How To Deal With The Plight Of Sewing Machinery Industry

The impact of the international financial crisis is far from over. Geopolitical crisis, energy price volatility, excess liquidity, trade and investment protectionism and other issues are intertwined and the risks are increasing.

China

The development data are expected to continue to slide, the decline in external demand, the increase in labor and raw material costs, the decline of Ku Cungao enterprises, the decline in exports and the shrinking of efficiency. Industry enterprises are in a critical position both inside and outside.

Let's integrate the trend of the international market economy and look forward to the way to break through the industry.

"Europe has only unified monetary policy and no unified fiscal policy, so the crisis triggered by sovereign debt of EU countries has been exposed earlier, resulting in tighter government budgets in EU countries.

The credit crisis and financial crisis caused by the eurozone sovereign debt crisis may have a greater impact on the European economy and the world economy, and also increase the uncertainty of China's exports.

Wang Tao, chief economist of UBS group, said in an interview with the media.

For the United States, the world's largest economy on the other side of the world, Wang Tao said that the downgrade of US Treasury debt rating indicates that the impact and impact of the international financial crisis on the US economy is far from over.

The recovery of the US economy still relies mainly on government strength, relying on quantitative easing monetary policy, and its endogenous growth capacity has not yet been restored.

Once the problem of government power occurs, economic growth will be shaken by the support of the government, and the problems will be accelerated by the government's protection and maintenance of unhealthy economic sectors, which will lead to deep adjustment and shake up of its economy.

A comprehensive analysis shows that the deep-seated contradictions and problems of the world economy are emerging, and the latent volatility is not likely to be warmer in the short term, which will have a greater negative impact on China's exports.

For this reason, the State Council Development Research Center is macroscopic.

During the visit to the China Sewing Machinery Association, Yu Bin, Minister of the Ministry of industry, said to the trade associates that the new growth cycle of the developed economy has required a major structural adjustment and the emergence of new growth momentum.

However, so far, substantial structural adjustment has not taken place, and new industries such as new energy, biology and low carbon have been developing slowly. The new growth point is still uncertain.

In the wake of the debt crisis in the US and Europe, market confidence is wavering. Even if there is no two dip or deep recession in the near future, the developed economies may fall into a similar "loss of ten years" in Japan.

From the domestic situation, the growth of market demand is also decreasing.

The expectation of the first quarter of the national economic operation data shows that the economy continues to fall.

In the first quarter, GDP grew by 8.1% over the previous year, down from the previous 8.4% market expectations, the lowest since the two quarter of 2009, fixed asset investment of 47865 billion yuan, an increase of 20.9% over the same period last year, a decrease of 4.1 percentage points over the same period last year, and a total increase of 14.8% in the total retail sales of social consumer goods, representing a 1.5 percentage point drop compared with the same period last year, and domestic demand growth continued to decline.

According to the National Bureau of Statistics spokesman Sheng Lai Yun at the news conference of the new China office, the fall of the economic growth rate in the first quarter is actually the result of a combination of various factors.

Existing international

Environmental change has led to a slowdown in market demand. There are also policies to stimulate consumption, including directional regulation, especially the result of active regulation after the withdrawal of stimulus policies. At the same time, there is also a downward trend in the potential productivity of China's economy after entering the pition period.