The difficulties of SMEs - the difficulty of the State.

Recalling the history of reform and opening up, people have much to say, "left" and right views are, say, or even a heated confrontation. .With the process of reform and opening up as a grown up entrepreneurs, we also look at three years. .In our view, perhaps the theory of color rarely, there is a real self-understanding. .To simplify complex issues, like most things the entrepreneur. .Summarize the course of three decades of reform and opening up, in my view, on the whole did three events. .<P> First issue is to the right of farmers to the cultivation of land or a dominance back to the farmer. .The second big thing is to allow foreigners to China to set up factories in sub. .This is what we have said to attract foreign companies or joint ventures. .The third major event is the Chinese people can do business, they can do the factory, can be a businessman, when the entrepreneurs. .Enterprises with different SMEs, local administrative officials the birth and development of China's reform and opening up one of the greatest achievements and promote China's economic development process, to make a Chinese middle class, its influence will extend at least three years. .<P> Its flexible mechanisms for SMEs, and strong vitality and ability to adapt to the market in stabilizing the economy, creating jobs, exports and the provision of social services, plays an important role, has become China's economic development and the construction of three decades .the main force of innovation-oriented country and an important foundation for national economic development. .<P Align=center> SMEs in the present difficulties and closures <P> vigorously Memorial in the thirtieth anniversary of reform and opening up, reform and opening up one of the most important results, China's largest source of jobs and tax revenue - .even small and medium enterprises face unprecedented closures, support for three decades, "China's economic miracle" of the small and medium enterprises has now become the object of sacrifice. .<P> According to statistics from related departments, enterprises have closed down this year, more than 67,000, and I believe that this is just the tip of a prelude to the financial collapse. .Why there closures of small and medium enterprises? .At the macro background, from last year's U.S. subprime mortgage crisis triggered a chain reaction of economic recession the U.S. appears, this impact, the economic development of the European countries have begun a bit tired; from the situation in China, the RMB exchange rate .changes in raw material price inflation, labor costs increase, tightening to make it more difficult to finance a variety of factors, most directly affected in the industrial chain of low-end small and medium enterprises survive. .These are the reasons, but the underlying reasons behind the recent years is increasingly tight pressure on the resumption of private economic policies. .<P> China over the past three decades, there is one every three to five years of macroeconomic regulation and control. .Although each is followed by "macro-tight control of private enterprises," the logic, (http://finance.) Vitality of small and medium enterprises are the most tenacious. .Every regulation comes, they can always legal or illegal means to protect themselves, to which the gap to find survivors. .And this regulation, there will be closures Why it? .<P> 1998 years of macro-control is a result of the Asian financial crisis of the consumer market downturn, the central government by starting real estate, the activation of domestic demand, and thus led to the prosperity of the heavy chemical industry; in 2004, it is because the upstream .industry appeared overheated investment, decision-making for the selective punishment, will enter the steel, cement and electrolytic aluminum industry push back one by one private enterprises, while the real estate industry in a short time to control credit, in order to achieve a soft landing for the economy .. .The scene is completely different, the two most important new features: First, there never happened fifteen years of inflation, the second is the growth of foreign trade caused by RMB appreciation pressure control into a dilemma: shrinkage of external demand, domestic demand is not .up. .In other words, this time is the lack of power to stimulate the domestic demand. .As a result, small and medium enterprises to become the object of sacrifice. .<P> Tightening financial regulation and credit finance for SMEs is causing the closure of the direct cause strand breaks. .For most SMEs, despite the current severe economic pressures encountered, the cost of higher output, but as long as bank credit to help companies adjust product mix according to market demand, or you can weather the storm. .However, the country's bank credit is generally "Xianpinaifu", only "worse" can never be "timely." .Objectively speaking, the banks they could not be responsible for all the banks. .The country's macro control policy, raising the deposit reserve several times, resulting in contraction of banks, coupled with the responsibility of bank credit for life and some ridiculous policy that banks only willing intention of both insurance and high efficiency type of large state-owned monopoly enterprises or .national key projects to extend credit, and SME Bank has become a "hot potato", a sign of trouble to cause fear of recovering loans and less than the loss the bank itself. .<P> Small and medium enterprises obtain bank's normal credit, in order to continue to develop, it will inevitably turn to private capital. .This certainly gave birth to the civil illegal fund raising and the prevalence of underground banks. .By underground banks, the high rate of loan the only means to maintain their business, the current lending rate of underground banks is 22% or more, small and medium enterprises which will certainly aware of the interests of blackmail, but to maintain the normal operation of enterprises, .can only harm than good. .<P> Strange thing is, our government seems indifferent to this. .The most regrettable is that there are a number of scholars, even as the situation of forcing the emergence of the so-called theory of industrial upgrading for SMEs under. .In science and technology and national economic conditions do not meet the requirements of the situation, again forced restructuring of SMEs, to affect tens of millions or even hundreds of millions of employment, must be national disaster. .So, seeing the SME closures in terms of a wave after wave of pain do not think of saving policies, is also a national disaster! .<P>.