The Results Of The Survey On The Export Situation Of Ningbo'S Small Export Enterprises

As of October this year,

In this regard, the Ministry of foreign affairs and Economic Research of the State Council Development Research Center recently passed Ningbo's foreign policy.

Labor intensive, mainly relying on its own funds.

According to the survey, the products of micro enterprises mainly focus on household electronics, light industry technology, metal products and textiles.

In terms of sources of funding for the development of enterprises, the survey shows that most small businesses in Ningbo rely on their own funds to carry out business.

The surveyed enterprises generally reflected that the financing threshold of the banking institutions was too high, the micro enterprises generally could not meet the loan requirements, and the banking institutions lacked the financial products that were suitable for the operation characteristics of the small enterprises. Therefore, when the small enterprises encountered the problems of short time, insufficient funds and so on, the enterprises usually relied on their own capital or private loans, sometimes the cost of capital was very high.

According to some enterprises, the monthly interest rate of bank mortgage loans is usually between 8 and 9 per cent, and if usury is used, the monthly interest rate will be as high as 2 points.

More than 60% of enterprises in hand orders remain flat or down year on year.

The survey shows that the current operating situation of Ningbo's small export enterprises is not optimistic: compared with last year, 64% of the enterprises did not yet hand in export orders, which were flat or declining compared with the same period last year; about 60% of the enterprises expect exports in the first half of next year to be flat or down compared with the first half of this year.

According to the analysis of the source of orders, the market in Europe and the United States is better than other markets. The survey shows that the proportion of export growth enterprises to the US and EU is 34% and 42% respectively.

However, about 50% of the enterprises indicated that long-term customers had pferred orders to developing countries such as Bangladesh and Vietnam. The proportion of pfer orders to total orders was mostly less than 25%.

In the 1-8 month of this year, the export of small and medium-sized enterprises to the European Union and the United States has increased rapidly, and exports to Europe and the United States are relatively better than those in emerging markets.

In terms of exports to Europe and the United States, the growth rate was 40.8% and 48.8% respectively, representing 2.9 times and 2.8 times the average increase in the whole city (14.1% and 17.7%) respectively.

Over the same period, exports of micro enterprises to emerging markets such as Africa, Latin America and ASEAN increased by 32.5%, 64.6% and 42.9%, respectively, 1.6 times, 1.9 times and 1.3 times of the average increase in the whole city (20.9%, 34.4% and 32.5%).

The biggest difficulty is that the appreciation of RMB is too fast and the cost of production is increasing substantially.

According to the survey, 91% of the enterprises in the 7 business difficulty options think that the RMB appreciation is too fast, resulting in the reduction of export profits is the main difficulty facing the enterprises. 89.5% of the enterprises choose "raw materials and other production costs to increase substantially and export prices to increase", and 59% of enterprises choose "poor demand for foreign markets" and "recruitment difficulties".

Ningbo's micro enterprises mainly come from local provinces such as Jiangxi, Anhui and other provinces. According to the survey data, 53% of enterprises say that the number of employees from Jiangxi and Anhui is reduced this year, and the cost of labor is generally increasing by 10%-20%.

In addition to the above difficulties, enterprises also reflect the difficulties faced by many small enterprises, such as lack of talent, shortage of power supply, complicated procedures for customs clearance and high costs.