Smes Are In Deep Trouble &Nbsp; Look Forward To More Policy Sunshine.

SMEs are in deep trouble, which highlights the urgency of transformation and upgrading. Only by transformation and upgrading can SMEs get rid of the current difficulties fundamentally. The transformation and upgrading of small and medium-sized enterprises must rely on their own efforts, and also need guidance and support from government policies.

　　 Small and medium enterprises are suffering from the threat of death.

This year, SMEs are facing serious difficulties. financing It is more and more difficult. The capital chain is broken at any time. The profit has been greatly reduced, and the living space has been tightly compressed. Recently, we surveyed 11 enterprises, of which 8 said that capital turnover was tight.

　　 Wenzhou The dilemma of SMEs is quite different from that of the 2008 financial crisis. The financial crisis in 2008 caused many small and medium-sized enterprises to get no business orders, and they were forced to shut down or even close down. The dilemma was that there were orders, but the enterprises did not dare to take them. Wenzhou economic and Trade Bureau has a survey of 855 enterprises in footwear. clothing Glasses, lighters, pens, locks and other labor-intensive industries, about 25% of enterprises because of lack of work dare not take orders. The survey showed that in the first quarter of this year, the sales value of 35 export oriented enterprises decreased by 7% compared with the same period last year, and the profit dropped by about 30% compared with the same period last year. Enterprises with a loss of up to 1/4,1/3 maintained a profit growth rate. The average profit margin of these industries was 3%, with less than 10 of enterprises earning more than 5%. The profit is small.

　　 There are many reasons why SMEs are in trouble.

The first is a sharp appreciation of the renminbi. Now the appreciation has exceeded 10%. Second is the pressure of inflation to bring up raw materials. Another is the impact of labor shortage and wage increase. A survey of 855 enterprises by Wenzhou economic and Trade Bureau showed that 74% of the enterprises indicated employment stress.

Power shortage and power restriction are also important reasons for the plight of small and medium-sized enterprises. For Wenzhou, last year, there was a policy of power cuts for several days per week. At that time, the "soft power outage" was aimed at energy saving and emission reduction, and now it is "hard power failure" because the power supply is not enough. The power outage is a great harm to the enterprises, because the workers have no power to cut off the electricity, but in order to ensure their manpower, they must also pay wages. Many enterprises have to generate electricity by themselves, not only pollution is great, but also the cost of electricity will increase by three times.

The above four reasons bring difficulties to the survival of small and medium-sized enterprises, but the difficulties brought by the fifth reasons may be even greater. That is to say, the state has tightened up the money supply, making it even more difficult for small and medium-sized enterprises that have difficulty financing. In order to solve the financing problem, some small and medium-sized enterprises are more inclined to seek private loans.

　 SMEs are looking forward to more policy sunshine.

At present, the most urgent thing is to improve the financing environment of small and medium-sized enterprises. It is suggested that the central government moderately relax monetary policy and give more support to SME loans. In June 7th, the CBRC issued the notice on supporting commercial banks to further improve the financial services of small enterprises, requiring commercial banks to moderately increase the tolerance ratio of non-performing loans of small businesses, and let financial resources more tilted to small enterprises, so as to alleviate the phenomenon of "money shortage" in some enterprises. This is one of the policies that most of the SMEs have been happy for a long time, but some preferential conditions need to be further quantified.

Banks are at the core position in the allocation of financial resources. They have a solemn mission and a great responsibility for solving the financing difficulties of SMEs. However, if commercial banks rely solely on traditional business models and risk management concepts, it will be difficult to solve this problem effectively. In recent years, the government has called on banks to increase their support for SMEs' financing and increase loans to SMEs. This is also illustrated by statistical figures. But in fact, most of the increased loans are implemented in "medium sized enterprises" with a certain scale and strong strength, and small and medium-sized enterprises (mainly small businesses and micro enterprises) that really need financial support are hard to obtain loans. Therefore, commercial banks must change their concepts, actively innovate financing services, develop financial products, and provide loan support for the development of SMEs according to the characteristics of SMEs. {page_break}

Establishing and perfecting the guarantee system is an important measure to solve the problem of small and medium enterprises' loan difficulty. As early as 1999, we set up a guarantee institution for small and medium-sized enterprises to the government in 1999. Up to now, there are more than 300 guarantee institutions in Wenzhou, and a complete system has been formed. Now it seems that this can effectively solve the problem of guarantee for small and medium-sized enterprises to a certain extent.

To speed up the innovation of the financial system, we should further expand the pilot projects of small loan companies, village banks and community banks, so that private capital can best be prepared to build specialized institutions for financing SMEs. We should standardize and legalize private lending, guide private capital to the specialized small and medium sized enterprises, and finally invest in small and medium-sized enterprises. The rich private capital will certainly make a significant contribution to the development of small and medium-sized enterprises.

In addition, the government should effectively reduce the burden on SMEs. At present, some supportive policies promulgated during the financial crisis have been cancelled, and the categories of taxes and fees involved by SMEs have increased. According to the research of relevant experts, the actual tax burden of SMEs is more than 30%, and has become one of the highest tax burden areas in the world. In addition, the tax authorities had to distribute the tax increase targets to SMEs. The data show that when the gross national product (GDP) keeps growing at about 10% per year, the average increase of China's tax revenue is around 20%. Therefore, I think the tax reduction for small and medium-sized enterprises is large. Tax reduction is a policy choice that benefits broadly, reduces burdens and achieves quick results.

In addition to reducing tax burden on SMEs, various measures can be taken to reduce transaction costs in order to improve market trading environment. For example, we should strengthen the coordination of government departments in economic development policies and management, improve efficiency, reduce direct or indirect government fees and charges, speed up the construction of social credit system, reduce market transaction risks, standardize the development of social intermediary services, and create a better investment and entrepreneurship environment for SMEs.

SMEs are in deep trouble, which highlights the urgency of transformation and upgrading. Only by transformation and upgrading can SMEs get rid of the current difficulties fundamentally. The transformation and upgrading of small and medium-sized enterprises must rely on their own efforts, and also need guidance and support from government policies. Many small and medium-sized enterprises in Zhejiang and Wenzhou are mainly traditional industries. Therefore, the introduction of new industries and the introduction of talents and technology is undoubtedly an important measure to promote the transformation and upgrading of Zhejiang and Wenzhou's economy.