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Ministry of Industry and Information Technology: The overall production and operation of small and medium-sized enterprises has shown a continuous and restorative rise
China News Service, June 1st. Regarding "whether the profits and employment of small, medium and micro enterprises are affected by changes in commodities or the renminbi", Liang Zhifeng, director of the Bureau of Small and Medium Enterprises of the Ministry of Industry and Information Technology, said on the 1st that since this year, SMEs have faced more difficulties. Compared with large enterprises, the profits of small and micro enterprises are still relatively low. However, compared with their own, the overall production and operation conditions of small and medium-sized enterprises have shown a continuous and recovery increase.
At the State Council’s regular policy briefing today, a reporter asked: Has the profit of small, medium and micro enterprises and the overall employment situation been affected by changes in commodities or the renminbi? What are the different effects in different industries?
In response, Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, said that since the beginning of this year, affected by multiple complex factors at home and abroad, the price of raw materials has risen sharply, indicating that the industry chain is transmitted to the middle and lower reaches. Although it is beneficial to the profitability of some upstream companies, it is beneficial to downstream companies. The cost of the company undoubtedly brings a lot of pressure, squeezing the profit margin of the enterprise. In particular, most small and medium-sized enterprises are located in the middle and lower reaches of the industrial chain, and their bargaining power is not strong, and their ability to transmit and digest the pressure of rising costs of raw materials is relatively weak, so the impact is relatively large.
Wang Jiangping said that statistics show that from January to April this year, the profit margin of operating income of small and medium-sized industrial enterprises above designated size in my country was 6%, 2 percentage points lower than that of large enterprises, and the gap was further widened than before. Therefore, the executive meeting of the State Council made special arrangements for this, requiring multiple measures to help small and micro enterprises cope with the impact of upstream raw material prices. We are ready to work from two aspects:
first, strengthen operational monitoring, stabilize market expectations, and release them in a timely manner. The operation situation, do a good job of public opinion guidance. In particular, to cooperate with relevant departments to resolutely crack down on hoarding, malicious speculation, and price drive up behavior.
The second is to promote the establishment of long-term and stable cooperative relations between upstream and downstream enterprises in the industrial chain and supply chain, and use market methods to guide the supply of stable raw materials and supporting cooperation between production, supply and marketing in the upstream and downstream of the industrial chain, and coordinately respond to the risks of market price fluctuations.
In addition, Liang Zhifeng added that since the beginning of this year, small and medium-sized enterprises have faced more difficulties. Not only are the prices of raw materials rising, but there are also problems such as insufficient orders, tight funds, difficulty in recruiting, and rising labor costs, which affect the development of small and medium-sized enterprises.
Liang Zhifeng said that the profits of small and micro enterprises mentioned earlier are still relatively low compared to those of large enterprises. However, compared with their own, the overall production and operation conditions of small and medium-sized enterprises have shown a continuous and restorative rise.
"We can use'two increases and one decrease' to describe the performance indicators of small and micro enterprises. Revenue and profits are increasing, while losses are declining." Liang Zhifeng said that from January to April, the operating income and total profits of small and micro industrial enterprises above designated size The year-on-year increase was 32.3% and 64.2%, respectively, because the impact last year was relatively large, with an average increase of 8.8% and 18.1% respectively in the two years, and a loss of 23.9%, a decrease of 1.9 and 5.0 percentage points from the same period in 2019 and 2020, respectively. Therefore, the overall growth is still recovering.
Liang Zhifeng said that in the next step, the Ministry of Industry and Information Technology will work with relevant departments to conscientiously implement the decisions and deployments of the Party Central Committee and the State Council, focus on doing the "six stability" work, implement the "six guarantees" task, and strengthen departmental linkage and overall coordination. , Intensify the promotion and implementation of preferential enterprise policies, promote the implementation of various preferential enterprise policies, and enhance the sense of gain of enterprises. At the same time, it will pay close attention to the new situations and new problems facing the development of small and micro enterprises, especially small and micro enterprises, strengthen policy research and reserves, and increase targeted support.
At the State Council’s regular policy briefing today, a reporter asked: Has the profit of small, medium and micro enterprises and the overall employment situation been affected by changes in commodities or the renminbi? What are the different effects in different industries?
In response, Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, said that since the beginning of this year, affected by multiple complex factors at home and abroad, the price of raw materials has risen sharply, indicating that the industry chain is transmitted to the middle and lower reaches. Although it is beneficial to the profitability of some upstream companies, it is beneficial to downstream companies. The cost of the company undoubtedly brings a lot of pressure, squeezing the profit margin of the enterprise. In particular, most small and medium-sized enterprises are located in the middle and lower reaches of the industrial chain, and their bargaining power is not strong, and their ability to transmit and digest the pressure of rising costs of raw materials is relatively weak, so the impact is relatively large.
Wang Jiangping said that statistics show that from January to April this year, the profit margin of operating income of small and medium-sized industrial enterprises above designated size in my country was 6%, 2 percentage points lower than that of large enterprises, and the gap was further widened than before. Therefore, the executive meeting of the State Council made special arrangements for this, requiring multiple measures to help small and micro enterprises cope with the impact of upstream raw material prices. We are ready to work from two aspects:
first, strengthen operational monitoring, stabilize market expectations, and release them in a timely manner. The operation situation, do a good job of public opinion guidance. In particular, to cooperate with relevant departments to resolutely crack down on hoarding, malicious speculation, and price drive up behavior.
The second is to promote the establishment of long-term and stable cooperative relations between upstream and downstream enterprises in the industrial chain and supply chain, and use market methods to guide the supply of stable raw materials and supporting cooperation between production, supply and marketing in the upstream and downstream of the industrial chain, and coordinately respond to the risks of market price fluctuations.
In addition, Liang Zhifeng added that since the beginning of this year, small and medium-sized enterprises have faced more difficulties. Not only are the prices of raw materials rising, but there are also problems such as insufficient orders, tight funds, difficulty in recruiting, and rising labor costs, which affect the development of small and medium-sized enterprises.
Liang Zhifeng said that the profits of small and micro enterprises mentioned earlier are still relatively low compared to those of large enterprises. However, compared with their own, the overall production and operation conditions of small and medium-sized enterprises have shown a continuous and restorative rise.
"We can use'two increases and one decrease' to describe the performance indicators of small and micro enterprises. Revenue and profits are increasing, while losses are declining." Liang Zhifeng said that from January to April, the operating income and total profits of small and micro industrial enterprises above designated size The year-on-year increase was 32.3% and 64.2%, respectively, because the impact last year was relatively large, with an average increase of 8.8% and 18.1% respectively in the two years, and a loss of 23.9%, a decrease of 1.9 and 5.0 percentage points from the same period in 2019 and 2020, respectively. Therefore, the overall growth is still recovering.
Liang Zhifeng said that in the next step, the Ministry of Industry and Information Technology will work with relevant departments to conscientiously implement the decisions and deployments of the Party Central Committee and the State Council, focus on doing the "six stability" work, implement the "six guarantees" task, and strengthen departmental linkage and overall coordination. , Intensify the promotion and implementation of preferential enterprise policies, promote the implementation of various preferential enterprise policies, and enhance the sense of gain of enterprises. At the same time, it will pay close attention to the new situations and new problems facing the development of small and micro enterprises, especially small and micro enterprises, strengthen policy research and reserves, and increase targeted support.
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