Pearl River Delta 30% Port Enterprises Or Bankruptcy Experts Call For Pformation And Upgrading Of Enterprises
Recently, the Hongkong Federation of industry will face 30% PRD enterprises.
Bankruptcy
Xie Hong, Secretary General of Guangdong SME Development Promotion Association, said 9, part of the labor-intensive enterprises will shrink or collapse or will be unavoidable. Supporting small and medium-sized enterprises to achieve pformation and upgrading through acquisition, merger and acquisition of industrial chain will become the way for these enterprises to survive and develop.
According to reports from 9 local media, Liu Zhanhao, vice chairman of Hongkong Federation of industry, said it was subject to European and American markets.
Recession
With the double impact of Guangdong's possible increase in the minimum wage standards, 60 thousand Hong Kong enterprises will be dragged down in the PRD. At the end of the year, 30% PRD enterprises (about 1.8 000) will be in danger of collapse and contraction.
Xie Hong, Secretary General of Guangdong SME Development Promotion Association, said not only
Hong Kong enterprises
The small and medium-sized enterprises in the Pearl River Delta are facing challenges and need a long-term adjustment.
If we do not change the way of operation, even if we are not affected by all factors this year, we will face the danger of bankruptcy.
"Failure is not necessarily a bad thing. China's social pformation and upgrading must be painful." Xie Hong believes that those labor-intensive and technology deficient enterprises need to survive through pformation. On the other hand, they can enhance their competitiveness through mergers and acquisitions and other industrial chains.
According to sources from relevant departments of Guangdong Province, Guangdong will have the chance to raise the minimum wage standard again next year, and the operating cost of Hong Kong enterprises will be raised.
Liu Zhanhao said that the Hongkong Federation of industry has sent the "freezing salary increase proposal" to relevant departments of the central government and Guangdong Province, hoping to be accepted.
Xie Hong has different views on this.
In his view, as a labor relations, enterprises should not only regard labor costs as costs, but should be regarded as the competitiveness of enterprises.
As prices continue to rise, it is inevitable that employees' wages will rise.
If the risk of bankruptcy is only due to the adjustment of wages, what enterprises should do is to change the way of operation instead of reducing the wage standard of employees.
The Ministry of finance has decided to implement the new implementation rules of value-added tax and business tax from November 1, 2011.
Xie Hong believes that in view of the current small and micro enterprises are still difficult, for small businesses to reduce burdens policy still need to intensify efforts.
"The state should share the current difficulties with the private sector in order to help enterprises adjust their pformation."
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