The slowdown in China's economic growth is not a bad thing. It is not a nightmare for big companies to lay off their employees one after another. Now it is time to reflect on the almost addictive growth of the past. The more severe market cold wave has already sounded the alarm. People are pondering over how the construction machinery companies have passed the unprecedented test of life and death and achieved a soft landing for economic growth. The rising export-oriented economy is the most reliable way we can walk. As the saying goes, if you open your own moneybag, you might as well open up the moneybags of foreigners.
More than a year before the realization of export of engineering machinery to foreign exchange, most Chinese companies also optimistically believe that the European debt crisis that occurred on the other side of the globe has nothing to do with it. But later, we found that this piece of floating clouds has floated. The layoffs of well-known domestic companies have come one after another, and the construction machinery industry has begun to appear sluggish. Perhaps many people are optimistic that this growth is an opportunity that history has given to Chinese companies. Chinese companies should seize this opportunity to realize the expansion of their own business scale.
The implementation may indeed be much colder. Standard & Poor's previously predicted that China's economy is most likely to achieve a soft landing. In other words, GDP will grow at around 7% in the next two years. But if there is a hard landing (GDP growth slows to about 5%). Real estate and local government financing platforms will face the greatest risk. Related industries such as banks and construction raw materials may be relatively hard hit. The excessive growth will inevitably not be a long-term road. How to achieve a soft landing is what companies should consider now. China is undergoing a huge transformation. This is obvious to everyone. With the transformation of China's positioning of the world's factories, it has become a thing of the past. After the Spring Festival, many provinces and cities in Hunan and Guangdong have experienced recruitment difficulties and labor shortages. Many companies are still optimistic that the pull of policy-based investment in fixed assets can still be the only magic weapon for companies to survive the winter, and that's a big mistake.
Over the years, economic development has been investment-driven, and now our construction machinery industry is obviously in the stage of overheating investment, and now the world is generally driven by consumption. We consume less and the products we produce cannot be digested. Therefore, overcapacity in the construction machinery industry is a top priority for all companies. Many people predict that this extensive growth model will not last long and will eventually collapse. In the aftermath of overheating, such excesses will only lead to deflation, deflation from the construction and real estate industries. Therefore, exporting products to foreign markets as far as possible is perhaps the only way out now. Some countries in South America and Central and South Asia are also at the peak of urban construction. The demand for construction machinery is very high. As long as we have a good grasp of the quality of our domestic products, we will demonstrate the price advantage of domestic competition. It is not difficult to earn foreign exchange through exports. This point we should fully learn how foreign companies have opened our market.
Slowing is not a bad thing, and layoffs are not a nightmare. As long as you grasp your own quality and enhance all-round and thoughtful service, you will realize the price advantage and achieve export growth. Everything will not be late.
More than a year before the realization of export of engineering machinery to foreign exchange, most Chinese companies also optimistically believe that the European debt crisis that occurred on the other side of the globe has nothing to do with it. But later, we found that this piece of floating clouds has floated. The layoffs of well-known domestic companies have come one after another, and the construction machinery industry has begun to appear sluggish. Perhaps many people are optimistic that this growth is an opportunity that history has given to Chinese companies. Chinese companies should seize this opportunity to realize the expansion of their own business scale.
The implementation may indeed be much colder. Standard & Poor's previously predicted that China's economy is most likely to achieve a soft landing. In other words, GDP will grow at around 7% in the next two years. But if there is a hard landing (GDP growth slows to about 5%). Real estate and local government financing platforms will face the greatest risk. Related industries such as banks and construction raw materials may be relatively hard hit. The excessive growth will inevitably not be a long-term road. How to achieve a soft landing is what companies should consider now. China is undergoing a huge transformation. This is obvious to everyone. With the transformation of China's positioning of the world's factories, it has become a thing of the past. After the Spring Festival, many provinces and cities in Hunan and Guangdong have experienced recruitment difficulties and labor shortages. Many companies are still optimistic that the pull of policy-based investment in fixed assets can still be the only magic weapon for companies to survive the winter, and that's a big mistake.
Over the years, economic development has been investment-driven, and now our construction machinery industry is obviously in the stage of overheating investment, and now the world is generally driven by consumption. We consume less and the products we produce cannot be digested. Therefore, overcapacity in the construction machinery industry is a top priority for all companies. Many people predict that this extensive growth model will not last long and will eventually collapse. In the aftermath of overheating, such excesses will only lead to deflation, deflation from the construction and real estate industries. Therefore, exporting products to foreign markets as far as possible is perhaps the only way out now. Some countries in South America and Central and South Asia are also at the peak of urban construction. The demand for construction machinery is very high. As long as we have a good grasp of the quality of our domestic products, we will demonstrate the price advantage of domestic competition. It is not difficult to earn foreign exchange through exports. This point we should fully learn how foreign companies have opened our market.
Slowing is not a bad thing, and layoffs are not a nightmare. As long as you grasp your own quality and enhance all-round and thoughtful service, you will realize the price advantage and achieve export growth. Everything will not be late.
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