Shoe Companies Respond Positively To Financial Turmoil

The financial crisis has brought a great blow to shoe manufacturers' special export enterprises.

However, most enterprises believe that, despite the difficulties faced by enterprises at present, how to take effective measures to respond positively to the international financial crisis is the best policy.

In response to the "financial tsunami" state's measures to expand domestic demand, it has aroused echoes from the business community.

Optimistic enterprises believe that the country's investment in expanding domestic demand is so large that it has not been in the past, the support of policy, and the greatest support for the enterprises.

The small business thinks that because of the reduction in the number of signing the Canton Fair, the business survival will be seriously challenged next year.

However, recently, the reporters learned from the business interview that most enterprises still believe that, despite the current difficulties in their operation, how to take effective measures to deal with the international financial crisis is the best policy.

The increase of business difficulties is mainly concentrated in export enterprises. "At present, the closure of enterprises is a very common matter. With the spread of the financial crisis, many enterprises have encountered unprecedented difficulties in their operation.

For example, the reduction of orders in export enterprises is a clear case.

Relatively speaking, Hong Kong and Taiwan funded enterprises have been greatly affected by the international financial tsunami. Especially since the second half of this year, the overseas market has dropped sharply and the export orders have fallen dramatically.

Now, the government has introduced a policy of expanding domestic demand, hoping to bring tangible benefits to export enterprises.

Mr. Chen, the head of a local jewelry enterprise, told reporters.

Reporter has learned that at present, the state has implemented export tax rebate policy on textiles, toys and some chemical products for many times, reducing the tax rate.

To a certain extent, this relieves the pressure of enterprise survival, which is a typical loosening behavior.

According to customs statistics, Guangdong accounted for nearly 1/3 of China's exports in the first three quarters of this year, the total export volume was 301 billion US dollars, an increase of 13.5% over the same period last year, an increase of 10.9 percentage points, which has been rare for many years.

In the first three quarters of this year, more than 6800 enterprises in Guangdong were out of the export market, more than half of them were small and weak private enterprises.

A company told reporters that the ten measures announced by the government to further expand domestic demand and promote steady and rapid economic development are sure to make a positive impact on enterprises' resistance to the difficulties brought by the international financial crisis.

China's recent policy of stimulating 4 trillion yuan to stimulate economic development has increased the confidence of many against the adverse effects of the financial crisis.

The government is concerned about the difficulties in the operation of enterprises. A local shoe-making enterprise official told reporters that implementing the proactive fiscal policy and moderately loose monetary policy, lightening the tax burden of enterprises, and expanding domestic demand are all big policies.

At present, many enterprises are actively opening up the domestic demand market, which enables enterprises to compensate overseas orders lost in the mainland market and ease the difficulties of enterprises.

This is wise.

The reality is undeniable that the shrinking of the international market of some export enterprises has greatly reduced the profitability of the enterprises.

Some enterprises are expanding losses, and enterprises are facing the choice of life and death.

In the face of difficulties, relevant departments and enterprises in our district have taken active measures to research and concentrate, and try every means to help enterprises out of difficulties.

Reporters learned that district economic and trade departments have recently been divided into research groups such as industry, commerce and trade. They have gone deep into grass-roots units and enterprises, widely listened to the views of enterprises, understood the main reasons for the increase in business difficulties, and put forward measures and measures to solve the problems.

In addition, the reporter learned that the relevant departments have targeted to carry out thematic research activities of the difficult enterprises, and divide into several ways to do research and on-site service in the key areas of the enterprises in order to help enterprises solve problems and minimize the adverse effects of the external environment on the enterprises.

Some enterprises believe that only by increasing domestic sales and accelerating the pformation and upgrading of enterprises can enterprises win new development.