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    Increasing Investment In Korean Enterprises And Machinery And Textile Enterprises In Mainland China

    2013/8/1 11:31:00 17

    Textile MachineryPower EnterprisesTextile Enterprises

    < p > recently, the Ministry of industry and Commerce resources of Korea pointed out that the return investment of Korean enterprises in mainland China is increasing day by day. Among them, the return of jewelry enterprises is mostly. At present, the situation of a href= "http://www.91se91.com/news/index_c.asp" > textile machinery < /a > and textile enterprises' return investment are also gradually heated up. Among them, the manufacturers of heavy equipment have decided to return investment because of the rise in local labor costs and market environment in mainland China.

    < /p >


    < p > the Ministry of industry and Commerce Resources said recently that there were 2 mechanical enterprises, including 6 Korean businessmen who entered the mainland of China and signed investment agreements with Jeonbuk gshan city and Yishan city. They plan to start factories this year and start production next year.

    Jeonbuk estimates that, including the 6 companies, so far, the 26 companies that invest in the investment will create more than 7500 jobs.

    < /p >


    < p > the reflux enterprises are the enterprises excavated by Jeonbuk and KOTRA through the mainland of China to encourage Korean businessmen to return investment activities. Jeonbuk will support the margin required to subsidize investment in factories and land, so as to reduce the cost of initial investment, and KOTRA will help organize and liquidate the enterprises in mainland China.

    < /p >


    At present, the power system reform in China is almost stagnant, which not only raises doubts and puzzles, but also leads to the "ceiling" of the reform of the power enterprises in the system within the system.

    The next step is how to deepen the reform of state-owned electric power enterprises and how to break the external bottleneck of development.

    < /p >


    < p > < strong > the biggest obstacle to reform is < /strong > > /p >


    < p > "the reform of state-owned electric power enterprises is very complicated. From the perspective of the entire electric power industry, this reform is not a general measure to promote."

    Recently, insiders interviewed by reporters pointed out that the first difficulty in the reform of state-owned power enterprises is the electricity price reform.

    < /p >


    < p > electricity price reform is the institutional contradiction of "market coal and planned electricity", also known as the "contradiction between coal and electricity", that is, the price of coal is controlled by the market and changes with the change of supply and demand, and the price of electricity is still in the contradiction between planned control.

    In the past few years, electricity prices have suffered a lot from the rise of coal prices, and policy losses have generally occurred.

    < /p >


    < p > at present, the debt rate of the five major electric power central enterprises has remained high, basically around 85%.

    Chen Feihu, general manager of Guodian group, said in an interview with reporters including China economic times, that the debt ratio of electric power enterprises is 75%, and the debt rate of the central enterprises is obviously too high.

    < /p >


    < p > Li Junsheng, deputy director of the office of New Energy Research Institute of Guodian, looks at the high debt ratio of the central enterprises. There are two main factors: first, the high price of coal and the low price of electricity; some enterprises lose money by borrowing loans; two, enterprises generally have projects, loans are large, and there is no scale benefit.

    < /p >


    < p > {page_break} < /p >


    < p > the strange phenomenon existing in the power enterprises is that even if the company loses money, the debt ratio will exceed 100%, and it will not break the production. If some power enterprises run by the central enterprises, the debt ratio has exceeded 120%. Theoretically, the more production losses the enterprises will get, the more serious they will be.

    < /p >


    < p > Li Junsheng thinks that in order to do well in the reform of state-owned power enterprises, there are two internal and external driving forces. From the outside, we need to deepen the reform of the electric power industry, especially to reform the electricity price, and to energize the state-owned power enterprises from outside.

    Only two driving forces can form a resultant force, and the reform of electric power state-owned enterprises can achieve better results.

    < /p >


    At present, the core of SOE reform led by relevant departments is to establish a standardized governance structure according to the requirements of the modern enterprise system, including the construction of the board of directors, the cadre and personnel system, and the reform of the management system of investment and financing, and so on. P

    Li Junsheng said that for the state-owned power enterprises, these are not the biggest problems currently facing, and the urgent problem now is institutional obstacles.

    < /p >


    < p > Li Junsheng said, < a href= "http://www.91se91.com/news/index_f.asp" > power state-owned enterprise < /a > problems also include the lack of long-term and practical strategy, formalism, utilitarian color of more things, give people the feeling of being flashy, enterprise leaders responsible for strategic positioning, quality development is often thankless, not as good as economic indicators, image engineering performance is remarkable.

    This has also brought some problems to the enterprises, so the reform also depends on the thorough change of ideology.

    < /p >


    < p > < strong > how to deepen the reform remains controversial: < /strong > /p >


    < p > the last round of the reform of electric power industry officially started eleven years ago.

    In March 2002, the document No. 5 of the State Council put forward the reform target of "breaking monopoly, introducing competition, improving efficiency, reducing costs, improving electricity price mechanism, optimizing resource allocation, promoting electric power development, promoting national networking, building a separate electricity market system under the supervision of government and enterprises, fair competition, open and orderly, healthy development".

    < /p >


    By the end of 2002, the State Council formally approved the plan for the division of power generation assets reorganization, and established two Power Grid Corp, five power generation group companies and four subsidiary group companies on the basis of the original national appliance (quotation area) force company.

    < /p >


    < p > reviewing the progress and effectiveness of the implementation of the electricity industry reform in the past eleven years, the parties have different opinions.

    Some people think that the success of reform has mobilized the enthusiasm of all aspects of power distribution. In the meantime, the new capacity and the speed of grid construction are unprecedented in China and foreign countries. At the same time, the reform has enhanced the competitiveness and vitality of power enterprises.

    < /p >


    < p > however, in recent years, the stagnation of reform in the industry has also been debated.

    Some people believe that in the past more than 10 years, the effective incentive mechanism, restraint mechanism and sustainable development mechanism of the power industry have not yet formed. The institutional obstacles to power monopoly have not been completely eliminated, and the electricity market order is still rather chaotic.

    < /p >


    < p > the landmark events in the recent two years of electricity reform are the separation of main and auxiliary industries and the withdrawal of the Electricity Regulatory Commission from the historical stage. The ancillary assets of the former State Grid and the China Southern Power Grid have been stripped out. Meanwhile, four auxiliary industry groups have been integrated, and the above assets have been injected into the merged two auxiliary industry groups.

    < /p >


    < p > {page_break} < /p >


    < p > however, < a href= "http://www.91se91.com/news/index_cj.asp" > textile enterprise < /a > is still suspected of monopoly. The reason is not the natural monopoly of the power grid itself, but the failure to separate pmission and distribution.

    Some people in the industry believe that power dispatching should be independent from the power grid enterprises. People who hold this view believe that the power grid has abducted all power users under the condition of "pmission and distribution without separation".

    < /p >


    < p > for this, Liu Xinfang, the head of the State Grid public opinion, said in an interview with the China Economic Times reporter that there is no "separation between pmission and distribution" in the official documents of the relevant departments. If so, it is like stripping the nerve out of the human body.

    In his view, this is unreasonable and unrealistic.

    < /p >


    < p > Liu Xinfang said that as far as the current electricity reform is concerned, "the ideas of the parties concerned are all Mongolian and should not be discussed."

    Some of the reform versions we see now are in study rooms, some in cafes, some in kitchens, and not official.

    He believes that the current strange situation is that people standing at the top of the world do not say that the people standing at their respective interests point out that there is no consensus on how to deepen reform in the next stage.

    < /p >

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