Facing up to test of rising costs
Source: Xinhua |
April 26, 2010, Monday
|
Print Edition
Print Edition
NEW data released over the weekend reveal nearly 80 percent of Chinese entrepreneurs view rising costs of raw materials and labor as the biggest challenge for the future.
The rising costs of these two factors topped the list of challenges for Chinese enterprises in three to five years, according to results unveiled by Development Research Center of the State Council, or China's Cabinet.
The other challenges include policy changes and government interference and changing customer demands, according to the survey, which was done from August 10 to October 15 last year.
To overcome the difficulties, 75 percent of the respondents said they would tap rising domestic demand, while more than 66 percent said developing new products and business will help their companies survive.
The survey also shows that 86.4 percent of the entrepreneurs are trying to cut resource consumption to save costs, while 75 percent of them are eying opportunities in low carbon use areas.
The rising costs of these two factors topped the list of challenges for Chinese enterprises in three to five years, according to results unveiled by Development Research Center of the State Council, or China's Cabinet.
The other challenges include policy changes and government interference and changing customer demands, according to the survey, which was done from August 10 to October 15 last year.
To overcome the difficulties, 75 percent of the respondents said they would tap rising domestic demand, while more than 66 percent said developing new products and business will help their companies survive.
The survey also shows that 86.4 percent of the entrepreneurs are trying to cut resource consumption to save costs, while 75 percent of them are eying opportunities in low carbon use areas.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
