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Rising Labor Costs Will Affect 70% Textile And Garment Enterprises

2011/6/23 15:53:00 72

The head of a textile enterprise listed company said that the tighter the monetary policy of the country, the higher the deposit reserve ratio was, the more the 0.5% banks did not lend to SMEs.

enterprise

We have to choose three or four points of high interest loans, which hurt a lot.

"For enterprises, policies should have a digestion process.

All of a sudden, lending to small and medium-sized enterprises stopped lending, which had a great impact on enterprises. Many enterprises had no money to buy raw materials and no money to pay wages.

He believes that tightening monetary policy can also increase interest rates by raising interest rates. The pressure on SMEs is too high. After all, SMEs in the textile industry are more and more.

capital

Sources of difficulty are getting bigger and bigger, so they have to turn to private lending with high interest rates.

according to

Wenzhou

In May, the SME lending rate in Wenzhou was generally 5 to 6 in 1 months, and 3 to 4 in 3 months or more.

In addition, in 2010, the scale of private lending in Wenzhou was around 80 billion yuan, and now it has exceeded 100 billion yuan.

Small and medium enterprises that borrow money from banks do not have to pay attention to private lending.

"For those who have orders, they are in normal operation and should be lending normally."

The listed companies executives said that most small and medium-sized enterprises generally indicated that it was difficult to support, and some of them had stopped production.

In addition to the high cost of financing, the cost of employment is also rising.

According to enterprises in Jiangsu, Zhejiang, Guangdong and other places, factory recruitment is only seven or eight of the previous year, and some even less than 50%.

In the Yangtze River Delta and the Pearl River Delta, wage increases generally range from 20% to 30% this year, showing a continuous upward trend of rigidity.

CIC securities analysis report pointed out that the current labor costs rise 20%-30% will affect the textile and garment industry 70% of the enterprises.