Before September, 228 Bosses Fled &Nbsp In Zhejiang, And 75 Million 930 Thousand Owed Employees.

Fail to pay wages

The amount is the highest in history.

It is worth noting that the "emergency wage fund for wages in arrears", which was first created in Zhejiang in December 2004, has played an important role in the escape of the owner. The boss has been on the road for 3-5 days and the local government has paid the arrears of wages to the employees.

The "report" completed at the end of September believes that with the coming of the new high salary period for the new year's day and the Spring Festival, the case of arrears of wages in the next 3 months will continue to grow.

In April this year, the boss ran away.

And the last year was near the end of the year.

Since the end of the year near the end of the year, there is a difference between business owners, Zhejiang since April, the boss has been running, and then increased month by month to the peak in 8-9 months.

"In September 21st, Wenzhou ran 8 business owners in 1 days, and 228 business owners fled and grew 41.6% last year."

People in charge of the Zhejiang authorities say that Zhejiang run enterprises are mostly labor-intensive manufacturing industries, and there are some enterprises with certain scale and visibility, such as the leading enterprise of the eyeglasses industry, Zhejiang Xintai Group Co., Ltd.

According to the report, seven or eight of the bosses run in the past year were mostly in the processing factories or small workshops which were leased by foreigners, with only a few employees. Among them, construction contractors accounted for a large share, but this year they did not get together. Even in the financial crisis of 2008, the number of employees who owed wages in Zhejiang because of the boss's running away was only 5000-6000, but it reached 14644 in 1-9 this year, up 197.9% over the same period last year.

The total wage arrears of $75 million 930 thousand increased by 361.9% compared with the same period last year. The largest number of arrears were Wenzhou Heng Mao footwear industry in Ruian, which owed thousands of employees.

Incentives are problems in the capital chain.

In September, Wenzhou OMI fluid equipment Technology Co., Ltd. organized staff to travel.

2 days later, the employee returned and found that the boss and equipment were "evaporating" without any warning.

According to the report, most of the recent boss run events occurred on the surface of the production and operation of enterprises, and there were no obvious signs before the incident.

Its incentives are basically similar, mainly for macroeconomic policy adjustment, credit crunch, private lending, poor management and blind guarantee, causing capital chain breakage. For example, the central bank has raised the deposit reserve rate several times. Banks first contracted small and medium enterprises loans and turned to private lending, but the high interest rate made the enterprises unable to bear heavy burden and directly led to bankruptcy.

In addition, factors such as rising raw materials and rising labor costs have also increased the pressure on enterprises to survive.

From late June to early July, the Alibaba group and the National Development Research Institute of Peking University visited 94 small businesses, 4 professional markets and 12 local banks in 7 cities of Ningbo, Wenzhou, Taizhou, Jinhua, Jiaxing, Huzhou and Shaoxing in Zhejiang, and conducted online research on 2313 small businesses of Zhejiang. Combined with the findings of the Alibaba's investigation and investigation of small local enterprises, a small business operation and financing dilemma research report was formed. It is believed that the financing difficulties of small businesses have been prominent for a long time. Small businesses are not the main customers of traditional banks. The traditional financial institutions such as banks and rural credit cooperatives only account for 21% of the main financing channels, and the share of their loans through their relatives and friends has reached 50%.

In September 27th, Shen, a boss of Wenzhou Zheng Deli Shoes Co., Ltd., died from jumping from a building.

Wenzhou shoe leather association initially judged that Shen had borrowed private funds to repay bank loans, hoping that banks could not continue lending after receiving loans, and could not jump under pressure.

Shen has 3 brands of women's shoes, mainly domestic products, with annual sales of 40 million -5000 yuan.

After its death, the operation of the enterprise is stable. The greatest hope of the management is that banks should not withdraw funds.

{page_break}

Wenzhou has failed in pformation and upgrading.

Disadvantages of Jiaxing's development model

The boss runs not only in Wenzhou, which is frequently seen in newspapers, but also in Jiaxing, Jinhua and Taizhou, with 84, 49, 30 and 29 in Wenzhou.

Chen Shida, director of the Institute of public administration and personnel and personnel science of Zhejiang Province, said that Wenzhou's private capital was strong and had been flowing outside the system for a long time.

Under the macroeconomic regulation and control, SMEs can not get loans from banks. They can only turn to usury and make enterprises overburdened.

In addition, the locals in Wenzhou have the tradition of investing everywhere and investing. Most of the main business owners of running businesses have no problems, and the boss will own funds, or invest in real estate, minerals and other bulk commodities through loans from the main industry. The latter is precisely the current regulation and control point, which severely damages them.

For example, the eyewear industry of Xintai group has been operating normally and has a high reputation.

