Central media have clarified rumors of the collapse of Dongguan textiles and other enterprises

A few days ago, some media reported that Dongguan Suyi Toys Co., Ltd. and Dingjia Textile Co., Ltd. suddenly went bankrupt, triggering the attention of the social ** to the survival of small and medium-sized enterprises in Dongguan. On August 5th, central media such as People’s Daily, Guangming Daily, Economic Daily, and CCTV clarified rumors of bankruptcy in important forums and periods. The report concluded that the Pearl River Delta, including Dongguan, did not have a “flood boom,” and SMEs’ ​​profits were indeed squeezed. Production and operations were difficult. However, Dongguan enterprises are accelerating their transformation and upgrading to increase their market competitiveness and overcome their difficulties. Overall, the optimization of investment structure in Dongguan and other places indicates that the industrial structure will continue to upgrade.

- Phenomenon of 266 closed foreign companies are foreign OEM manufacturing Dongguan is a world-famous manufacturing city, but also a manufacturer of weather vane. Since August, in view of the changes in the economic field and the speculation of the closure of small and medium-sized enterprises in Dongguan, the central media has conducted interviews with Dongguan companies and reported the true picture of Dongguan's economic operation.

On the evening of August 4th, CCTV “News Broadcasting” was titled “Dongguan: Breaking the Difficulties, Fighting for New Roads – The SMEs in the Crisis of Small and Medium-sized Enterprises”. The headline broadcast the different situations of Dongguan SMEs in the survival crisis, Dongguan Measures to accelerate the transformation and upgrading of enterprises to improve their market competitiveness.

Reported that Dongguan toy companies this year, the cost of orders has generally risen by 2 cents, may reach 3 in August, the pressure on business. It is reported that Suyi toy factory is one of the 266 foreign-funded enterprises that Dongguan shut down and relocated in the first half of the year. Their common feature is OEM production. At present, small and medium-sized enterprises like toy companies have stopped work, changed production, closed business, and withdrew, mainly because they do not have independent brands.

"People's Daily" published an article entitled "The Closed Tide of the Pearl River Delta" in the important position of the 02th edition on August 5th. The citations cited in the report confirm that Dongguan's labor-intensive industries such as textile and clothing, footwear, and toys have higher operating costs and higher operating costs and lower profit margins. Since the beginning of this year, the labor costs in the above industries have increased by 12.6%, 24.4% and 14.7%, respectively. The overall costs have increased by 10.8%, 12.6% and 12.4% respectively, and the profit margin has dropped by 2.5, 0.4 and 1.4 percentage points respectively.

"Guangming Daily" believes that SMEs in the steady and rapid growth also face many difficulties can not be ignored: First, ** difficult; Second, the profits are squeezed; Finally, the process of transformation and upgrading encountered problems.

The "Economic Daily" reporter learned that the problems commonly reflected by enterprises are: "three shortages" (power shortage, lack of people, lack of funds), "four liters" (increasing raw material costs, rising labor costs, rising costs, ** * The exchange rate rose), which caused greater pressure on production and operations.

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