[China Glass Network] Since the beginning of this year, the central bank has twice raised the benchmark interest rate for deposits and loans, raised the deposit reserve ratio four times, and continued to tighten liquidity monetary policy, the chain effect is emerging. The reporter found in the Canton Fair that the difficulty of financing and the increase in financing costs have become the main operational difficulties faced by foreign trade enterprises along with factors such as rising raw materials and labor costs.
“The situation facing financing is grim.†Liu Guizhong, assistant president of Galanz Group, told reporters that the difficulty of corporate financing has increased significantly. On the one hand, the amount of credit granted by banks to enterprises has dropped significantly; on the other hand, interest rate hikes and interest rate hikes have significantly increased loan costs. Increase. Liu Guizhong revealed that Galanz's current loan interest rate is 20% to 30% higher than the benchmark loan interest rate; more small and medium-sized foreign trade enterprises reflect the lack of loans, even if they can lend, the interest rate will rise by 30% to 50% based on the benchmark interest rate. .
Zhou Xiaochuan, the governor of the central bank, said in an interview that the SMEs have always had a tight capital chain. The newer data shows that the proportion of SME financing is still increasing. At present, there are some enterprises that are difficult to borrow, and the funding status depends on corporate finance and cash. Whether the flow is stable or not.
Behind the “funding difficultiesâ€, some chain effects are also emerging. According to industry insiders, in the context of rising raw material prices, some manufacturing companies have withdrawn their funds for production, used to hoard raw materials, and wait for raw material prices to rise and make profits. The responsible person of the Electromechanical Chamber of Commerce told reporters that some companies have earned profits even higher than their main business profits by buying and selling some industrial products.
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