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Textile Industry Deserves More Financing Support

2008/11/25 11:38:00 21

On the 24 day, Zhao Linzhong, chairman of the ninth, tenth, Eleventh National People's Congress, chairman of the board of directors of the run group and Secretary of the Party committee, issued a proposal on the development of the textile industry from Zhejiang to the Standing Committee of the National People's Congress (hereinafter referred to as the "proposal").

It is proposed that the state should locate the textile industry from the height of people's livelihood so as to change the difficult position that the textile industry is unable to obtain loans from financial institutions.

On the 24 day, the national development and Reform Commission website announced that in November 20th, the NDRC Party group specially invited 9 people in charge of the NPC deputies, CPPCC members, NPC and CPPCC special committee to hold a forum to hear the opinions and suggestions of the delegates on the important issues such as expanding employment and promoting the pformation of SMEs.

　　纺织行业形势仍严峻

Half of Zhao Linzhong's management group is concentrated in the textile industry.

According to Zhao Linzhong, the actual degree of overseas dependence of Chinese textile industry is 30%. Once the textile export is frustrated, China's industrial development will be seriously threatened.

Zhao Linzhong said in the "proposal" that although the national policy has boosted the confidence of the textile industry, the difficulties of the industry will not be so fast, and there are many specific difficulties to be solved.

At present, the six measures introduced in November 19th, in addition to expanding domestic demand, can only alleviate the pressure on the industry, and the situation in the future is still grim.

　　从民生来定位纺织业

According to Zhao Linzhong, from the end of last year, the problem of funds has become the most serious problem encountered by the textile and garment industry.

It is difficult for textile enterprises to get loans from banks, and only through other financing channels to raise funds and maintain production, but the cost of financing is much higher than the cost of bank loans.

Although the state related loan policy grants small and medium-sized enterprises a certain amount of funds, it is not clear how to do it concretely.

It is reported that financial institutions generally believe that textile and clothing is a traditional industry with excess capacity, and some banks even put it in the sunset industry.

Although loans to SMEs do not have clear restrictions on the industry, they need to assess their business performance, while the textile and garment industry is a small profit industry, and it is hard to get support.

Under the macro control of tight monetary policy, banks have been strictly controlling the credit of the textile and garment industry, the scale of loans has been compressed, loan interest rates have been raised, and loans have not yet been pferred to maturity.

Some commercial banks even avoid seeing the name "textile" and "clothing" in the name of an enterprise.

After moderately loose monetary policy, the loan of local banks to textile and garment enterprises is still not relaxed.

Zhao Linzhong believed that, first of all, the state should locate the textile industry from the height of people's livelihood, reform irrational industrial policy orientation, set up a long-term mechanism conducive to the development of enterprises, and give more policy support to the development of the textile industry, including tax reduction, interest discount, capital injection, financing and so on.