Industry Gradually Presents A Systemic "Ischemic" Dilemma.

For example, the rapid development of Wenzhou manufacturing industry in 90s of this century, Zhou Dewen, vice president of China Association for international cooperation of small and medium enterprises and President of Wenzhou SME Development Association, once said that after the financial crisis in 2008, most of the overseas orders of Wenzhou manufacturing industry were reduced to inward oriented enterprises.

In recent years, the domestic fiscal policy has been tightened, and private manufacturing loans have been difficult. The rapid expansion of Wenzhou's private financing has suffered a crash around 2011. Wenzhou's manufacturing industry is now generally short of money.

The reporter recently called Wenzhou.

The boss, speaking of the business situation, simply said, "the shoe industry has been downhill more severely in recent years, fewer people have bought it, and the overall economy is not good", and then hastily hung up the phone.

After the four trillion stimulus plan in 2008, many people in Wenzhou businessmen had to sell their loans on the door every day. Some of them had invested tens of millions of dollars in real estate loans and entered real estate and solar energy industries.

"In the past, investment strides were too big, and money from banks and private finance was not used in industry."

This is a common view in Wen Shang.

Take the local valve industry as an example, there are more than 1100 enterprises engaged in valves and related supporting industries in Wenzhou, and at least two hundred or three hundred of them have been lost in the past two years. Some of the surviving enterprises are also in crisis, and they can barely afford to live; the last remaining benign enterprises may not be more than 20%.

Wang Qinai, chairman of Lixin Valve Group Co., Ltd. of Yongjia, Wenzhou, told reporters that there were two vicious cycles in the valve industry in Wenzhou: first, some enterprises did not keep their banks to invest blindly in cross-border investment, such as buying houses, real estate and so on. A chain reaction and failure occurred in the case of the economy. Two, some enterprises did not do well because the products were not ready.

It will lead to the payment of money, or the vitality of some enterprises will not be strong enough to result in a stop or bankruptcy.

"SMEs in China, including small and medium-sized enterprises in the Yangtze River Delta, have strong dependency."

Yang Jianwen, director of the Department of Economic Research of the Shanghai Academy of Social Sciences, told the first financial reporter that the Yangtze River Delta region is a state-owned enterprise.

As a global production base, the main part of it is a multinational enterprise or a state-owned enterprise that has a joint venture with multinational enterprises.

At present, the difficulties in operation are mainly for the small and medium-sized enterprises matching these leading enterprises.

Once the big enterprises are in trouble, the living space of these small and medium-sized enterprises will be greatly reduced.

Yang Jianwen said.

"Theoretically, the institutional mechanisms of small and medium-sized private enterprises are more flexible than those of state-owned enterprises, but they have been infected with state-owned enterprise diseases or large enterprise diseases in varying degrees, and have failed to bring their institutional advantages into full play in operation. The core of the problem lies in the bad environment, the ineffective institutional mechanism, and the difficulty in loans for SMEs."

Yang Jianwen said, "enterprises must find their own reasons and develop their core competitiveness instead of waiting, relying, and demanding."

Some enterprises actively seek breakthroughs.

As mentioned earlier in the South of Jiangsu area, he told reporters that he was killing the old products at a lower price.

Over the past few years, they have devoted themselves to the upgrading and innovation of their products. Their new microfiber synthetic leather is the third generation of artificial leather, which is more realistic, more environmental friendly and more comfortable, and the market demand has been growing.

At the same time, they also strive to improve the level of automatic production, reduce labor costs.

Wang Qinai told reporters that they also developed from more than a dozen small factories to today's scale.

"Before 2008, we still OEM for others, and some manufacturers only give us some low profit businesses."

Wang Qinai said that now their own brand accounted for 95%, OEM 5%.

Wang Qinai said that in recent years, they have produced 10% of their profits for research and development.

The flue gas desulphurization and denitration knife gate valves developed by their company last year have just entered the market and sold well. They have also been approved by SINOPEC. At present, their company has been included in the first class suppliers by SINOPEC.

The profit margin of new products is also considerable.

Yang Jianwen believes that if small and medium-sized enterprises can achieve small giants in the field of subdivision, they are very successful enterprises.

In this special stage, the government also needs to give policy support in the field of subdivision, cultivate small giants, and form a group of leading enterprises with social influence and certain brand awareness.

In the first line of production, the replacement of the "machine replacement" of Lixin valve group in the past two years is relatively large. Originally, a machine should be completed by one person, and now it is a person to complete three machines.

They made this profit out to end customers, increased their market share and expanded overseas markets. Last year, the export growth rate exceeded 30%.