Quanhuizhou Merchants Actively Explore Ways To Deal With Crises

A few days ago, more than 200 Anhui entrepreneurs gathered in Quanzhou to celebrate the 1st Anniversary establishment of Fujian Anhui chamber of Commerce and discuss how SMEs respond to the financial crisis.

Xu Fan, Secretary General of Anhui chamber of Commerce in Fujian Province, said that Quanzhou's good entrepreneurial environment attracted more than 40 million emblem personas. In recent years, venture capital has accumulated more than 2 billion.

He said: "under the global financial tsunami, Huizhou merchants and Fujian businessmen have exchanged with each other to complement each other and promote economic and social development in Fujian and Anhui provinces."

Yin Xiaobo, director of the Institute of sustainable development and urban economics and professor of Huaqiao University, told reporters that in the face of the current economic situation, SMEs can not wait and see, they should dare to "lose weight", save costs, carry out process reengineering, and benefit from lean management.

He said: "before the enterprises may only face a single international market, now we must consider the integration of international and domestic markets."

He said that enterprises should reduce inventories, raise the rate of capital recovery, and increase the bargaining power of products with small ideas.

Internationally, logistics costs account for GDP10%, while domestic accounts for 20%.

"This gives companies great room for improvement.

Of course, there is no way for a single enterprise to improve. There must be a big idea of logistics integration.

Yin Xiaobo said.

It is understood that today, about 800000 "new Huizhou merchants" all over Fujian, in textile, clothing, building materials, footwear, electronics, trade, tourism, printing, advertising, stylistic supplies and circulation industry, has made positive contributions to Fujian's economic development.

Editor in charge: Yang Jing