Financial Crisis Influence On Export Trade Of China's SMEs

Beginning in 2007, the U.S. subprime mortgage crisis evolved into a financial crisis, the global economic environment was get worse, China's import and export trade under the influence of the crisis is even more drastic reduction in one of the small and medium enterprises, as the one of the main force of export by the impact is more serious, how to actively respond to the financial crisis and improve the export trade and promptly to improve the poor condition of existing enterprises, better to upgrade SMEs export trade, essential to promote national economies development, this joint present a new economic forms, a comprehensive summary analysis of SMEs in the new trade environment.Deal with the financial crisis on SMEs in the export trade, combined with the development of its own advantages and disadvantages, proposed measures to promote the development of export trade.Chapter I: First of all, the author describes the background and practical significance, and proposed its specific structure with its characteristics of the development .Chapter II: Literature Review, summed up the current financial crisis in China influence on SMEs,and generalize the development of manage SMEs of China.Chapter III: article, first of all, described SMEs in the national economy of China's important position .The export performance under the new environment of economic and trade on the current, according to product type and geographical distribution of SMEs in China, such as: Product type according to the textile service industry, toy industry, footwear industry could be summped up. Regional distribution according to the country's eastern region, central region, the western region, the Northeast region's export trade conditions could be summed up.Chapter IV: on the current form of the new economy's export trade environment was introduced, first, discusses the international macro-economic form; writer on the financial crisis in the formation and development of broad interpretation and pointed out that as China's largest export partner countries. The United States and the euro area's macroeconomic situation, and secondly, discusses the form of China's domestic and export trade, macro-economic characteristics. The post-paper on China's export trade of small and medium enterprises, paving the way done.Chapter V: focus on analysis of the financial crisis on the trade impact of China's export of SMEs, from the five aspects of discourse analysis, first, the financial crisis has deepened trade frictions between countries, so China's production of labor-intensive small and medium enterprises dramatic decline in exports. Second, the financial crisis led to speed up appreciation of RMB, making the cost of China's exports increased significantly, the SME export trade suffered losses from the exchange differences. Third, the financial crisis reduced demand for the world market, resulting in loss of a large number of SMEs in export orders, companies export trade contraction.Fourth, the financial crisis had led to the export of China's poor environment for SMEs and entrepreneurs confidence index fell, the pressure increases, so that blocked the expansion of export trade. Fifth, the financial crisis of SMEs in China's export trade exchange earnings and increased risk of bad debts increase in the number of SMEs has seriously affected the export trade of the cash flow. This chapter of the above five points on the financial crisis on SMEs, the impact of export trade are analyzed.Chapter VI: This chapter pointed out that the strengths and weaknesses of the SMEs in the financial crisis. Under the influence of the crisis, discussed the advantages of the SMEs from four aspects, first, the SMEs'scale is smaller,corporate organizational structure is simple and direct, whether in production or sales is flexible and fast, cost of ownership of the comparative advantage. Secondly, I care for SMEs internal information flow, enabling business operators and producers to communicate effectively, do their best and timely resolution of issues related to exports is the enterprise long-term development.Third, the SMEs'products are more professional, output for different market needs more "personalized" products, so that they are irreplaceable features that increase the export competitiveness of enterprises. Fourth, China's small and medium enterprises in a particular area have a "cluster" effect, so that China's small and medium enterprises to compete in the international market occupies a strong position. On the other hand, in the financial crisis, China's SMEs, the existence of relative disadvantage, first, China's SMEs, most of the staff's quality is not high, the trade-related laws and regulations of the law of cognition is unknown, unfamiliar with the relevant trade barriers, This leads to small-sizedthe export trade, subject to mitigation. Second, the financial crisis, China's SMEs, due to the limited extent the credibility of the enterprise's own limited financial resources, in order to expand the financing channels for reproduction difficulties. Thirdly, China's SMEs to export labor-intensive products, in line with the formation of a lower increase in the number of water products extensive growth, and because of China's introduction of the new labor contract law, it reduces the cost of China's comparative advantage in small and medium enterprises. Fourth, there are often many problems in the export trade in practical operation, and with the blindness of the current market,the export trade suffered "bottleneck."Chapter VII: writer's response to the financial crisis, how to enhance the export trade of SMEs in China and put forward the relevant policies and proposals. First, improve staff quality and service system, and second, to expand our small and medium enterprises in emerging markets. Third, to strengthen the independent innovation capability of China's small and medium enterprises, improve the ability to resist risks. Fourth, to enhance our SMEs the importance of credit insurance, the extent and improve export policy.Finally, the author made a brief summary of the article presented the current understanding of the nature of the export trade, so that the export trade of China's small and medium enterprises for better turn "danger" to "opportunity"...