And his two countrymen were living less and less in the factory.

Being lower and lower, it doesn't make any sense to go any further. "

For a time, there was panic.

Despite the fact that officials at all levels have come up with rumours and appealed to people to increase their confidence, the news of the collapse of large enterprises from time to time, the decline of GDP growth rate and the national stimulus package have all worried about China's economy, especially manufacturing.

How to get out of difficulties and achieve breakthroughs is a major issue related to the overall economic outlook and the future development mode.

It has caused the collapse of Chinese enterprises.

In fact,

The crisis began to emerge in the early 2004.

At that time, there was an unprecedented "shortage of migrant workers" in China's large population, and many enterprises in the Pearl River Delta and Yangtze River Delta could not recruit enough manpower. This is obviously a wake-up call for China's manufacturing.

After experiencing initial confusion, most enterprises were forced to raise wages to enhance attractiveness, and the increase in statutory minimum wage also increased the cost of employment.

Since then, the RMB pair

The total appreciation has been around 20%.

This increases the price of products exported to the United States, while the processing fees paid in US dollars are reduced. This makes many enterprises profit from the original large profits, or even lose money and go bankrupt.

But rising costs do not necessarily lead to factory closures.

The cost of Nike shoes is also rising. Why not go bankrupt?

Made in China is just ordinary shoes, or just for Nike and other famous brand foundry. In this field, China is faced with competition from many countries, and prices are naturally not going to go.

Low profit and poor ability to resist risks, the external environment will be affected if there is any trouble.

The most immediate consequence is blind expansion and overcapacity.

According to the third national industrial census, more than 80% of the main industrial products in the country are over productive or overabundant.

At present, China's capacity accounts for 70% of GDP, and consumption accounts for only 35% of GDP. The remaining half is "export earning", which can only be digested by someone else buying your products, while the United States digests 70% of it.

If Americans change the concept of "living within their means", China's economy will suffer a major blow immediately.

Indeed, the consumption demand of Americans has been reduced, orders have shrunk, and many enterprises have not started to work. Therefore, the financial crisis has become a scapegoat for many companies to invest blindly and expand blindly.

But at best, this is just the last straw to crush camels. Many manufacturing enterprises are eliminated sooner or later. The financial crisis only accelerated the process.

It has created a good opportunity for China's manufacturing pformation.

At a time of economic prosperity, the pformation of the mode of economic growth will probably become a futile slogan. Only under the pressure of external crisis can the pformation be realized without pformation.

But it may also be a wishful thinking. Everyone knows that upgrading can not be accomplished overnight. The so-called "Teng cage for birds" and "double pfer" are just a beautiful vision. There is no substantial content. But now the collapse of the tide is going on and on. How to stabilize these enterprises in a very short time is a big problem China is facing now.

After all, in China, economic growth bears too much political and cultural content that should not be borne.

Since August 1st this year, China has raised the export tax rebate rate of some textiles and clothing from 11% to 13%. The adjustment will raise the export tax rebate rate of some textiles and clothing to 14%, and the export tax rebate rate of some toy products will also increase to 14%.

The General Administration of customs also issued a circular to suspend the "real pfer" policy of the restricted margin accounts for processing trade, so as to ease the financial pressure of processing trade enterprises and maintain stable growth of foreign trade.

When the global economic downturn is involved in China's exports, it is necessary to ensure moderate export growth through policy pullbacks, but it must be clear that the fundamental way out for China is pforming.

As premier Wen Jiabao emphasized in his research in Dongguan, we should combine the problems and challenges faced by small and medium enterprises with the long-term and sustainable economic growth mode of China's economy. Otherwise, in today's economic globalization, we can only survive through the winter, even if we rely on the help of financial expenditure. However, once the external shocks are encountered in the future, our economy will still face a more severe economic downturn because of the lack of core competitiveness and the structural adjustment of economic structure.

This is because China has formed the corresponding industrial chain, the quality of the labor force is high, the infrastructure and other supporting systems are perfect, and pferred to the countries or regions where the labor cost is lower. It is not necessarily cost-effective for the enterprises. Another real reason is that the number of labor force in China is very large. At present, it is considered to be a hot area to undertake industrial pfer in China, such as Vietnam, Kampuchea and Eastern Europe. The land is narrow, the number of labor force is very limited, and the pfer factories can also be very limited, which is bound to have a large number of factories to stay in China.

The only thing is labor.