Contact hotline: 0592-6317236

Hello, welcome to Xiamen Yitesheng Electronics Co., LTD

News information

Service hotline

0592-6317236

Home

Industry News

How to deal with the financial crisis?

News information

How do Chinese electronic enterprises cope with financial crisis?

Source :| Author :electronics-101| Release Time: 2014-10-11

The world financial crisis has affected the world real economy and international trade, and has also had an obvious impact on China's economy, which is mainly reflected in the greatly reduced export of foreign trade. China's economy performed better in the first quarter compared with the gloomy picture for the world economy, but it is too soon to say that the Chinese economy has started to recover. At present, China's employment situation is still very severe, private investment is still not strong, the plight of small and medium-sized enterprises has not fundamentally changed, and electronic enterprises are still under crisis pressure.

In order to cope with the current financial crisis, many electronic enterprises in China have adopted the following smart moves.

Nowadays, the Chinese market has become a market with great potential in the world, and its capacity is very large. In particular, in order to expand domestic demand, the central government invested 4 trillion yuan and proposed ten measures to expand domestic demand. This provides conditions for China's small and medium-sized foreign trade enterprises (including electronic small and medium-sized foreign trade enterprises) to turn to the domestic market. Many small and medium-sized electronic foreign trade enterprises that have encountered temporary difficulties in exports in China have quickly adjusted their business direction, adjusted their product structure, and produced a large number of electronic products needed by the domestic market, such as consumer electronics manufacturers and mobile phone manufacturers. In addition, the current movement of electronic products to the countryside has played a great role in alleviating the crisis of small and medium-sized enterprises; At the same time, the activities of transferring foreign trade products to domestic sales were also carried out.

Under the influence of the current financial crisis, the world economy is depressed and the foreign trade situation is grim, which increases difficulties for Chinese electronic enterprises to explore the international market. But in the face of difficulties, heroes show themselves. The more difficult it is, the more we move forward and face the difficulties. This is the true nature of Huawei Group, which has weathered the wind and rain in the world market after 30 years of reform and opening up. Huawei Group dared to push hard, with its own economic and technological strength as well as talent and wisdom, in the difficult conditions of the financial crisis, to enter the US market.

Entering the US telecom market has always been the goal of Huawei, because the US market is the mainstream market in the world, and the largest buyers of global telecom equipment are mostly concentrated in North America, and the annual purchase volume of telecom equipment in this market is half of the global telecom spending. Although this mature market is difficult to penetrate, now is a good time to break out of the US market. The reason is that the old equipment manufacturers have been badly hurt by the financial crisis, and in the case of everyone's lack of money, Huawei's low-cost advantage is the most attractive.

Chinese electronic enterprises should improve their comprehensive strength, keep forging ahead, and use scientific and technological innovation means to develop.

Add: 3rd Floor, Building 5, No.259 Jinting North Road,Zhongya City,Jimei District,Xiamen    Mobile:13123398980

Landline:0592-6317236

Email: 353055159@qq.com