Wenzhou'S Private Economy Has Reached Its Most Difficult Time, &Nbsp.

Recently,

Reporters rushed to Wenzhou to visit the local private enterprises to survive. Many small business owners complained about "business is difficult to do", and "run" has become a part of the business owners helpless choice, and even private enterprise owners because of overburdened jumping.

Various signs confirm that the above events are related to local private lending.

Believe it or not, reality is there.

Wenzhou's private economy, once brilliant or even miraculous, is now facing the most difficult moment in history.

Visiting Shoes Capital: shoe factory closures have become normal.

Located in the west of Wenzhou, the Double Lane Village is known as the "shoes capital of China", which is a miniature of Wenzhou's private economy.

In Wenzhou, there are many specialized towns like Shuang Yu village, including Wenzhou glasses.

There is a huge arched gate in the village of Shuang Yu village. When the reporter entered the gate by taxi, the taxi driver pointed to the endless factory. He said, "thousands of acres of land are all shoe factories."

Yesterday coincided with the festival. All the workers in the park were on holiday. This also made the flow of people not as wide as they were.

According to the park managers, the floating population in Shuang Yu village is about 200 thousand, about 4500 in size and shoe factories, while the peak period has nearly 6000, and the number of migrant workers is more than 300 thousand.

Along the main road in the park, both sides of the road are shoe factories, extending to the end of the road.

Among these shoe factories, there are many famous brands such as "XTEP", "noble bird" and "Nike".

However, the reporter noticed that there were few advertisements for recruitment at the gate of the factory gate.

Wang Ke, a migrant worker from Zhoukou, Henan, told the Morning Post reporter that he had been working for "shoe capital" for three years. Since the financial crisis in 2008, almost every month, shoe factories have been closed, "usually small factories with hundreds of people."

A shoe factory official who did not want to be named said to the morning paper reporter on the phone that "there is a lot of pressure on the enterprises now", mainly due to the doubling of labor costs. In addition, it is almost impossible to borrow money from banks. Lack of liquidity leads to obsolete equipment, and the labour force is often faced with a dilemma.

On the other hand, although the monthly income is close to 3000 yuan, Wang Ke, who is dyed with yellow hair, still feels that "it costs too much outside, and when the factory closes, it will go home."

Such a disorderly operation not only happens in the "shoes capital", but the whole private economy in Wenzhou is infected.

Statistics show that since the beginning of this year, Jiangnan leather, Portman coffee, three flag group, Zhejiang Tianshi electronics, JU Bang shoes, Jinchao electric appliances, Nataunglau shoes materials, bor household appliances, and Zhejiang Xintai group owners have been playing the missing "running road", and a number of small and medium-sized enterprises have gone bankrupt like tide.

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The shoe factory owner is curious about jumping off the premises, and is suspected to be associated with usury.

In the two phase of No. 1 of "China Shoes Capital" in Shuang Yu village, a shoe factory called "Zheng Deli" is closed and the factory is empty.

From time to time, the onlookers looked inward, and the doorman waved and said sadly, "the boss has jumped down, and everyone is gone."

On the afternoon of 27, around 2 p.m., it was in the 5 floor of the "Zheng Deli" shoe factory, where the boss of 4 enterprises, Shen, fell from the height.

Subsequently, the local labor bureau handled the remaining wage payment for employees.

Mr. Huang, from Jiujiang, Jiangxi, has been working under Shen's hands. From ordinary workers to technical workers, he has never been convinced that his boss will jump down. "There is no sign in advance."

Mr. Huang said that Shen had just bought a piece of land in the three stage of "shoe capital", and plans to add factory buildings and renew equipment.

According to Mr. Huang, "profit" has not been very good since four or five years ago, and last year there was a turning point. At that time, one of the lorries entering the factory was carrying shoes.

But after the Spring Festival this year, the production and operation of the factory fell into a low ebb, but the boss always paid the wages on time, and the order was also continuous. Now there are about more than 2000 workers in the factory.

A number of "positive profits" employees told the Morning Post reporter that Shen boss jumped out of the building related to usury. Shen borrowed money from usury to repay bank loans, while bank loans had not yet been paid off, and he hoped that banks would continue lending.

At this point, the creditor came to the house to make a debt, and finally he chose to jump off the building and commit suicide.

Mr. Huang introduced a video surveillance video after the incident. Five or six creditors had come home to collect debts before the incident, and Shen boss did invest a lot of real estate projects through private financing.

For the death of Shen boss, another employee claimed to be related to gambling, but this statement has not been confirmed.

Zhou Dewen, President of the Wenzhou SME Promotion Association, said that behind the jumbo building incident, Wenzhou's private lending has been unprecedentedly active, leading to a series of incidents such as the absconding of the owner, the suicide of a suicide building, and the closure of a large number of small and medium-sized enterprises due to the broken capital chain. "Now, the Wenzhou private economy has come to the most difficult time.