XX city survey reflects the manufacturing industry in the long-term loan year-on-year situation, to promote the growth of manufacturing industry in the medium and long term loans facing the difficulti

XX city survey reflects the manufacturing industry in the long-term loan year-on-year situation, to promote the growth of manufacturing industry in the medium and long term loans facing the difficulties and problems, and comments and suggestions

One, the basic situation

In recent years, XX City, based on the development strategy of industrial city, highlighting the core of the real economy, constantly tilting all kinds of resources, and increase efforts to promote the conversion of old and new kinetic energy, comprehensively improve the quality of traditional manufacturing industries such as petrochemicals, salt and salt chemical industry, food, and actively grow the scale of new energy and new materials, new pharmaceuticals, energy saving and environmental protection and other emerging industries, and to promote the high-quality development of the real economy. development.

Now formed petrochemicals, marine chemicals, aquaculture, food processing, high-quality seedlings-based industrial structure.

Two, the difficulties faced by the problem

1, manufacturing enterprises new project lending risk, financial institutions lending enthusiasm is not high. Manufacturing enterprises to invest in projects relative to IT projects, service industry projects, financial projects, has a large demand for capital, slow payback, business risk characteristics, banks and other financial institutions are difficult to judge the prospects of the project.

Only through the enterprise related financial statements and the collection of collateral, lending, lending scale is small, the enthusiasm is not high. XX City XX Company reflects that the enterprise is a collection of production and sales in one of the scale of the enterprise, the main production of automobile parts, its products are automobile wheel hubs and brake drum assembly.

2. There is a structural contradiction between enterprise capital demand and bank loan supply. Part of the quality of enterprises to meet the lending requirements to meet the requirements of the bank to apply for medium- and long-term loans, but due to short-term loans at lower interest rates, due to the operating efficiency can be used to reduce financial costs by reducing the "short-term loans for long term", the demand for medium- and long-term funds is not great.

And part of the operating efficiency is relatively poor, in the start-up and growth period of the enterprise due to insufficient collateral, business prospects are not clear, etc., it is difficult to meet the conditions of the bank to apply for loans.

3, the manufacturing industry's own limitations. Manufacturing industry is dominated by small and medium-sized enterprises, small and medium-sized enterprises are small in scale, coupled with their engagement in most of the industry is labor-intensive industries, these industries with the changes in the situation at home and abroad has become more and more competitive, small and medium-sized enterprises want to stand out from the competition must be to reduce the price.

And this price reduction will inevitably make its own profit is also reduced, and many small and medium-sized debt ratio is higher, which makes its risk-bearing ability to reduce. And the manufacturing industry's own financing capacity and constraints on the size of the enterprise, profitability, solvency by which the manufacturing enterprise financing capacity is weak, often limited development.

4, constrained by the international and domestic environment. Market investors are pessimistic about the future of the economy and thus increase the business pressure, especially the foreign trade manufacturing industry, by tariffs, exchange rate fluctuations and the lack of foreign demand, some of the cost of imported products, increased costs and shrinking market demand continues to deteriorate the enterprise's balance sheet, affecting the medium- and long-term financing of manufacturing enterprises.

5, the financial system is not sound leading to the information asymmetry between banks and enterprises. At present, most of China's small and medium-sized enterprises for the concept of credit is still very thin, and its own credit level is also low, the fundamental reason is that it does not have a more effective financial management system.

Most small and medium-sized enterprises, in order to reduce taxes, will increase their costs in the accounting information to reduce profits, resulting in the financial information itself can not be true and effective to reflect the real business situation.

On the other hand, the lack of disclosure of financial information by enterprises has led to a lack of a good credit image of SMEs in the community, which has also limited their ability to raise funds. Under such circumstances, financial institutions are unable to obtain true business information in the process of loan approval for SMEs.

Three, suggestions and recommendations

1, it is recommended that the higher level to establish and improve the existing working capital loans related methods and systems, to encourage banking institutions to increase medium- and long-term loans moderately, to explore the financial support for private enterprises, manufacturing industry, the long-term mechanism.

2. It is recommended that the higher level further improve the loan management of banking institutions and enhance the supply capacity of medium- and long-term loans; appropriately lower the entry threshold for medium- and long-term loan applications. Promote the banking institutions to optimize the conditions of access to medium- and long-term loan applications, to avoid one-size-fits-all, to prevent the conditions set too high simply exclude the majority of enterprises.