Wang Mei Is Not Thirsty, And Zhejiang's Small And Medium-Sized Shoes Are Looking Forward To Being Bought.

On August 6th, Premier Wen Jiabao chaired a State Council executive meeting, deliberated and passed the guiding opinions on further promoting the reform and opening up and economic and social development in the Yangtze River Delta, and put forward 10 requirements for speeding up the adjustment of industrial structure and comprehensively promoting the optimization and upgrading of industrial structure.

This is obviously based on the conclusion that the central leaders recently went to the study of Jiangsu and Zhejiang to formulate strategic countermeasures.

Against this background, the local governments at all levels and millions of small and medium-sized enterprises in Zhejiang, who are suffering from industrial pformation, will take effective measures to save themselves and turn crises into opportunities.

When the rumors of "a large number of SMEs in Zhejiang are trapped in a large area" spread like wildfire and caused widespread concern, senior officials of the local government, who are at the helm of the Chinese private economy, must realize that they can no longer do nothing.

On the one hand, they cited the latest statistics to prove "the smooth operation of the province's economy". On the one hand, they announced that they would start the project of "upgrading hundreds of millions of industries" according to the demand of small and medium-sized enterprises, and add tens of billions of yuan of credit support at the same time.

Although officials in Zhejiang believe optimistically that this will help the province survive the current manufacturing crisis and achieve a qualitative leap in the industrial structure, it is doubtful whether the about 100000000000 yuan "plum" can be eaten into the mouth of the more than 200 million SMEs in Zhejiang, which are suffering from multiple impacts of macroeconomic regulation, cost inflation and export downturn.

Hundred billion worth of research

It is understood that the Zhejiang provincial government's "industrial upgrading billion project" highlights: over the next five years to invest more than 120 billion yuan to help 51 projects to achieve industrial upgrading, the first batch of funds in September this year the fastest place (see the attached table).

At the same time, the rural credit cooperatives also responded to the government's request and planned to provide up to 40 billion yuan of credit support for small businesses in five years.

Reporters learned that before the introduction of the new policy, the Zhejiang provincial government has just completed a thorough investigation to understand the survival situation of SMEs in the province.

The Zhejiang economic and Trade Commission, the provincial Enterprise Federation, the SME Bureau and the foreign trade and Economic Cooperation Department are the core members of the joint investigation team.

A participant told reporters that since the end of 5 months, they have gone deep into the developed cities of Hangzhou, Wenzhou, Ningbo and Taizhou, focusing on 10 main industries and many leading enterprises. They have mastered a lot of first-hand data on the production and sale of enterprises.

The investigation group noted that a number of economic indicators for SMEs in the first half of this year still maintained growth momentum, but the growth rate dropped significantly, and more and more manufacturers continued to lose money.

The most serious problem faced by many manufacturers that rely on supporting products for leading enterprises is that, with the sharp reduction in overseas orders of these large enterprises, the original industrial chain is breaking down, profits space has been squeezed greatly, and the living space has been gradually lost.

In fact, as early as mid July, the Zhejiang provincial government has issued 14 encouraging policies of "high gold content", including export tax rebates and credit support from commercial banks, so as to promote SMEs to continue to explore the international market.

"100 billion project" and the 40 billion yuan credit support of rural credit cooperatives are only two latest measures.

"But there are some problems at the macro level, which can not be solved only by the enterprises themselves and the local governments."

The survey team members said frankly.

Data show that since the beginning of this year, the central bank implemented tight monetary policy, the credit scale of domestic SMEs has dropped. In the first quarter of this year, SMEs only got 300 billion yuan of bank loans, a decrease of 30 billion yuan compared with the same period last year.

Recently, there is news that the central bank intends to relax the credit policy, allowing the national commercial banks to increase by 5% on the basis of the original credit scale, while the local commercial banks have been treated differently, with an increase of 10%.

Although the news has not yet been officially confirmed by the central bank, analysts still believe that this "differential treatment" policy reflects the central bank's attempt to alleviate the increasingly serious financing difficulties of SMEs.

The government's intent to drink

However, Yu Hongsheng, member of the Yangtze River Delta planning group of the national development and Reform Commission, said that the theme of Zhejiang's "100 billion project" is obviously to support high-tech enterprises and some leading enterprises, not to save those traditional industries and small and medium-sized enterprises.

He pointed out that those small and medium sized enterprises with small scale and backward production technology have become very ill at the end of the day. They will become a real "capital bottomless pit". Even if all the money is put in, they can not fundamentally solve the problem.

Xiao Jincheng, a regional research expert of the national development and Reform Commission, said that the loosening of the national credit policy and the fire of hundreds of billions of dollars of local government funds will help part of the enterprises to get back to life and get bigger development.

"Government funds will definitely be selectively invested. Those small and medium-sized enterprises with poor strength and difficulty in investment recovery will have too much risk."

He said, "and banks have always liked icing on the cake and never give up in the snow. Even if the credit scale is increasing, the small and medium-sized enterprises that are already on the verge of collapse will hardly get the favor of banks."

To save or not to save?

There seems to be a huge gap between the policy orientation of local governments and the struggling SMEs.

A person in charge of the marketing department of the largest overseas Chinese leather Co., Ltd. in Pingyang, Wenzhou, told reporters that the actual profit they received from many export orders recently was zero, and only gradually reduced production, waiting for the market to pick up.

Pingyang county is known as "China skin capital", which controls 1/4 of domestic raw leather production, and its annual gross output value is as high as 4 billion yuan.

Recently, however, only 39 of the 1261 tanneries in the county are still struggling.

But Zhou Dewen, President of Wenzhou SME Development Association, has another explanation: "the international market is not good at the moment, and the price of raw materials is rising too much. Temporary stop production can reduce losses. In fact, it is a reasonable market strategy."

He stressed that so far, there are very few enterprises that have really failed in Wenzhou, and about 20% of them have stopped production.

At the same time, he believes that the "100 billion project" of the provincial government is a major positive news to promote the adjustment of industrial structure and the pformation of development mode.

Officials in Zhejiang seem to be trying to avoid the "crisis".

"To be precise, we are not faced with the crisis of SME failure, but the opportunity for industrial pformation."

Cai Zhangsheng, director of the office of Zhejiang SME Bureau, said.

Perhaps it is unrealistic to wait for the government rescue. Some small and medium-sized manufacturing enterprises in Zhejiang frequently contact the leading enterprises in the industry, hoping that the latter will bid for the takeover.

"We now receive similar requests from several small and medium-sized counterparts every day."

Wei Kai Meng, director of the Propaganda Department of Wenzhou AOKANG Footwear Company, told reporters that "in the past normal years, this is unthinkable. Wenzhou business owners always focus on independent development, and the company is small and profits are low, so it has to be their own boss."