Wenzhou shoe enterprises small spark not start a prairie fire

In the "Daily Economic News" reported last week, known as the "world factory" in the Pearl River Delta manufacturing hub?? Dongguan stabilizing the economy, signs of warming, while another forward China's economic development chief Delta situation is like?

According to statistics, China's second-quarter GDP growth of 7.9%, the speed of economic recovery, many organizations beyond the expected, which trap caught more than half a year of financial crisis, private enterprises, especially SMEs, of course is a major positive. But take a good while in the macro data we should also see a lot of money in credit growth may not be solutions of the SMEs of thirst, the stock market, property market hot laps away from the real economy, substantial cash flow. At the same time, SMEs are highly dependent on the export of coastal and still no significant warming.

With the problem, "Daily Economic News" reporter initiated security four-way into the Yangtze River Delta, went to some cities in Jiangsu and Zhejiang, to the feelings and physical journey of China's economic recovery. We hope that our report will give decision-making juncture to bring you first-hand information.

Wenzhou is home to China's private economy, where 300,000 small and medium enterprises accounted for 99% of the total; 10% of the country's clothing, shoes, 20%, 90% of the metal case lighter and 80% of the glasses are produced in here; Wenzhou, 780 million people, 280 people from business, Wenzhou businessmen and their control of 600 billion yuan private capital has in-depth economic life throughout the country context in. At the same time, Wenzhou is also affected by the financial crisis, one of the cities hardest hit.

Indeed emerging signs of recovery, but a number of businessmen and officials in Wenzhou view, this is just a spark of light scattered enterprises, has not resulted in recovery of Negative effect and Precaution.

Civil lending rates much lower than last year

"Wenzhou civil lending rates continued to decline since the beginning of 2009, 1 to 6 months weighted average monthly interest rate of 10.73%." Center of the People's Bank of Wenzhou, Wenzhou Branch 27, issued by private lending monitoring report, to have guided the capital went to Wenzhou Shanghai real estate speculators, Shanxi coal speculation "Wenzhou consortium spokesperson," Zhou Dewen full of worry.

Wenzhou private lending is higher than the actual annual interest rate monitoring reports, 25% ~ 35%. In July 2008, the "monthly interest rate of 6 points is already a reserve price, or 72% annual interest rate, more borrowing an asking price of Wenzhou is the monthly interest rate of 8 hours, 9 minutes."

Benevolence evident. "Wenzhou private financing such a sharp drop in interest rates reflects a terrible problem: Wenzhou industrial operators are no longer warm to borrow money, it seems there is no need to rush orders and raise money; more frightening is that their confidence in industry remains bleak. "Zhou Dewen said.

A yet open, the Wenzhou city government departments submitted to the NPC Financial and Economic Committee of Zhejiang Province, research report: "large-scale enterprises in Wenzhou in 2500, 29.1% of the enterprises underemployed, and 10% in the suspension state . "in Wenzhou, Zhejiang Province People's Congress yesterday to a" Daily Economic News "said the 2009 quarter data show that 39.1% of total enterprises are still stopped or semi-between.

Field trips from the press point of view, Longwan District in Wenzhou, one after another, all over the shoe, leather, copper processing enterprise buildings, from a distance, will think this is a ghost town?? Workshop space swing of the window is empty after dark; in red dragonflies, and other gatherings Aokang Yongjia County, Wenzhou Industrial Park, many of the street is a hive, a lively, recruitment notices seems to have become a small plant size-fits-maker " Menlian. "

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