Wenzhou Shoe Enterprises' "Running Tide" Has Another Trend In The Past Year.

In 2011, for many countries in the world, it can be called "the first year of debt".

The main countries in the world

In Italy, those who own their own family businesses are down-to-earth and secure.

In contrast, China has a large state-owned commercial bank with strong foreign exchange reserves and market capitalization, but the debt crisis of small and medium-sized enterprises is continuous.

First of all, in Germany and Italy, family centered SMEs are mainly based on industry, that is, manufacturing industry.

Germany's economic model based on traditional industries was once ridiculed for its obsolete past.

However, in today's financial industry that has been torn up and down by various economies, Germany's machinery manufacturing, automobile, chemical and electronics industries are glistening.

And the main girders for these industries are medium-sized family businesses.

These enterprises, in line with the principle of "high quality and great quality", are committed to innovation, advanced technology, well made and famous. Many of them have won the title of world champion, and export products occupy the largest share in the international market. There are more than 1500 German champions.

Many of the handicraft manufacturers in Italy are family businesses, adhering to the tenet of passing down their handicrafts. These enterprises strive for excellence in product quality and make the added value of the products very high.

A family shoe manufacturer in Italy -- Jinta shoe making company makes a pair.

Secondly, German and Italian SMEs do not blindly pursue listing financing, but also minimize liabilities or liabilities.

Most small and medium enterprises in Germany are not listed, so they are not constrained by the financial market and are very flexible in their direction of operation.

There are not many small and medium enterprises listed in Italy, and the debt ratio is relatively low.

They are more willing to control the shareholding of a company by their families, unwilling to be held by others or carrying the burden of debts and being controlled by others.

The small and medium-sized enterprises of Germany and Italy all attach great importance to whether the controlling power of enterprises has been firmly in their hands, so they are not easy to borrow or go public, so they are not easy to be restricted by the fluctuation of the financial market.

Even if the development speed is slow, the scale is smaller, but the road of development is smooth.

Third, the small and medium-sized enterprises in Germany and Italy not only attach importance to the inheritance of traditional technology, but also attach importance to the development and innovation of new technology, and also attach great importance to the cultivation of talents.

Italy's traditional family businesses attach great importance to the training of the next generation, so as to facilitate the traditional family handicraft handed down from generation to generation.

Some of the more modern enterprises attach importance to R & D. For example, the prima industrial group, which is engaged in the electronic machinery industry, has been adhering to an unchangeable rule for many years, and takes up 6% of its revenue every year for R & D.

Germany's small and medium-sized enterprises have invested a lot of manpower and material resources in technology research and development.

In Germany, the most prosperous Baden and uttenberg States, the most popular hobby of locals is inventions.

At the same time, the "dual track" education system, which is parallel to German universities and technical schools, is also constantly sending talents of engineers, R & D personnel and skilled workers to German SMEs.

Fourth, the small and medium-sized enterprises of Germany and Italy cherish and cherish the honor and reputation of the enterprises. This is reflected not only in the persistence of product quality, but also in the steady pace of overseas operations.

Germany and Italy, many small and medium enterprises are developing overseas, including export trade and pnational investment, but they are seldom complained about the quality of export products or because they set up factories overseas to reduce management standards.

Therefore, many well-known small and medium enterprises are not only multinational enterprises, but also a centenary shop with Evergreen Foundation.

This subverts the concept that multinational enterprises are accustomed to big enterprises and 500 strong or centuries old businesses, and shows that enterprises do not have to be bigger to do well.