Wednesday, March 9, 2011

Quick review: the Emperor's new clothes fading away "," winter let home industry mirror self awakening

The Guangzhou in November, early winter, warm-cold night, the most difficult to interest.

As time progressed, home industry's attitude to the financial crisis has also shifted from fear, pessimistic, and optimistic, but sticking to countries on domestic demand and tapping the undoubtedly brought hope for enterprises. National policy of expanding domestic demand and about 4 billion of investment, let home industry this winter "too cold".

However, the domestic industry to spend the winter light is dependent on the Government to "light"? when we put the focus on the financial crisis, we considered that if there were no financial crisis, home business days whether it be better?

Foreign investors have been detached from the Chinese market, large enterprise downsizing outcry, small business failures caused panic, migrant workers surge back tide outbreak early ... These unusual phenomenon has start from September for China in the winter has not yet come to whistle before.

Guangdong SME Bureau published the first three quarters of Guangdong close business statistics, the first three quarters of Guangdong close Enterprise 7148, mainly concentrated in the traditional, low-technology, energy-consuming industries, including ceramic sanitary ware, furniture and flooring enterprises. According to incomplete statistics, 08 third quarter only closures, Dongguan city, Guangdong Province, and the migration of furniture and associated enterprises, reaching more than 2000. As competition intensifies, the GOU survive for SMEs, will gradually be marginalized.

Some industry experts believe that the financial crisis impact on China's economy lies in three areas: confidence hit, the spread of negative news makes domestic consumers turn to self-provided State; by some of the ways to invest in foreign financial markets as well as peripheral products of business will suffer a loss, but they are not; accept foreign venture capital business and direct foreign investment enterprises as well as relying on foreign-funded enterprises will enter the order.

Low-cost, high energy consumption, lack of core technology, relying solely on foreign capital, has been the restriction factors influencing the development of domestic manufacture, in the early stages of the financial crisis, many large enterprises of their own difficulties due to the financial crisis under the action of external forces, but the real problem is the lack of response to the crisis itself.

The financial crisis on the domestic industry as well as global economic impact of no doubt, however, the financial crisis on the industry to further optimize the integration opportunities, as well as brand enterprises to bring the good opportunity to practice skills. Market better and not because of the enterprise, the product is good, but because good economic fundamentals. However, when the economy is good, no power, no brand of enterprise as the emperors new clothes, put his own flaws revealed broad daylight. No wonder the Guangdong Party Secretary Wang Yang also throw not save backward enterprise. Wang clerk was not "inhumane", it is not aggressive to the enterprise itself deplored.

Fortunately, with the financial turmoil, deep, home business on financial crisis with the "opportunities" are on the increase. In soufun "held the global financial crisis and macro-economic context of China's domestic industry road" series of interviews, Guangdong art bang CEO Rob Chiu ball's "snow Tates bitter" views, believes that home after the snow industry will usher in a beautiful spring day.

Buffett said: "only when seawater low tide, you can see who is nude swimming. "The financial crisis has brought a curse for domestic manufacturers, enterprises should start city by introspection — speculators cannot always proud to follow.

Winter bonuses after liulv, will belong to those who truly powerful brand enterprises.

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