(Mid-Year Economic Observation) How did the small and medium-sized micro-organizations in the special period break through the "life and death line"?
China News Agency, Beijing, June 24 (Reporter Wang Enbo) Since the outbreak of the New Coronary Pneumonia, due to factors such as delayed construction and shrinking demand, many Chinese small and medium-sized enterprises have faced increasing financial pressures and are walking on the "life and death line."
Zhejiang Fleck Foundry Technology Co., Ltd. is one of them. This small and micro enterprise located in Lishui, Zhejiang Province is mainly engaged in explosion-proof motors and mechanical castings. The sudden outbreak broke the original plan: on the one hand, 50% of the workers came from Wenzhou and Anhui, Sichuan and other places, until gradually in place in mid-March; on the other hand, transportation was blocked, the company’s raw materials could not come in, and the products could not get out .
But in the eyes of Huang Guoping, the principal of Fleck, the adversity is temporary. "During the epidemic, various policies for benefiting enterprises were introduced one after another, and the first thing we thought about was how to save ourselves." In order to achieve breakthroughs, the company plans to strengthen the "blood-making" capability, introduce advanced equipment, enrich the product system, improve product technical content, and promote Increase market demand and profit levels.
Where does the money for self-help come from? Huang Guoping introduced that at a critical moment, the company applied for a working capital loan of 8.8 million yuan (RMB, the same below) from the Agricultural Bank of China through the Zhejiang Financial Comprehensive Service Platform for production transformation and expansion of production capacity. "I didn't expect the Agricultural Bank to contact us on the same day, and the loan of 8.8 million yuan was paid in two days."
During the special period, many small, medium and micro enterprises are struggling to break through the adversity. In the context of China's ever-increasing financial rescue efforts, there are more and more stories of successfully crossing the "life and death line".
This year's government work report stated that in order to protect the market players, the availability of loans to small and medium-sized enterprises must be significantly improved, and the cost of comprehensive financing must be significantly reduced. Data show that as of May 31, China's inclusive small and micro enterprise loans balance was 13.08 trillion yuan, a year-on-year increase of 2.83 trillion yuan, a year-on-year growth rate of 27.56%, much higher than the year-on-year growth rate of various loans.
At the same time, the relevant ministries and commissions issued special policies to guide banking institutions to implement temporary extension of principal and interest repayment arrangements for troubled small and micro enterprises in accordance with the principles of marketization and rule of law. As of May 31, banking institutions had extended the principal of 1.44 trillion yuan of loans due to 799,000 households, and extended the interest of 65.37 billion yuan of loans due to 597,000 households.
Ye Yanfei, a first-level inspector of the Policy Research Bureau of the China Banking and Insurance Regulatory Commission, revealed that banking institutions have provided refinancing support for over 40% of small and medium-sized enterprises' due loans, eased the financial pressure and liquidity pressure of trapped enterprises, and supported the orderly recovery of enterprises. Production.
In response to the "big boss" problem of expensive financing, Chinese officials have also pushed the financial sector to make reasonable profits to enterprises. It is understood that through the three methods of lowering interest rates, direct monetary policy tools to promote profits, and banks reducing fees and profits, it is expected that the financial system will make profits of 1.5 trillion yuan for enterprises throughout the year.
Special arrangements for special periods have created conditions for small, medium and micro enterprises to cross the "life and death line". But for the majority of operators, the embarrassment of "a penny beats the hero" does not only appear during the epidemic.
"To support the development of enterprises, we must take a longer-term view." In the view of Gao Peiyong, deputy dean of the Chinese Academy of Social Sciences, to support the survival and development of small and micro enterprises, we must not only pay attention to what treatment and care we can provide in the short term, but also base ourselves on it. In the long run, "for small and micro enterprises, what they care about and need more is stable and long-term institutional support."
As it said, while solving the problems at hand, we should also see that solving the financing difficulties of small and micro enterprises is a systematic project that requires comprehensive measures and long-term success.
Eight departments such as the People’s Bank of China recently issued the “Guiding Opinions on Further Strengthening Financial Services for Small, Medium and Micro Enterprises”, which focuses on long-term and institutional policy construction and aims to cultivate financial institutions’ ability and level of small and micro financial services. Through a series of measures such as the development of small and micro-enterprise financial service capabilities and the construction of credit systems for small and medium-sized enterprises, it is foreseeable that financial "living water" will better nourish the real economy and protect the growth of small and medium-sized enterprises. (Finish)