英语专业毕业论文,英语本科毕业论文：Toil and trouble.docVIP

英语专业毕业论文,英语本科毕业论文：Toil and trouble 　　 　　Small and medium Chinese enterprises (SMEs) struggled last year. Since last April, the China Federation of Logistics and Purchasing’s small enterprise sub-index has remained below 50, indicating a slower rate of growth. Local governments have announced a variety of policies to support small businesses, including SME-specific funds, government purchasing, faster customer clearance, export-tax rebates and further cuts in administrative fees. 　　Yet it’s still unclear how much these policies have helped enterprises. China Economic Review talked to six people involved in small business in China to gauge how SMEs have fared and what their expectations are for the coming year. 　　Ms zhang Hong, whose family runs a private company in Shanghai that supplies steel products to elevator makers 　　Business was much worse in 2012 than 2011. We used to make gross profit of RMB2,000 (US$) on every ton of steel sold, but now it’s less than RMB500(US$80) per ton. Also, customers now typically take three months to pay us, compared with one month before. The drop in the price of steel didn’t affect us much, but companies with large inventories were hit hard. A lot of companies have gone bankrupt. The pressure we face is that the number of competitors has increased significantly, resulting in price cuts and lower profit margins. Our clients are also recording very low profit mar- gins, despite demand from governmentbacked affordable housing projects. 　　The situation will only worsen this year. We expect to see few or no profits, because the number of competitors continues to increase and clients have begun to ask suppliers to bid for contracts to further reduce costs, rather than placing orders with old suppliers directly. We are considering ending a long-time partnership with a major client to look for new investment opportunities and clients. This won’t be easy. 　　I don’t know what kind of supportive policies the government has introduced,