For tight enterprises, the domestic economic situation was sluggish in 2012, and the European debt crisis continued to ferment. Under the central government's "stable growth" keynote, the industry has also responded positively and spared no effort to invest in this "stable growth" campaign. However, it faces more than one or two worries: the European debt crisis, sluggish external demand, rising raw material prices, increased operating costs, and difficult financing channels...


Sound the horn of "steady growth"


According to the data of various economic indicators such as GDP, PPI and PMI, the domestic economic growth slowed down in the first half of 2012 and the downward pressure was great. In fact, as early as the end of last year, the Central Economic Work Conference set the tone of "steady growth"; from April to August 2012, the central government repeatedly emphasized that "steady growth" should be placed in a more important position.


Under the central government's slogan of "steady growth", in the face of economic downturn, the first thing that comes to mind is the old magic weapon - investment. Guangzhou, Ningbo, Nanjing, Changsha and other places have successively launched a series of major investment projects and economic stimulus policies with steady growth. Among them, Wang Zhongbing, the mayor of Zhanjiang, Guangdong, became the focus of the network because of "kissing the approval document of the National Development and Reform Commission". Indeed, this incident also reflects from a certain aspect that a new round of local investment fever in China has been launched.


Then there must be a question that has become the focus of attention from all walks of life, that is, can the stable growth policies frequently issued in various places stimulate stable economic growth? Economist Yi Xianrong proposed that "steady growth" should not follow the old path of 2008. He said that in the absence of fundamental changes in the domestic economy, the focus of the new round of economic stimulus policies is more on the long-term stability of economic growth, rather than a return to double-digit levels in the short term. growth level. There are also scholars who have raised the issue loud and clear: Should China's economy maintain "8" or its life?


In the "troika" that drives the economy, both exports and domestic demand are sluggish. In 2012, the country is also facing many pressures to stabilize its growth, and it will not be easy to achieve the annual GDP target of 7.5%.


When it comes to the fastener industry, it is not an exaggeration to use "haze" to describe the current industry situation. "Stable growth" is easier said than done.


Tight enterprises "internal and external troubles"


Fasteners - the most widely used and used mechanical basic parts in all walks of life in the national economy, commonly known as "the rice of industry". After years of development, China's fastener industry is still "big but not strong". As Tu Zhiqing, vice president of Jinyi Industry, said: "my country's production and export volume are the largest, but we are not strong. Last year, the country also spent nearly 3 billion US dollars to import from abroad."


Today, the domestic fastener industry "internal and external troubles" is facing huge development pressure. Internal worries, on the one hand, refers to the fact that domestic fastener products are misled as "two high and one capital" products, and the country's original encouragement of product exports and encouragement of domestic and foreign investment and other preferential policies have been cancelled; on the other hand, it refers to the production and operation of enterprises Costs keep climbing. Chen Guanda, deputy secretary general of Zhejiang Fastener Industry Association, analyzed the five factors that led to the sharp rise in costs for the author:


1. The labor cost in 2012 increased by 30% compared with the same period of last year. For example, the skilled workers who cost 80,000 yuan in 2011 will be 100,000 in 2012;


Second, financing costs, whether from banks or private financing, the cost is very high;


3. Inventory pressure, insufficient internal demand causes goods to be placed in warehouses, which also increases the operating cost of the enterprise;


Fourth, the cost of receiving orders is very high. For example, when participating in the Canton Fair, the cost of accommodation and booths is at least 200,000 yuan, but there are few orders received, so the more companies exhibiting, the greater the cost;


Fifth, environmental protection costs, the country's requirements for environmental protection are getting higher and higher, and companies will naturally need to invest more if they want to meet the standards.


"On the one hand, profits decrease, on the other hand, costs increase. Coupled with such a severe economic situation at home and abroad, fastener companies in 2012 only have one idea, that is, 'survive the past'. Of course, the pressure is indeed not small." Chen Guanda He lamented that it is not easy for tight enterprises to survive.


External aggression, on the one hand, comes from the impact of the international financial crisis, economic growth declines, demand declines, and corporate orders are insufficient; on the other hand, international trade frictions continue, and anti-dumping and anti-subsidy have brought huge difficulties to the export of my country's fastener enterprises.


All of these are undoubtedly extremely unfavorable to the current and future operating environment of the fastener industry, especially the export situation and the operating performance of tight companies. "Going through" will undoubtedly become the biggest wish of the tight enterprises in 2012.