The latest survey, in 2009 Chinese companies face the situation of late payment is more serious than in 2008, and the respondents in the Jin Sicheng that overdue payments to the buyer by the end of 2010 will not be improved. The survey was conducted by the international credit insurance and credit management services Coface, through companies registered in China issued 155,000 copies of the questionnaire feedback received after the recovery of statistical data, the agency has released 7 years straight, "Chinese enterprises Credit Risk Management Report. "
Domestic firms face the dilemma of trade
According to the survey, about 60% of the respondents said that although last year the government launched massive economic stimulus package to benefit many enterprises, domestic trade, the risk of payment default has not been so reduced, household appliances, construction, industrial machinery, agriculture and steel and metal industry is the top six for economic stimulus package to benefit the Xingye, but Zai enterprise's accounts receivable ?? statistical analysis found that, except agriculture and Yun Shu Wai, Shang Shu Feng Xian Ye industry's bad debt industry ranks Shoudiao Cha the highest.
Coface Greater China, said chairman Richard graduated, in general, subject to a deferred amount the buyer more than 2% of turnover, it belongs to dangerous levels, overdue for more than 12 months were more likely to be bad. But the survey results reflect the overdue receivables will continue to be troubled by a major problem for Chinese enterprises.
Coface Greater China Tim Johnson Yan, vice president of risk that the trading of domestic enterprises are facing a dilemma. They have to face the increasing delays in paying and payment default risk, on the other hand, due to fierce competition, they must continue to put more account transactions and to provide a longer period of up accounts to maintain existing market share and improve customer relations. Yen Tim Johnson believes that it is this dilemma, making up 36.9% of respondents believe that the situation of late payment the buyer by the end of this year, will not improve.
Export credit transfer domestic competition
Coface offers survey data show that late payment by Chinese companies last year, the situation is more serious than previously, the proportion of overdue and the overdue amount had increased. 2009 receivables overdue for more than 60 days, the average business 55% increase over 2008, while outstanding loans overdue for 6 to 12 months, and the proportion of its turnover of more than 2% of the respondents the number of enterprises, an increase of 55%, extension more than 12 months to pay the companies surveyed more than doubled year on year increase.
Bi Richard believes that this result means that if market conditions remained stable, mainland enterprises will face more bad debts owed money and even risk.
It is noteworthy that more than half of the respondents reflected the highly competitive market, leading to the buyer when the underlying causes of financial difficulties. Coface explained that, due to steep decline in foreign demand, led a large number of companies focused on the local market, intensified competition, leading companies and the face of pricing pressure on profit margins.
Coface The survey also provided strong growth this year expected to judge the industries, chemical industry, industrial machinery and electronic industry, telecommunications industry, the pharmaceutical industry in its reference list. The agency gives close attention to the needs of risk industry prompted, including textiles and apparel, paper and printing industry, as well as iron and steel and metals industry. I am a professional editor from Chinese Manufacturers, and my work is to promote a free online trade platform. http://www.chinaqualitycrafts.com/ contain a great deal of information about hp 3600 toner , samsung clp 510 toner welcome to visit!
Related Articles -
hp 3600 toner, samsung clp 510 toner,
|
