Editor's Note: In the subprime crisis in the United States in 2008, the economic crisis spread deeper, and the production capacity of the abrasives industry increased, and sales volume showed a significant decline. In 2009, the development of the abrasives industry is still confusing. We can only find the most effective information for development in the complicated and complicated phenomenon.
Economic background: restructuring, promoting transformation
At present, the global economy is now in a downturn, but we cannot judge that the world economy has entered a deep recession. Marx once said that the changes in the world economic cycle will become more and more complicated and more and more rapid. From a historical perspective, the economic cycles of different countries have both W-shaped and saw-down, and some have undergone state regulation. U-shaped, but the same point is that there will be economic prosperity and decline, and the length of this decline cycle depends on the environment of the world economy and the government's policy regulation.
In 2009, China's macroeconomic policy control will be magnificent, and the results will stand out. However, from the current national policy portfolio, it is more important to the construction of the people's livelihood security project, which will undoubtedly stimulate the recovery of the manufacturing and construction industries, and the abrasives industry attached to these two industries can overcome the difficulties. For this reason, companies may wish to make more efforts to serve these downstream enterprises.
If there are several major sectors, such as the European economy and the degree of recession in the European economy, it should be said that although the subprime crisis occurred in the United States, the extent of the recession in Europe was first and foremost in the UK, the UK’s economic growth in 2008, and the third quarter was negative. In the fourth quarter, it is also possible that the UK economy will also experience negative growth next year. The Eastern European economy is also the most difficult period since the new economy. According to the US recession, it has started in December last year. The last time there were 11 months, this time the US recession will be deeper, the time will be longer, it is possible to take the w curve, the second recession, and now it is fast down. In Brazil, Russia, India, and China, the economy is currently declining. India was above 9 last year. It is expected to be less than 6% next year. Countries like Saudi Arabia, which supplies oil to the Middle East, have also been greatly affected.
Luo Baihui, a special researcher at the China Center for International Economic Development, pointed out: This time the financial crisis is not local, but globalization. Therefore, the abrasive abrasive manufacturers that specialize in export in the past must consider the seriousness of the shortage of international market demand and start to develop domestic The sales market is over. At present, the biggest problem in the grinding industry is the lack of demand and the frustration of exports. The second is the lack of innovation, the quality of the products in the market is mixed, and there are many small manufacturers that have stopped production in the crisis. Although all countries are now greatly relaxing and greatly saving the market, but relying solely on the relaxation of loan interest rates to obtain salvation, I am afraid that they can only be rushed for a while. In this global domino-style financial turmoil, the current domestic economy has already faced upgrading, transformation and restructuring.
Industrial development: practicing internal strength, grasping environmental protection
Under the impact of the international economic and financial crisis, the government's control policies are very numerous, and the time is very dense. In addition to facing the crisis, enterprises must step up their internal strengths, adjust their structure, and promote transformation. This is an opportunity. We must maintain growth and expand domestic demand. We must take advantage of the potential opportunities brought about by this adjustment process to prepare for the next round of development. Enterprises use this period to plan well and plan our long-term development after adjustment period and adjustment period. It is necessary to strengthen the management of funds, try to improve the financial status of the company, and do not let your cash flow be reduced again and again. Therefore, we recommend that companies ensure sufficient cash flow and actively return to their own accounts receivable and payment. Companies with good reputation and strength can use the adjustment of monetary and credit policies to plan and raise funds for the medium and long-term development of the company, absorb cheap technology and talents during the economic downturn, and digest and cultivate them to seek the next Greater economic cycle development.
From the perspective of recent policies, the state will not reduce its environmental governance and control because of the economic downturn, which also highlights the government's determination to promote industrial restructuring and upgrading. In order to seek long-term development and support from national policies, the abrasives industry must work hard to make energy-saving and environmental protection articles, and seek to improve the use of clean energy and clean production technologies.
Economic background: restructuring, promoting transformation
At present, the global economy is now in a downturn, but we cannot judge that the world economy has entered a deep recession. Marx once said that the changes in the world economic cycle will become more and more complicated and more and more rapid. From a historical perspective, the economic cycles of different countries have both W-shaped and saw-down, and some have undergone state regulation. U-shaped, but the same point is that there will be economic prosperity and decline, and the length of this decline cycle depends on the environment of the world economy and the government's policy regulation.
In 2009, China's macroeconomic policy control will be magnificent, and the results will stand out. However, from the current national policy portfolio, it is more important to the construction of the people's livelihood security project, which will undoubtedly stimulate the recovery of the manufacturing and construction industries, and the abrasives industry attached to these two industries can overcome the difficulties. For this reason, companies may wish to make more efforts to serve these downstream enterprises.
If there are several major sectors, such as the European economy and the degree of recession in the European economy, it should be said that although the subprime crisis occurred in the United States, the extent of the recession in Europe was first and foremost in the UK, the UK’s economic growth in 2008, and the third quarter was negative. In the fourth quarter, it is also possible that the UK economy will also experience negative growth next year. The Eastern European economy is also the most difficult period since the new economy. According to the US recession, it has started in December last year. The last time there were 11 months, this time the US recession will be deeper, the time will be longer, it is possible to take the w curve, the second recession, and now it is fast down. In Brazil, Russia, India, and China, the economy is currently declining. India was above 9 last year. It is expected to be less than 6% next year. Countries like Saudi Arabia, which supplies oil to the Middle East, have also been greatly affected.
Luo Baihui, a special researcher at the China Center for International Economic Development, pointed out: This time the financial crisis is not local, but globalization. Therefore, the abrasive abrasive manufacturers that specialize in export in the past must consider the seriousness of the shortage of international market demand and start to develop domestic The sales market is over. At present, the biggest problem in the grinding industry is the lack of demand and the frustration of exports. The second is the lack of innovation, the quality of the products in the market is mixed, and there are many small manufacturers that have stopped production in the crisis. Although all countries are now greatly relaxing and greatly saving the market, but relying solely on the relaxation of loan interest rates to obtain salvation, I am afraid that they can only be rushed for a while. In this global domino-style financial turmoil, the current domestic economy has already faced upgrading, transformation and restructuring.
Industrial development: practicing internal strength, grasping environmental protection
Under the impact of the international economic and financial crisis, the government's control policies are very numerous, and the time is very dense. In addition to facing the crisis, enterprises must step up their internal strengths, adjust their structure, and promote transformation. This is an opportunity. We must maintain growth and expand domestic demand. We must take advantage of the potential opportunities brought about by this adjustment process to prepare for the next round of development. Enterprises use this period to plan well and plan our long-term development after adjustment period and adjustment period. It is necessary to strengthen the management of funds, try to improve the financial status of the company, and do not let your cash flow be reduced again and again. Therefore, we recommend that companies ensure sufficient cash flow and actively return to their own accounts receivable and payment. Companies with good reputation and strength can use the adjustment of monetary and credit policies to plan and raise funds for the medium and long-term development of the company, absorb cheap technology and talents during the economic downturn, and digest and cultivate them to seek the next Greater economic cycle development.
From the perspective of recent policies, the state will not reduce its environmental governance and control because of the economic downturn, which also highlights the government's determination to promote industrial restructuring and upgrading. In order to seek long-term development and support from national policies, the abrasives industry must work hard to make energy-saving and environmental protection articles, and seek to improve the use of clean energy and clean production technologies.
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