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Fuyao Chairman Cao Dewang: no shortage of funds for SMEs - metal cutting machine by weqfwer rgetfg





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Fuyao Chairman Cao Dewang: no shortage of funds for SMEs - metal cutting machine by
Article Posted: 04/08/2011
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Articles Written: 1394
Word Count: 870
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Fuyao Chairman Cao Dewang: no shortage of funds for SMEs - metal cutting machine


 
Business,Business News,Business Opportunities
Davos Annual Meeting New Champions 2009 ("Summer Davos") held in Dalian, including 100 dignitaries from 86 countries worldwide, including 1,400 guests attended. The annual theme of "Summer Davos: Revive growth. "As the official network partner, Tencent network broadcast live on the third Summer Davos grand. Following Fuyao Glass Industry Group Co., Ltd. Cao Dewang exclusive dialogue with Tencent Financial Record.         Host: Hello, everybody Tencent network users, linked network of Davos Tencent special report here the scene, and now into our interview room is Fuyao Glass Industry Group Co., Ltd. Caode Wang, Chairman, Hello.         Cao Dewang: Hello.         Moderator: The Davos to participate in what topics will want to know, what you are interested in?         Caode Wang: I am interested in anything.         Moderator: National Bureau of Statistics today released the statistics in August, CPI decreases reduce some of the previous month, and many economists believe that second half of the Chinese economy this month as the turning point, how do you view China's economic development trend of second half ?         Cao Dewang: If only that in the second half, is now in September, I believe this year will be good, because there is an inertia to run an economy issue has been pushed from April, the car is already very fast pace, and the inertia continue.         Moderator: We export large, have not been affected in this crisis?         Caode Wang: We have not been affected this year, we have not the same as with other businesses. Greatly with the domestic export volume growth, although the benefit is same as last year, 1-6 months are so, but we yield than the same period by more than a dozen, 20, is mainly why? Because the impact of RMB appreciation, coupled with price cuts affect the customer, in this case, the benefits do not have much impact. Increase in throughput, coupled with through energy saving, self-sufficient approach to business to obtain good results.         Moderator: We have brand enterprises in the private enterprises have been playing out in the next few years for us to do what you planning, including investment and development?         Cao Dewang: the current situation, we are the first major Chinese auto plant investors, our investment in development around the car to meet them, and planning in this regard in accordance with the increased vehicle production increased investment, in addition to investment than any other automotive glass additional planned investment.         Moderator: This has been our country's export-oriented economy, the state is to the financial crisis, domestic demand and more towards the direction of the economy, our exports will be reduced in the future some of this piece of the supply at home?         Cao Dewang: That is a good thing. Domestic demand, domestic demand will not pull you say a few words, and the market economy is to sell him something to do, first of all consumer groups have capital spending will be driven action. According to the current situation, the domestic consumption of country-based, national consumer had to take money the state does not take money, there is no consumption. We should like to how to promote private consumption, if they achieve this goal, there may be some time through specific means, a balanced distribution. Put out some money to mobilize people to where there is no money to spend.         Moderator: The financial crisis in the Yangtze River Delta, Pearl River Delta has brought many small and medium private enterprises in many crises, many of which are discontinued, or is the half-suspended, and we developed very well, you can make some suggestions to the private enterprise like how to fight the risk?         Caode Wang: I do different things with them, different industries, mainly clothes, shoes, hats, toys and other end products, dependence on these big end market, then there is no money to buy finished. I did the original mass production of automotive products, mass production of glass, their high degree of automation also brought me many opportunities, I can not be compared with them many things, to our case inappropriate in dealing with Chinese issues.         Moderator: When you start-ups have now encountered the problem of financing SMEs encounter?         Caode Wang: Of course. SMEs are not short of money, I see many articles for SMEs Mingbu Ping, said SME lending money, as long as you have a product, market, value, funding, whether it is no problem of liquidity or capital Kindu, If the problem is definitely your problem, you are not familiar with the operation of the capital market, and now the world is in the process.         SMEs are now faced with social, market and sell their products when people do not really need the money, Chinese money people products they do not.         Moderator: It should be said that their structure to be adjusted.         Cao Dewang: adjustment is useless, the Chinese do hat on his head, to do better, the rich do not buy. Or to buy luxury goods abroad, some to buy brand-name, he did not do a thing with the rich, no money, those who can not afford. This issue.

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