He believes that before rescuing the government, we must first find out the reasons for the difficulty of the enterprise's funds, and only the enterprises in the main industry meet financial difficulties are worth rescuing.

The focus of the government is to create a good business environment and correct market abuse rather than direct intervention in the market.

"The fundamental reason for the boss's running is that the industrial pformation and upgrading have not been completed well."

Shi Jinchuan, vice president of School of economics, Zhejiang University, director of the private economy research center of Zhejiang University, said that the current situation is similar to that of early 2007, which is difficult to recruit workers, increase production costs, tighten money and CPI is rising. As early as 2008, 8.1% is high, and the central authorities put forward a dual defense policy that "prevent economic growth from overheating to overheating and prevent price from structural rise to obvious inflation". -2008

By the time of the financial crisis in 2008, the malpractice of Zhejiang's labor-intensive industries was exposed. However, after the "rescue" of the government rescue market and the free ride of economic recovery, it failed to make use of the financial crisis mechanism to carry out the pformation and upgrading of the traditional manufacturing industry.

The reason why Wenzhou's business owners are running high is that its pformation and upgrading are slow and lagging behind Hangzhou and Ningbo. The high value-added industries such as high-tech enterprises are not very high in the economy.

On the other hand, the process of urbanization in Wenzhou is relatively slow, the urban factors are not strong enough, the financing capacity of formal financial institutions is not strong, and private lending is active, and corporate funds are strongly dependent on private lending. Once private capital itself is in trouble, the boss will become more and more frequent.

Compared with Wenzhou, Jinhua, Taizhou and other private economy active areas, Jiaxing, once known as the South of Jiangsu model, ranks second in the 49 business owners' escape incidents.

Xu Yongliang, Dean of Jiaxing University, said that the initial significance of the South of Jiangsu model was mainly the township enterprises and the collective economy, rather than the private economy in southern Zhejiang and other places. Until now, it has been characterized by the massive entry of foreign capital, such as Suzhou and Kunshan.

Since the start of enterprise restructuring in Jiaxing in 1995, the private economy has accounted for the overwhelming majority. It has been divorced from the South of Jiangsu mode, but is similar to the South Zhejiang model.

Although there are industrial clusters in Jiaxing, such as Pinghu's clothing, Haining's leather, Tongxiang sweater and Jiashan's wood industry, large enterprises are not as good as Wenzhou and other southern Zhejiang areas. More than 90% of them are small businesses, with low profit margins and high dependence on foreign trade.

The labor department suggested that the province should investigate and pay wages in arrears this month.

In 2004, 1 business owners in Wenzhou walked on the road. Employees were arrested due to their wages and blocked the National Road, causing mass incidents.

In December of that year, Zhejiang initiated the system of "emergency payment for wages in arrears", which stipulates that the prefecture level municipal government must reserve more than 500 thousand yuan (inclusive), and the county (city, district) government reserves more than 300 thousand yuan (inclusive) of special funds for the payment of wages owed to employees of enterprises.

In 2008, the standard of emergency pay for wages in arrears increased to more than 1 million yuan.

In fact, the special funds in many areas are far higher than the standard, such as Wenzhou Ruian has increased to 10 million yuan since August of this year, and Ningbo Cixi city is 30 million yuan.

According to relevant personages, 1-9 months ago, the Zhejiang emergency turnover fund has been paid 42 million 565 thousand yuan for arrears of wages, but in previous years it has been used only for 10 million yuan.

3-5 days after the escape of the owner, the employee can get the salary that is paid by the emergency payment of wages in arrears.

Zhejiang's labor department recommends that the investigation be carried out in the whole province starting from this month. The focus is on SMEs who are prone to arrears of wages and escape.

The relevant departments in various localities have unimpeded reporting channels, and the system of first asking responsibility has been implemented in arrears of wages.

Wenzhou denies applying for 60 billion emergency loan, which is completely empty.

According to the preliminary statistics of the local banking regulatory bureau, at present, the funds chain break of small and medium-sized enterprises implicated 21 banks with 1 billion 586 million capital.

Has Wenzhou been misread?

With the upgrading of the private lending crisis in Wenzhou, rumors about "89% of households or individuals in Wenzhou are involved in private lending market" and "Wenzhou government seeks loans and 60 billion stabilise finance".

However, yesterday, Zhang Yourong, director of the Wenzhou banking regulatory bureau, accepted the joint interview between this newspaper and Phoenix Satellite TV, saying that "60 billion loans are empty."

He also revealed that initial statistics showed that 21 banks in Wenzhou were implicated in the fragmentation of the SMEs' capital chain. However, Wenzhou's banking sector's capital flowing into the private lending market is at most only a few billion yuan, and the non-performing loan ratio of Wenzhou's banking sector is unlikely to increase significantly.