Yangtze River Delta Survey: Over 20% Shoe Companies Take The Initiative To Reduce Orders

　　 Wenzhou By the end of September, the Municipal Commission of letters and information survey on the order of 855 key monitoring enterprises showed that Raw material With the increase of price and the appreciation of RMB, 21.6% of enterprises take the initiative to reduce long orders or push off some orders.

This data is more like the re attack of the financial crisis in 2008. Some experts have pointed out that the tightening of macroeconomic regulation and the world economic environment has provided an opportunity for the Wenzhou economy to accelerate its decline.

The overall risk of economic downturn is gradually gathering and showing. This is a sample of the "Wenzhou style" crisis, or rather a typical sample from Zhejiang, the birthplace of the "massive economy".

"Industrial cluster" dilemma

Ruan Chaowen (pseudonym) has been a shoe factory for more than 20 years and is now closed. His factory is located in the industrial base of Xindi Town, Xincheng Town, Ruian, Wenzhou. In this town, "Ruan" is a big surname. When it is well done, "Ruan boss" can find several people in this industrial area.

The factory was shut down once in 2008, and then opened again. Now business is bad and it has to be closed again.

In 2008, only 2600 footwear enterprises were in a state of survival, and at the same time in 2005, Wenzhou had Shoe enterprises Nearly 4000, about 400000 employees, annual output of 600 million pairs of leather shoes.

"Wenzhou shoe capital" is only one of Zhejiang's industrial clusters. Zhejiang is one of the most developed provinces in China's market economy. Over the past 20 years, tens of thousands of small and medium-sized enterprises have formed five hundred or six hundred industrial clusters.

Nevertheless, these industrial clusters are not strong enough to resist risks. These industries, which are at the initial stage of industrial clusters, are often referred to as "puppy economy" and gradually develop into "lump economy".

For example, the number of industrial cluster demonstration zones with annual sales revenue exceeding 100 billion has increased from 3 in 2008 to 5 in 2010, namely, Hangzhou equipment manufacturing, Shaoxing textile, Xiaoshan chemical fiber textile, Yongkang (including Wuyi, Jinyun) hardware and Ningbo garment industrial cluster. In 2010, 42 industrial cluster demonstration zones achieved a total profit of 104 billion 540 million yuan, an increase of 30.6% over 2008.

Most of these industries are more or less the epitome of Ruan Chaowen. Because of the lack of orders, Ruan Chao Wen's factory had to stop production temporarily. This kind of "half stop production" is more due to the production of Zhejiang's workshop. When orders are produced, no orders will be "temporarily" closed.

Difficult year

According to the statistics of the court, as of the end of August, the number of private lending disputes in Wenzhou increased by 25.73% over the previous year, 8.7 percentage points higher than that in the first quarter, and the amount involved was about 5000000000 yuan, an increase of 71% over the previous year. In August, the amount involved was 1 billion 70 million, which was 2.69 times that of January.

Earlier, a related report of the Wenzhou municipal government said that with the advent of the peak repayment period of the year, in order to prevent the crisis of the capital chain of entities, the relevant departments of Wenzhou will thoroughly explore the 17 industries and conduct an all-around investigation in the aspects of industrial upgrading, main business and sources of funds.

This is due to the repeated decline of corporate profits this year. The traditional industries have been shrinking. For example, 1~7 months, the profits of Industrial Enterprises above Designated Size in Wenzhou increased by 10% over the same period last year, and the growth rate continued to fall. Among them, the most obvious drop in small businesses, profits grew by only 6.9% over the same period last year, down 2.3 percentage points from the first half. The profit increase is 7.1 percentage points lower than the sales output increase, which is 3.4 and 0.9 percentage points higher than that in the first quarter and the first half of the year.

Professor Chen Jianjun, executive director of the regional and urban development research center of Zhejiang University, said that this is only the beginning of the current round of economic readjustment. Every economic regulation and control will inevitably result in the closure of enterprises. This is a normal reshuffle of the market and an inevitable outcome of the survival of the fittest.

This may have overlooked the extent of the crisis. Data from the Central Bank of Wenzhou central branch in the first half of the year showed that the scale of the private lending market in Wenzhou reached 110 billion yuan, and 90% of households or individuals and 59.6% of the enterprises were involved. Among them, only 35% of the general production and operation, accounting for 20% of real estate, and 40% of the private lending market.

In other words, once Wenzhou's economy collapses, it will lead to a frenzied chain reaction.