| According to report: "Since the second half of 2008, | | | | Wenzhou, in the face of this unprecedented financial |
| affected by the impact of the global financial crisis, | | | | crisis, some enterprises to make timely adjustments, |
| China's economic slowdown, market demand, product | | | | mainly in one hand, the redistribution of resources, |
| prices fall, profits fell sharply, sales to production | | | | not only between the enterprise, but also in business |
| disruption, coal, electricity elements weaker demand. | | | | to business performance , so not only to market risk, |
| With the financial crisis transmission, sluggish domestic | | | | but can enhance the market competitiveness of |
| demand, external demand is suppressed, the power | | | | enterprises; the other hand, would choose to |
| industry be hit. "crisis, half of the power industry for | | | | changing products, the products open a new path, or |
| the occupation of the" Electric City "Willow City, | | | | temporarily suspend production, consolidation of |
| Zhejiang Province Electric Power Company, there are | | | | internal resources, recharge your batteries, when the |
| How much impact? How to respond? | | | | timing is better, then a repeat of the market. Of |
| Zhejiang Electric Association Secretary-General, Mr. Hu | | | | course, the arrival of the financial crisis, but also a |
| Liben told us that the financial crisis to Liushi electrical | | | | direct result of a small number of business failures, |
| enterprises, especially Low Voltage Enterprises had | | | | which is now the industry reshuffle phase for the |
| been hit hard, the domino effect began to appear in | | | | electrical industry is not necessarily a bad thing, for |
| the industry. From October 2008 began, the | | | | the promotion of industry, the rapid escalation of |
| industry's sales decline in export orders decreased; | | | | practical significance. |
| 11,12 a two-month decline in production; some | | | | For the economic crisis, Zhejiang Electric Industry |
| enterprises workers ahead of a holiday, there are | | | | Association held a special study measures the Council |
| some though not yet a holiday, but the | | | | and to the company made several recommendations: |
| implementation of the rotation to work system will | | | | (1) do the transformation and upgrading. Not because |
| no longer work overtime at weekends. This is | | | | of the economic recession that led to the electrical |
| different from the previous year-end situation in full | | | | industry, but the problem has existed, when the |
| swing. Nevertheless, the power industry and | | | | financial crisis, the problem will be highlighted. |
| Wenzhou Other Such as textiles, shoes, etc. than a | | | | Wenzhou electrical products industry is not high tech |
| dozen major industries affected by the degree | | | | in general, can not withstand the economic impact is |
| remains the least. Electrical products, production, | | | | difficult to win in fierce competition. Low-end |
| sales, production, etc. still ranks first in more than a | | | | products are not named "low", not fake, not poor |
| dozen major industries. In 2008, Wenzhou entire | | | | quality, but the grade is not high. The so-called |
| electricity output of about 620 million, an overall | | | | scientific and technological content is not high, the |
| increasing trend, but the growth rate declined over | | | | ratio is not high tech. If electrical appliances are |
| the past 10 to 13 percentage points. | | | | divided into high, middle and low grade, then the |
| Compared with the national, private enterprises in | | | | products are low-end products in Wenzhou, the |
| Wenzhou hardy, rarely failing, the main reasons were | | | | market, while significant, but because technology is |
| the following: Wenzhou private enterprises are "wild", | | | | not high, competition is fierce. On the one hand the |
| the native has the ability to adapt to changes in | | | | international front, China's accession to WTO, |
| external environment and the ability to resist risks; | | | | international companies such as old appliances ABB, |
| reform and opening up three decades, accumulated a | | | | Schneider, Siemens and so moved to "house" |
| great wealth of Wenzhou, about 1.2 trillion investment | | | | production, and by virtue of their strength, brand, |
| in fixed assets, private capital is about 600 billion, with | | | | technology occupied 70% of the domestic high-end |
| the material basis risks; the private economy in | | | | market Now they have infiltrated into the low end, |
| Wenzhou has a flexible system that can quickly | | | | so low-end products in the market of Wenzhou on |
| changes in the external environment, adjust their | | | | being dangerous, "cake" will be cut away; the other |
| strategies; Wenzhou tide of the market economy | | | | hand, the original base of several major domestic |
| has experienced numerous ups and downs in time to | | | | appliances such as Tianshui, Xi'an, Foshan, Guangdong, |
| avoid risks; Wenzhou businessmen have a number of | | | | Shanghai, Shenyang and other places state-owned |
| outstanding teams, they have been through the | | | | enterprises, due to the impact of production is not, |
| baptism of the market economy, determination, | | | | but after the past few years restructuring the past, |
| perseverance tenacious. | | | | production has increased, exacerbated by the |
| This legend with the outside world 20% of collapse | | | | industry competition. |
| completely false. Predictability of strong enterprise in | | | | |