| - | In September 26th, Zhejiang, Wenzhou ,for materials, supplier lying in the letter peaceful group desk Zhou Qiren N post Beijing economic daily and Xinhua news prompted the core Wenzhou over the folk debit and credit crisis ,cause national attention .<br>Wenzhou folk debit and credit to how to run ?The government is introduced a series of measures to rescue the market .The crisis came about? How should the government rescues the city ?Open credit is it right? Right? How to solve the predicament of medium and small businesses ?The media and experts have carried on the investigation and analysis .<br>The central bank ,National School of development, Peking University Dean Zhou Qiren thinks ,not because of the loan crisis to reopen the monetary tap ,but rather by reducing taxes and fees policies to activate the small and medium-sized enterprises .<br>The credit crisis in the government of Wenzhou to persuade 3 flight boss according to insiders ,since the beginning of this year Wenzhou part of the business since the financial crisis ,has more than 90 boss debt away ,there are currently 3 people have returned home .<br>Return of king boss ,including glasses ,indebted about 2000000000 Yuan run away the United States of Zhejiang Wenzhou letter Thai Group Chairman Hu Fulin .It is reported ,Hu Fulin home is negotiating enterprise restructuring matters, at present, Hu Fulin has been protection .<br>In early 9 ,Hu Fulin left the United States does not return, hundreds of people gathered round the letter peaceful group demanding payment ,bank to mutual insurance enterprises and associated enterprises issued a notice loan crisis triggered the strength ,hollister brazil,serial .<br>Informed sources ,$about 2000000000 in debt ,$800000000 for bank loans ,monthly interest about 5000000 yuan ,the remaining 1200000000 yuan for civilian usury, month in interest rates as high as about 20000000 yuan .<br>Hu has permanent resident status in the United states .In the Wenzhou city hall and the chamber of commerce under the coordination ,event occurrence a favourable turn ,Hu Fulin returns home and enterprise restructuring .<br>Hu Fulin company year sales of 200000000 yuan, build the brand is the only Wenzhou, a well-known trademark in China ,the government does not want the beat .At present, the company is still Hu Fulin orders constantly ,the letter peaceful group has the condition to undertake asset recombines .<br>The insider said, Wenzhou has many 40 company ,official data showed that there are more than 90 boss liabilities .The government are in contact to persuade them to .There are currently 3 boss is back .<br>Now ,still in the domestic many enterprises boss mobile phone can not shut machine down ,before the plane takes off ,must first call to governments and providers say .Lending crisis government asked the bank bailout ,the pressure loan according to the report ,Wenzhou City Hall yesterday launched the package to rescue the city measure ,prevent the small and medium-sized enterprise capital chain rupture .<br>Standing Committee of Wenzhou municipal people endowment appoint vice director ,stationed in the city industrial and Commercial Bank of China liaison group leader Pan Yuhua, liaison group to help banks to bank financing docking ,requiring banks to not smoke endowment ,not loans, bank loans and to assist in understanding the enterprise ,prevent small and medium enterprises fund chain break .<br>According to introduction ,the banking financial institution is currently in active communication and liaison group ,in accordance with the ,one look forward to one plan and for the medium and small enterprises to solve the problem .<br>Public Security Bureau of Zhejiang Province Economic Investigation Corps responsible person, the public security organs will severely crack down on illegal fund-raising and other criminal activities ,and earnestly safeguard the economic order and social stability ,the Wenzhou police to combat violent debt collection efforts .<br>On October 7th, the Wenzhou Municipal Public Security Bureau Longwan Branch Bureau ,hollister,the Bureau has punished 4 violent collection cases ,7 suspects were arrested .At present, Zhejiang Province, people a loan of 60000000000 dollars is used exclusively for the Wenzhou enterprises financing difficulties ,hollister.<br>The credit crisis investigation give up industry speculation awareness expansion is the root causes of the crisis of Wenzhou credit crisis is how it formed? The financing of small and medium-sized enterprises is the basic reason ?In this regard, economic daily and Netease and other traditional and Internet media are investigated and analyzed .<br>Economic daily survey says ,the credit crisis is rooted in the taste of the Guarantee corporation .As at the end of year 8 ,the business license of the financing Guarantee Corporation 48 .But in the city of Wenzhou, hundreds of thousands of unauthorized Guarantee Corporation bamboo shoots after a spring rain ,hollister outlet,shake the body becomes the underground banks .<br>According to the introduction , Guarantee Corporation is usually around 2 monthly savings ,hollister france,then from 3 to 6 were released, and even up to 8 of the monthly to 1 corners ,each lending money little criterion millions yuan, much as a few yuan .<br>The survey articles ,some enterprises ,families and officials from the bank loan ,then the money will be real gold speculation ,or to usury lending ,hollister france,some business owners into gambling whirlpool resulted in bankruptcy .<br>Netease lists crisis produced a complete chain ,that the financing of small and medium-sized enterprises throughout the country are the facts ,but in Wenzhou, the enterprise is not short of money ,speculation awareness expansion is the root of the problem :Wenzhou people rely on the low end product completion of capital accumulation away from industrial to make quick money ( real speculation mine fried material ) → of → ofquilt loss of → of → of → of → ofloans or throw the helve after the hatchet to recoup losses ( double real ,fry gold silver futures ) → of → of→ of → ofbank credit contraction loan shark loan → of → of→ of →toloan loan to borrow money from loan sharks of → of → of → of → ofevolution by old money into financial pyramid selling fried → of → ofreal estate to shipping and gold futures drop of → of → of → of → ofborrowers run away financial pyramid drum-spend game suspension of → of → of→ of → ofusury capital chain rupture of civil debt crisis .