At its peak, China's manufacturing industry will f

2022-08-17
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Will China's manufacturing industry face a complete disintegration by 2015

in Lang Xianping's view, China's manufacturing industry is facing a crisis, and the manufacturing investment and business environment is further deteriorating, resulting in overcapacity in the manufacturing industry, leading to various crises

as long as we see the foam, it is a prelude to a bigger crisis. On the 19th, at the invitation of the Yunnan branch of the Bank of China, Lang Xianping, a famous economist, repeated this sentence many times when giving a wonderful speech in Kunming

in his view, China's manufacturing industry is facing a crisis, and the manufacturing investment and business environment is further deteriorating, resulting in overcapacity in the manufacturing industry, leading to various crises

the consumption crisis will make China's consumer market form an unprecedented M-type consumption, that is, the high-end and low-end are booming, and the middle end is shrinking

the manufacturing industry is facing a crisis

what happened to China's economy? How will China's economy go in the future? As soon as he came on the stage, Lang Xianping asked two questions. He said: I know that this is the topic that everyone is most concerned about. Today I will tell the truth

China's economy is positive. 2. Because the jaws of the experimental machine are often used in the situation of facing both ice and fire, the ice is the real estate market and the stock market, but the fire is the high-end goods represented by luxury goods, high-end cars, collectibles when conducting long sample tensile tests. Lang Xianping said frankly that China's economy is sick, and this disease is the crisis facing the manufacturing industry

Lang Xianping pointed out that China has ceded the three major links of manufacturing industry - R & D and design, channel logistics, and key spare parts to Europe and the United States, losing the pricing power to control the manufacturing industry. After losing the pricing power, there will be a manufacturing crisis

take iPhone as an example. Apple controls the first link of R & D and design, and the second link of channel logistics. An iPhone can create a value of $360 for apple, and hardware manufacturers in the United States, Japan and South Korea control the third link, which can create a value of $187 for them. But Foxconn in China, an iPhone only creates a value of $6.50. Apple gets 60 times more than us, and hardware manufacturers in the United States, Japan and South Korea get 30 times more than us. The value created by a Chinese manufacturing industry without pricing power is the lowest in the world. Whether it can make money if all costs are deducted is unknown. Lang Xianping said that this has led to the declining profits of China's manufacturing industry

on the other hand, the heavy taxes and fees, the rupture of enterprise funds and the sharp rise in enterprise production costs have worsened the investment and business environment of the manufacturing industry

in recent years, the average salary growth rate of Chinese workers is 20%, and the efficiency growth rate is close to 0. Chinese workers are becoming more and more expensive. The trade war, exchange rate war and cost war except stealth materials launched by the United States against China are gradually crushing China's export manufacturing industry

Lang Xianping told that the United States has launched a trade war against China, imposing punitive tariffs of up to 250% on photovoltaic industry and digital products, which has accurately beheaded every fast-growing export product from photovoltaic, digital products to tires. At the same time, imported raw materials rose sharply, further hitting China's manufacturing industry

he pointed out that China's manufacturing industry suffered from two diseases: the overall deterioration of the investment and business environment and serious overcapacity. It was after these two diseases that the money originally used to invest in the real economy turned to high-end cars, luxury goods, etc

Lang Xianping boldly predicted that China's manufacturing industry would face complete disintegration by 2015

made in China faces overcapacity

Lang Xianping's prediction above seems a little alarmist, but it really tells the serious overcapacity problem faced by China's manufacturing industry

what worries him is that the disease of China's manufacturing industry has not been properly treated, which will lead to all kinds of crises

at present, China is facing four crises, namely resource waste, overcapacity, debt crisis and consumption crisis. In the first stage, the crisis of resource waste and overcapacity will first erupt

Lang Xianping said that a large number of high-speed railways have been continuously invested in construction under the condition of insufficient funds, resulting in a serious waste of resources, while the 4trillion highway investment in the central and western regions has generated new overcapacity. Although steel, cement and other materials can be digested in the process of highway construction, these markets are still not digested after the highway is built, on the contrary, the repeated construction of highways has also formed

how serious is our overcapacity? He cited one by one: Steel 21%, automobile 12%, cement 28%, electrolytic aluminum 35%, stainless steel 60%, pesticide 60%, photovoltaic 95%, glass 93%. Lang Xianping said that various loans caused by such high investment are triggering China's debt crisis, and the resulting negative effects have emerged in the stock market

what's more terrifying is that the serious inflation caused by 4trillion directly leads to the serious decline of people's wealth and the consumption crisis

in his view, the serious debt makes the banking crisis brewing, and especially after too long operation, more than 50 industries led by the industry are in danger due to regulation

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