6 million outside Zhejiang merchants remittances home Capital Spring Festival

Source: Internet
Author: User
Keywords Zhejiang Merchants Spring Festival high tide remittance
Tags all over the world balance bank of china business economic economic situation enterprises exchange
The year of the Rabbit Spring Festival is still a few days, Zhejiang Qingtian County New Street of the Bank of China Lively, the county more than 250,000 overseas entrepreneurs will they work hard to earn the foreign exchange sent back home, a "Capital Spring Festival" drama gradually into the climax. According to Qingtian Sheng, Qingtian County 480,000 of the population, 250,000 people have been doing business overseas all year round, especially in Europe. Starting from the middle of last December, Qingtian County banks began to crowded, many of the elderly left behind the old man carrying a password box, to the children from Spain and other countries remitted from the euro to remove or settlement, to help their children in domestic investment, home purchase, or for the construction of the local public welfare undertakings. Near the Spring Festival, the Bank business volume blowout, because the amount of money is too large, common on the counter, on the ground, 500 yuan a piece of the euro is folded into bundles and bundles.  Because of the number of queues, banks had to open an hour earlier, often delaying the closing of 2 hours. Qingtian is affiliated to Zhejiang Lishui, according to statistics, Lishui the other 8 counties in the urban area of all the foreign currency deposits combined, is still less than Qingtian a county one-fifth. Sitting on the rich folk funds, so that many domestic banks to sharpen their heads to enter, known as the "hometown of Overseas Chinese Wall Street," said Qingtian County New Street, just 300 meters, there are China, Pudong, construction, industry and commerce, Taizhou Tai Lung 5 banks in this point, last year, there are Citic, Wenzhou, Zhejiang merchants, Jianxin, Yiwu Heavy State Commercial bank, rural villages and towns bank and other crowding. According to the relevant provisions of the financial industry, to open branches in Qingtian County-level county, must first open branches in Qingtian Lishui prefecture-level cities, which means that the bank which has successfully opened branches in Qingtian, has paid the extra cost of opening branch in the prefecture-level cities.  Moreover, because of the fierce competition, Qingtian banks to pull foreign exchange deposits, the euro is generally more than the average rate of 1%-2% higher than the Bank of China. Qingtian, who is doing business in Portugal, Xu Dinglu also told reporters that a peculiar phenomenon Qingtian can be said to be the only one in China following the economic situation in Europe, "you see, last year and years ago, Qingtian house prices did not rise, the reason is that the economic situation in Europe is not good, greatly restraining the Qingtian people in their hometown investment home enthusiasm. In the past few years when the European economic prosperity, Qingtian people earn pots full of pot, house prices comparable to the provincial capital of Hangzhou, the county's platinum section of the house price is even higher than 30,000 yuan per square metre, the general location of average prices in 15,000 yuan. "In Wenzhou, this phenomenon is more prominent. "Go out and develop" is Wenzhou's biggest characteristic, now Wenzhou has 1.75 million people all over the domestic business to run the enterprise, has 630,000 Wenzhou people in all over the world entrepreneurship development.  Wenzhou people set up more than 230 overseas Chinese Regiment organization, founded 15 China Commodity City, 5 Industrial Park, formed a marketing network at home and abroad. Before the Spring Festival, more than 2.3 million of Wenzhou people all over the world put a year of hard income remitted home, forming a breathtaking spring festival capital flow in the last 15 days before the 2007 Lunar New Year Festival, overseas Wenzhou people through the bank to Wenzhou foreign exchange of more than 100 million U.S. dollars, equivalent to 7 yuan.More than 700 million yuan, and according to the Wenzhou People's Bank of China monthly distribution of financial institutions in the foreign currency deposit and loan balance statistics, 2008-2010 consecutive three years of Spring Festival, the city's foreign exchange deposit balance will appear 500 million-1 billion U.S. dollar growth, RMB deposit balance growth of 50 billion-100 billion yuan. Wenzhou Daily financial line reporter Yu Chengyong said that the city's "Capital Spring Festival" Peak generally appeared in the first half of the month before the festival.  At any time in the half of the month, to the bank outlets for the exchange must be ready to play a "protracted war" of the preparation line more than half a day is common. Looking at the whole of Zhejiang, "Capital Spring Festival" will be larger. How many Zhejiang businessmen develop outside the province? This number is about 6 million. How many goods and added value did they create? The answer last year was close to 2.7 trillion yuan, equivalent to the gross domestic product of Zhejiang province last year.  Zhejiang Financial office in charge of the director said, the vine is long, after all, Melon fell home, how to use good, use the foot of this day amount of capital, Zhejiang is now urgent to answer the subject. Reporter Notes Recycled capital reservoir Zhejiang business "not bad money." But now Wenzhou is trapped in a shortage of investment, local analysts say, with the Spring Festival as a representative of the return of capital, but to Wenzhou as a transit terminal, a little stay that way. Speculation room, fried coal, fried cotton, fry, investment wells, intervention risks and venture capital funds ...  The local government is embarrassed by the "disloyalty" of Wenzhou capital to local investment. Not only is it embarrassing, Wenzhou is appreciating the bitterness of capital outflows. At present, Wenzhou is pushing forward the basic construction, industrial upgrading, urban management, urban and rural planning, ecological protection ... There is no need for money. The problem is that more and more Wenzhou people foreign investment, often in Wenzhou enterprises for Shell financing, resulting in a strong draw away from local funds. At the same time, due to the shortage of resource aggregation, Wenzhou financial institutions lack the creativity to match their reputation.  Lack of continuous living water, the reservoir is difficult to ripple. Wenzhou, the relevant head of the financial office, in order to rebuild the capital storage function of Wenzhou city, in addition to creating a large environment, but also from the financial perspective of good governance: first, to cultivate a group of local legal and financial institutions, in the country and even around the world to attract more financial enterprises, investment consortia,  Wenzhou to promote the formation of multi-level financial structure, the accumulation of financial resources, play the role of leverage. Second, to promote innovation in financial products.  We should not only guide financial institutions to vigorously develop innovative businesses such as forest Rights mortgage, farm house mortgage, maritime rights mortgage, trademark patent pledge loan, but also focus on the innovation of "big financial products". Third, broaden the channels of private investment, guide a large number of surplus social capital and new credit flow to the real economy, venture capital, industrial investment agglomeration. The government tries to build the hard environment through the reorganization of state-owned enterprises, and through various system innovation, we should establish the modern market economy system oriented by the old-promoting-new.

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