<br>Netease comments ,if indiscriminate water rescue ,is actually take the taxpayer to save the gambler .Lending crisis Wenzhou bank said : nine into a family involvement in usury false in the past few days, many local media reported Wenzhou borrowing ,often mention Wenzhou 89% of families or individuals involved in private lending market this group of data, one on the nine Wenzhou people or families involved borrowing the news spread in succession .<br>9, the people City Center branch deputy governor Zhou Songshan said ,this data set is a group of severely distorted data ,in front of a multiple attribute has been removed .Zhou Songshan said ,hollister uk,the people City Center branch began in 2003 the civil lending rates were monitored ,and determine the folk debit and credit transactions for the particular monitoring households 300 households .<br>Last April, Wenzhou people to the 300 monitor users send out questionnaires ,investigations of borrowing capital source ,finally recovered 266 effective questionnaires, which showed 89% of households are capital investor .<br>At the beginning of the year, the people the findings .The investigation itself is not the face of the city survey ,but to confirm for borrowing behavior of object to be sources of investigation ,but many media ignored the statistical scope and object of statistics .<br>The credit crisis point can not run away to reopen the monetary tap boss ,tax reduction policy to get out of the central bank ,National School of development, Peking University President Zhou Qiren said ,although China small enterprises generally face the problem of financing, but wasn reopen the monetary tap .<br> Wenzhou run away business is because before two years inflation asset prices rose too fast ,the enterprise moves a large number of funds transfer caused by the fund chain break . Zhou Qiren said ,China still need to maintain a prudent monetary policy ,only to be completely hit inflation ,small business survival environment can really improve .<br>Zhou Qiren says ,to help small businesses ,we should analyze the predicament .See from the world ,the economical downward risks .Commodity prices began to fall ,the debt ,the debt crisis led to the global economic development expectation in adjustment ,hollister online shop.<br>In the domestic ,the inflation head is down the bar ,but still wags its tail .Zhou Qiren said: small business is characterized ,in product and factor of production two respects no pricing power in the inflation period ,wagging ,especially big pressure on them .<br> Therefore ,choose to go up in policy, blindly expand the financing difficult question ,and even monetary easing is not desirable . If asset prices high ,funds can not enter the industry ,is also very difficult to enter the small and medium-sized enterprises, only the currency steady ,the financial situation is smooth ,asset prices rose too fast momentum was containment can improve .<br> Zhou Qiren also suggested that ,adopt more targeted reduction of small business tax measures , value-added tax ,business tax can reduce the tax policy ,want to come not out ,tax reduction policy to hurry out of .<br>Lower taxes than financial policies on small businesses more universality ,while reducing costs ,hollister outlet. Research reports that 70% of SMEs within six months without profit Wenzhou boss run away let Chinese SMEs survival plight of concern .<br>National School of development, Peking University United Alibaba ( China ) issued 9 reports ,small business owners in the future than the 2008 financial crisis more pessimistic view .72.45% of the respondents expected the next 6 months no profit or a small loss .<br>Corporate profits this year, a serious decline in Peking University National Development Research Institute of the joint Alibaba Group in September of this year ,the Pearl River Delta in Guangzhou ,Shenzhen ,Dongguan ,hollister berlin,Zhongshan ,abercrombie pairs,Foshan ,Jiangmen 6 counties of 95 small businesses and 15 local banks to field visits ,and through the network questionnaire on the Pearl River Delta 2889 small business online survey .<br>Most of those enterprises sales in 30000000 yuan the following ,the number of employees in the following 100 people .Alibaba Group Vice President Hu Xiaoming to think ,as Chinese small enterprises ,these enterprises has extremely strong vitality ,but the lack of effective guidance ,financial support ,unfavorable factors are nibble up small enterprises lifeline .<br>Data shows ,72.45% of small business is expected in the next 6 months no profit or a small loss ,over the next 6 months on business confidence is low ;3.29% of small business is expected in the next 6 months may be substantially deficit or go out of business ,the future operating pessimistic .<br>According to the statistics ,this year the small company profit glides badly ,compared with the 2010 average profit was reduced from 30% to 40% ,management difficulty to increase ,hollister.Costs rose and order atrophy from raw materials ,labor costs rise is still the extrusion of small profits important factors .<br>Most industry raw material costs about 20% to 50% higher than in 2010 ;garment industry raw material price for fabric and even increased from 30% to 80% ;the Pearl River Delta region of the small enterprise workers wages rose 20% in 2010 compared to 30% ,part of the senior skilled worker wage increases even more than 100% ,four thousand or five thousand yuan can live .<br>Different is ,compared with last year ,small business is facing orders sharply .The report shows ,by the European debt ,the U.S. debt crisis, the Pearl River Delta region of small business orders lower than in 2010 30% .<br>Coupled with Vietnam ,India and other regions with low order rob joined enterprises ,domestic small enterprises competition has no single space ;in addition ,the real estate regulation also led to the domestic building materials and related products and related orders in a gradual reduction of .<br>Related articles:
| + | In many offices across the country, there are transaction coordinators on staff who are shared among the office. While this approach seems practical or beneficial on the surface because the coordinator is in house and can be accessed by stopping by her/his desk. It's not always the best or most effective approach when explored further. There are many reasons for that, a few are outlined here: |
