of Chinese SMEs. A report released yesterday by the joint China Alibaba (China) of the National Development Research Institute of Peking University shows that small business owners are more pessimistic about the future than the 2008 financial crisis. 72.45% of the surveyed enterprises expect no profit or a small loss in the next 6 months.

　　 Corporate profits fell sharply this year.

In September this year, the joint Alibaba group of the National Development Research Institute of Peking University visited the 95 small businesses and 15 local banks in 6 counties and cities in Guangzhou, Shenzhen, Dongguan, Zhongshan, Foshan and Jiangmen, and conducted online research on 2889 small businesses in the Pearl River Delta by means of a network questionnaire.

Most of these businesses are under 30 million yuan, with fewer than 100 employees. Hu Xiaoming, vice president of Alibaba group, believes that as a representative of China's small enterprises, these enterprises have extremely strong vitality, but lack of effective guidance and financing support, and the negative factors are eating away the lifeline of small businesses.

Data show that 72.45% of small businesses expect no profit or a small loss in the next 6 months, and have less confidence in the next 6 months. 3.29% of small businesses expect to lose substantially or go out of business in the next 6 months, pessimistic about future business.

In fact, the decline in profits has become the hardest part of this year's small businesses. Statistics say this year is small. Corporate profits Serious decline, compared with 2010, the average profit decreased by 30% to 40%, and business difficulties increased.

　　 Cost increases and orders shrank

The rising cost of raw materials and labor is still an important factor in squeezing profits for small businesses. The cost of raw materials in most industries increased by about 20% to 50% compared with that in 2010. The prices of raw materials and fabrics in the clothing industry even increased by 30% to 80%; the wages of small enterprises in the PRD region increased by 20% to 30% compared to 2010, and the wages of some senior technicians increased by more than 100%, and four thousand or five thousand yuan could not be reached.

The difference is, compared with last year, small businesses are still facing. Order A sharp contraction. The report shows that in the Pearl River Delta region, the number of small business orders fell by about 30% compared with 2010, due to the impact of the European debt and the US debt crisis. Coupled with Vietnam, India and other regional enterprises to join the order to snatch at a low price, the domestic small enterprises have no space to grab a single price; in addition, real estate regulation also led to the gradual reduction of domestic building materials and related products related orders.

　 The most direct impact of order reduction is the start up rate of small businesses. At present, the average operating rate of small businesses in the Pearl River Delta has dropped to 70.92%.

Expert voice

"Can't restart the money tap because the boss is running."

Zhou Qiren: the tax reduction policy should be hurried out.

Zhou Qiren, chairman of the central bank's monetary policy committee and President of the National Development Research Institute of Peking University, said that although China's small businesses are generally faced with financing difficulties, they can not reopen the money tap.

"Wenzhou running enterprises are precisely due to the excessive asset price inflation in the previous two years, and the capital chain breaking caused by the massive transfer of funds from enterprises." Zhou Qiren said China still needs to remain steady. currency The policy can only really improve the living environment of small businesses only by completely "fighting down inflation". {page_break}

Zhou Qiren said that to help small businesses first analyze the reasons for their predicament. Globally, the risk of economic downturns is increasing. Commodity prices began to fall, and the European debt and US debt crisis led to a global adjustment in economic development expectations. At home, inflation has been headed, but it is still wagging its tail. Zhou Qiren said: "the characteristics of small enterprises are that they do not have pricing power in two aspects of production and production factors, and the pressure on them is particularly high in the period of inflation tail."

Therefore, in terms of policy choices, it is not advisable to simply expand the financing difficulty and even relax the currency. "If asset prices are high and capital can not get into industry, it will be difficult for them to enter small and medium-sized enterprises. Only if the whole currency is stable, the financial situation is stable, and the momentum of asset price rising too fast can be improved."

Zhou Qiren also suggested that more targeted measures should be taken to reduce taxes and fees for small businesses. "Value-added tax, business tax" and so on can be reduced. Tax cuts are more universal than financial policies for small businesses, while reducing costs. "