Moritehoted: In the face of population dividend disappear small and medium-sized enterprises need flexible transformation

Haocapital partner, Monitor Group China Board chairman Khoted today in a dialogue with Sina financial affairs, said that small and medium-sized manufacturing enterprises only to maintain the flexibility of the business model in order to cope with the disappearance of the demographic dividend caused by the transition. Chinese companies, especially manufacturing companies, have long relied on cheap resources and labor to gain rapid growth and, for a long time, to boost China's economy.　　With the ageing of the population, the advent of Lewis's inflection point has challenged manufacturing companies, especially small and medium-sized manufacturers.　　To deal with this change, Khoted believes, small and medium-sized manufacturing enterprises need to understand policy changes, seize opportunities and, more importantly, maintain the flexibility of the business model. He gave a realistic example. A manufacturing enterprise in the Pearl River Delta region, OEM production of an internationally renowned brand of luggage is its main source of profit.　　After the financial crisis, the brand's sales suffered a great impact, so the enterprise instead of building their own brands, and in the two or three-line city promotion. "The factory also allows employees to bring their own brands home, retail promotion, which is a very flexible way."　　"Khoted said.　　For the intention to go to international Chinese enterprises, Khoted prescription is: First in the local big, select local partners, understand the local culture. But overall, Khoted that China does not have to worry too much about Lewis's inflection point, because "some good changes are taking place in China." "In Khoted's view, innovation is becoming the main force driving China's economic growth, and as the economy continues to develop, services will be greatly facilitated." "The increasing social security provided by the Chinese Government and the reduced need for people to save will drive domestic demand to expand," he said. "he said. (Sho Yu)