Probe into the jewelry business closures truth , China jewelry

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diffuse the global economic crisis, the collapse of many manufacturers in various industries. Brutal environment, China's jewelry industry, the growth rate slowed down, profits are diluted, enterprises are facing a severe crisis of survival. In the next three to five years, 70% of the jewelry of SMEs in the doomed. current weak market, rising costs continue to rise in the RMB exchange rate Since the 2008 outbreak of the global financial tsunami continues to this day, the jewelry business failures continued unabated, small and medium-sized jewelry enterprises in 2012 can be described as There are internal and more external factors. external closures First, labor costs rise. Rely on cheap labor as a competitive advantage, companies have been hit hard, and did not complete the upgrading of enterprises, competitiveness is not achieved, enterprises face a lack of the ability to resist death robbed become a necessity.

domestic macro-control, monetary tightening. Countries continue to raise bank reserve ratio, the compressed size of loans, SME loans, financing difficulties, a large number of small and medium enterprises because of a shortage of funds, inability to carry out industrial upgrading and transformation, and find themselves in financial difficulties. Third, the sharp appreciation of the RMB. Since 2005, the sharp appreciation of the yuan, which directly resulted in the export enterprises Sheng Sijie. Original profit was offset by exchange rate movements clean, and even become negative. Some enterprises orders when there are profits, when you become a money-losing Delivery checkout. These companies do not have to save themselves the strength, but also do not want to upgrade only choose to close down in transition. the prices of raw materials.

Chinese jewelry enterprises in the increasingly tense situation in the domestic environment, caused mainly due to rising prices for raw materials prices rose, the sharp rise in the cost of production and operation, it is worse. Fifth corporate taxes and hidden costs are too high. Lang, an economist, once said: China's tax burden is the world's second after France, the domestic market environment, however, was not as mature as in France, the national welfare falls far short. Countries, despite the introduction of many helping SME policy, but on vastly different to the grassroots.

Sixth poor business environment. Rising rents, the transport price increases, caused by the increase in the cost of doing business, resources such as water, electricity prices, energy supply tension caused by rising manufacturing costs, the jewelry enterprise information technology can not keep up development, the industry reshuffle evident. seven falling profits. Jewelry foreign trade alone has always been a small profit, profit of about 5%. But this is just gross profit, considering inflation, net of interest, the impact of the appreciation of the renminbi, in fact many are zero profits. The market is unable to reach the expected value of the deep-seated reasons many companies can not make money, in addition to the macro-environment, the vicious competition.