The Invisible Cost Of Enterprises Is The Main Culprit Threatening China'S Economy.

< p > < strong > Enterprise invisible cost far exceeds a href= "http://sjfzxm.com/news/index_cj.as" > wage rise < /a > /strong > /p >

< p > 2012, under the background of the overall economic slowdown, the wage level of urban areas in the whole country still increased rapidly.

Although this situation is gratifying, it has also increased the cost pressure for business operations. Many domestic and foreign manufacturing enterprises have moved to countries and regions with lower wage levels, such as Southeast Asia.

But China has not lost the advantage of labor cost. The burden that the enterprise really can not bear is not the rise in wages, but some hidden costs.

< /p >

< p > < strong > wage increases threaten China's economic growth: < /strong > /p >

< p > < img border= "0" alt= "" align= "center" src= "/uploadimages/201305/22/20130522085127_sj.JPG" / > /p >

< p style= "text-align: center" > a href= "http://sjfzxm.com/news/index_q.asp" > minimum wage standard < /a > growth has slowed down since 2012.

< p > the latest statistics of bureau of statistics show that in 2012, the average annual wage of the non private sector employed in cities and towns was 46 thousand yuan, an increase of nearly 12% over the same period last year.

In the same period, the average annual wage of private units was 28 thousand yuan, up 17% from the same period last year, and the growth rate was higher than that of non private units.

< /p >

< p > in the context of the overall economic slowdown in 2012, wage levels continued to grow faster. On the one hand, the minimum wage level was raised everywhere, and on the other hand, enterprises raised their wage level in order to solve the difficulty of employment.

< /p >

P > average wage level growth is gratifying, but it also brings heavy cost pressure to manufacturing enterprises.

Over the past year, domestic and foreign manufacturing enterprises have been relocated to Vietnam, Kampuchea, Mexico and other countries and regions.

These regions have become the new foundry bases for many manufacturing enterprises due to their low labor costs.

< /p >

"P", which also caused China's loss of the status of "world factory".

For a long time, although China's manufacturing industry has been unable to get rid of the question of brand loss and low profit margins, China's manufacturing industry still contributes to stable employment, taxation and export trade for China's economy, and China's economic development is inseparable from the prosperity of manufacturing industry.

< /p >

Nowadays, in the case of rising wage costs, Southeast Asia and other countries where labor costs are cheaper, it seems that China has become a new world factory. The manufacturing industry that supports China's economic growth for a long time is facing great challenges. P

Will China really lose the momentum of economic growth because of rising wage costs? < /p >

< p > < strong > China has not lost the advantage of labor cost < /strong > < /p >

< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201305/22/20130522085140_sj.JPG "/" < < > >

< p style= "text-align: center > > the proportion of China's gross wage in GDP is negatively related to the real growth rate of wages.

< /p >

< p > in fact, Chinese workers are still relatively cheap in relative development.

According to Everbright Securities estimates, the wages of Chinese workers are still less than those of the developed economies such as the US, Europe and Japan in terms of market exchange rates.

< /p >

< p > even in Taiwan and Mexico, wages in mainland China are much worse.

But from the manufacturing technology of manufacturing industry, China has not pulled much distance from these economies.

Therefore, the competitive advantage of China's low labor cost is still obvious.

< /p >

China's wage level has already surpassed that of P, which is lower than that of China.

Since the end of the last century, wages for Chinese workers have surpassed India, Indonesia and Bangladesh, three or four times as much as they are now.

For these countries, the superiority of China's manufacturing industry is more reflected in the higher labor productivity brought by infrastructure and industrial support.

< /p >

At present, China's manufacturing industry has yet to lose its competitive advantage in terms of labor costs. < p >

The manufacturing technology of China's manufacturing industry has not yet opened up a big gap from the developed economies.

Therefore, the lower wages of workers in China can be directly converted into obvious cost advantages.

< /p >

< p > on the other hand, although the wage level of many countries has been significantly lower than that of China, the manufacturing industry can not be pferred to them on a large scale due to the restrictive factors such as weak infrastructure, domestic market and industrial cluster.

< /p >

< p > because if wage level is the only factor in manufacturing industry, the factory should have moved to those countries.

After all, the wages of Chinese workers have long been out of line with those countries.

< /p >

< p >, therefore, from the perspective of global manufacturing competition, China still has the magic weapon of low labor cost.

What really worries the manufacturing industry is not just the pressure of operating costs brought by wage increases.

< /p >

< p > < strong > the real worry of enterprises is not the increase of wages < /strong > /p >

< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201305/22/20130522085149_sj.JPG "/" < < > >

< p style= "text-align: center" > a target= "_blank" href= "http://www.91se91.com/" > textile < /a > enterprises told reporters that rising labor costs are not the biggest pressure of enterprises.

< p > by communicating with some textile enterprises, the reporter learned that although the rise in labor costs has increased pressure on business operations, the most painful ones are not the only ones.

< /p >

Less than P, it is too much to describe the current situation of textile industry with internal and external troubles.

On the one hand, the textile industry in the eastern coastal area is facing competition in the Midwest and Southeast Asia, and buyers have repeatedly lowered their prices. On the other hand, the cost of goods taken by enterprises has increased correspondingly as the cost of manufacturing enterprises continues to rise.

Especially with the regulation of labor law, the cost of employing enterprises has increased substantially, which has greatly reduced the profits of enterprises.

< /p >

What is unexpected is that despite the widespread concern that textile foreign trade SMEs lack the ability to resist exchange rate risks, the rapid appreciation of the renminbi is not expected, but a textile industry source said, "in fact, the situation is not that bad at present, but it earns less than before."

< /p >

< p > the most difficult thing for enterprises is the difficulty of taxation.

Many enterprises privately say that enterprises generally do not dare to become bigger. Once they are large, they will often be inspected by the tax authorities, and the cost of each tax inspection must be borne by the enterprises.

So many textile enterprises have built a new factory after a certain scale, but this is not conducive to brand promotion and market share.

< /p >

< p > textile industry is looking forward to more than just capital investment, more stable policy environment.

More than one enterprise told reporters that it hoped that the state could make the export tax rebate policy long-term and stable, appropriately reduce the tax burden of enterprises, avoid large fluctuations in the RMB exchange rate, and actively support enterprises to explore the international market, especially to provide sufficient subsidies for enterprises to participate in exhibitions inside and outside the country.

< /p >

< p > at present, although wage cost exerts great pressure on business operations, the real impact on the operation of enterprises is the instability of policies and the heavy burden of taxes and fees.

< /p >

< p > < strong > epilogue < /strong > < /p >

< p > average wage rise is one of the signs of the continuous improvement of the enterprise system. Besides, China's wage level still has a large cost advantage, so the enterprise can cover this part of the cost.

On the contrary, the burden of taxes and fees is the biggest business pressure of enterprises. The current economic situation is not good, and the business difficulties of enterprises are aggravating. It is urgent to implement tax reduction policies and promote the reform of tax system for enterprises.

< /p >