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SMEs can ride over the global slowdown, NPC deputy
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15:49, March 05, 2009

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Apparently, many state-owned enterprises (SMEs) in China have suffered heavily from the global financial turmoil. At this critical moment, the attitude, actions as well as measures SMEs are taking, matter a great deal on whether they can reverse the passive situation and get production back on track.

Chang Dechuan, NPC deputy, Chairman and President of Qingdao Port (Group) Co., Ltd noted that SMEs should set an example of wholehearted service to both country and people, and help all employees get through the difficult period.

I am confident that SMEs can ride over the slowdown

Chang said enterprises, entrepreneurs and employees should be fully confident when tackling the global downturn. The crisis has posed a great challenge, and state-owned enterprises should take responsibility and bring benefit to the country, society and employees.

NPC deputy Chang Dechuan noted that SMEs should set an example of wholehearted service to both country and people, and help all employees get through the difficult period.

Chang noted that financial meltdown has resulted in a huge contraction of global trade. Qingdao port suffered production cuts from the fourth quarter last year. The right decisions made by CPC Central Committee and State Council have injected vitality and confidence to the port.

As premier Wen pointed out, “we must ensure that all policy measures we have adopted are the right ones; secondly, we must act fast; thirdly, we must take forceful steps; fourthly, we must make sure that these measures are effective ones,” SMEs should enact these effective measures to expand domestic market. Taking Qingdao port as an example, the measures have been proven beneficial and produced positive results so far.

In January this year, with concerted efforts from all employees, Qingdao port handled up to 25.72 million tons of cargo, the highest level on records.

We promise not to shed jobs amid global downturn

Chang said that enterprises should put the interests of employees as their top priority and bring actual benefits to all workers. “We will not shed jobs during the financial meltdown. All 23000 staff at Qingdao Port, including 9000 migrant workers will stick to their posts. Workers need help from enterprises in times of emergencies, and the development of enterprises largely depends on the harmony between SMEs and employees, that is to say, the wealth of employees will boost the growth of enterprises.”

“The concerns of employees should be carefully addressed. At any time, enterprises should not seek development by harming the employees’ interests. As the president of Qingdao Port, I repeatedly called on all the management staff to pay special attention to the feelings and conditions of employees, and think about their specific needs.

SMEs are facing pressures from production cuts as global economic crisis intensifies. Qinghai Port initiated a series of measures to create job opportunities and boost workers’ incomes. Meanwhile, all the employees could enjoy full-time training on managerial skills and advanced techniques.

By People's Daily Online

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