Home >

Guerrilla Warfare In China'S Economy

2011/8/1 12:01:00 58

China Economic International Standard Estate Developer

The year 12th Five-Year was half past. China's economy grew by 9.7% in the first quarter and increased by 9.5% in the two quarter. Experts pointed out that considering the growth dividend brought by urbanization and independent innovation, China's economic growth prospects are still considerable. Seen from various situations, China's economy has avoided a "hard landing". But how to embark on a more scientific development track, we need to inject greater wisdom and art.


   China's economy advances with difficulty


From Shaanxi to Gansu, crisscrossing highways that meet international standards are impressive. Reporters saw that in the western two or three cities, scaffolding is still in place, real estate developers are moving to the market here. Investment in transportation infrastructure and real estate is often regarded as one of the main driving forces for the western region's economy.


For more than 30 years of miraculous growth. China's economy This is not necessarily a phenomenon of exultation.


At the same time, local government debt has also set the alarm for the existing development mode. According to the data released by the National Audit Office at the end of June, as of the end of 2010, the balance of local government debt of three provinces, cities and counties in China was 10 trillion and 717 billion 491 million yuan, which accounted for 1/4 of GDP in that year.


Some analysts believe that relying on the good financial position of the central government and nearly $3 trillion and 200 billion in foreign exchange reserves, local government debt will not pose a substantial threat to the security of China's entire banking system, but the role of investment in the economy will definitely weaken every year.


In the vast but relatively barren West, reporters also saw the rising consumption. Many petrol stations are lined up with long queues of cars, which are crowded with supermarkets. At Tianshui, which is located at the junction of Shaanxi, Gansu and Sichuan provinces, Econo Hotel JinJiang Inn opened its first chain store in the city this year.


But, on the whole, local consumption is hard to say. Many citizens have shown that they are very worried about inflation and are still trapped by high educational and medical expenses.


Statistics show that in the first half of this year, the total retail sales of consumer goods increased by 16.8% over the same period last year, down 1.4 percentage points from the same period last year, and the actual growth rate dropped further.


In the southeast coast of the traditional Chinese economy, export slowdown, small and medium-sized enterprises operating difficulties, labor shortage and other issues are more prominent. Since the two quarter of this year, the severe foreign trade situation has caused Chen Cangsong, vice president of Hongyuan Group, a leading cotton enterprise in Quanzhou, Fujian. {page_break}


   "Stimulation" of Urbanization


In the interview, some experts believe that China's economic growth prospects are still considerable, because unlike Europe and the United States, China is still in the direction of agricultural society. industrialization And the rapid development of urbanization.


China has experienced the largest urbanization process in history in the past 10 years, and about 170 million farmers have become citizens. To reach the level of urbanization above 70% of developed countries, at least 360 million farmers are needed to become citizens.


Wang Jun, Vice Minister of research and consultation of China International Economic Exchange Center, said that 360 million farmers will become citizens, first of all, which means investment needs for infrastructure and basic public services. The Chinese government plans to build 36 million affordable housing projects from 2011 to 2015, to achieve wider coverage of medical insurance and pension insurance, and other measures that will drive investment and boost the economy.


Some experts believe that if 50 square meters of the size of the housing area, each change of 1% of the social identity of farmers, the need for rental housing 7 million units. In this way, even if China's annual export rate is zero, it can guarantee annual GDP10% growth. On the other hand, a large number of farmers will also bring huge consumption demand to citizens.


However, urbanization is not a sufficient condition for China's sustained economic growth, but also needs the promotion of various comprehensive supporting systems.


   Transformation And the challenge of innovation


Structural adjustment seems to be fading away from the focus of attention when price fixing becomes the top priority and economic growth is falling. But as the experts have repeatedly reminded and emphasized, accelerating the transformation of the mode of economic development is the main line of "12th Five-Year". Optimizing the economic structure and improving the capability of independent innovation is the key to the long-term development of China's economy.


Many enterprises, especially the eastern enterprises, are also making efforts in this regard. Chen Cangsong told reporters that in order to get rid of the cheap order "dependency syndrome", the group is working with the Institute of chemistry of the Chinese Academy of Sciences to speed up the project of "new bamboo fiber textile materials" and strive to reduce the capacity of traditional cotton textile products as soon as possible, and shift the focus of the enterprise to the opening of new textile materials.


Two years ago, Fujian Tang Li Electric Power Equipment Co., Ltd., which mainly exported diesel generators, was hit by the financial crisis. Orders from overseas declined sharply, so that Huang Mengcai, general manager of the company, still had a lingering fear.


"Enterprises should not put all their eggs in one basket and focus on export business." Huang Mengcai said. Since then, Tang Li has accelerated the introduction of green energy saving technologies, developed natural gas generating units, and vigorously expanded domestic trade. At the same time, it has continued to stabilize external demand by laying its own marketing network overseas.


HUAWEI technology limited, headquartered in Longgang, Shenzhen, is a model of innovation and transformation. The company has announced that by the end of 2010, the company had more than 110 thousand employees from 150 countries and regions, of which R & D personnel accounted for about 46% of the total number of employees.


However, from the overall situation, the difficulties are still not small. Heilongjiang inter tech technology development Co., Ltd. is a computer information technology enterprise. A multifunctional CNC lathe developed by the company has been applied to the national invention patent. "It can be said that our lathe technology has reached the advanced level of foreign countries, but it has difficulties in capital operation, and the good things developed are hard to be industrialized." Company chairman Liu Zhaodong said.


In addition to financing the "big problem", various internal and external costs continue to rise, also suffering Chinese entrepreneurs. Whether in traditional manufacturing industries such as textiles, toys, shoes and hats, or in the emerging industries such as electronics, information, medicine, and new energy, the same problems lie in front of different industries.

  • Related reading

Textile Enterprises In The First Half Of 2011 Cope With Difficult Situation Pformation Strategy

Market trend
|
2011/8/1 10:07:00
59

Chairman Of The US State: Zhejiang Manufacturing Enterprises Will Not Collapse In Large Areas.

Market trend
|
2011/8/1 8:43:00
71

Does The Price Of Clothing Rise Or Fall?

Market trend
|
2011/7/30 8:42:00
57

India Denim Falling Price Profits Hit

Market trend
|
2011/7/29 16:49:00
51

Argentina Requires Garment Importers To Export Equivalent Products.

Market trend
|
2011/7/29 16:45:00
45
Read the next article

Gui Mei, A Japanese Wedding Designer, Officiated At The Wedding Of The Earthquake Victims.

Recently, 10 new couples from Fukushima Prefecture were greeted in the Church of the stained glass museum in the city of Kusu, Japan. I believe we all remember vividly the "311 Japanese earthquake", which caused damage to the earthquake, and the new people who are preparing to enter the marriage hall have to postpone the wedding because of the earthquake.