Study On Cashmere Enterprises’ Financing In Ningxia

Since2003, proposed enlarging the autonomous governments of cashmere industry in Ningxia and cashmere main distributing center of lingwu city, Ningxia tongxin County set up cashmere industrial park, and finance, accelerating the construction of Park infrastructure, for the development of cashmere industry’s rapid development provides a good space. To increase investment attraction efforts, at all levels of Government combined with practical, made a number of practical measures in areas such as land transfer tax to give enterprises a number of preferential policies. April2007, for further speed up Ningxia cashmere industrial development, autonomous region municipal people’s Government introduced has the United on speed up cashmere industry development of views under, from funds inputs, and tax policy, area on focus enterprise and processing project for support, for Ningxia cashmere industry health fast development created has loose of development environment, not only grow has Ningxia featured industry of development, also pulling farmers increase and concentric, and Lingwu County domain economic of development.Because the cashmere industry is a capital-intensive industry, coupled with the cashmere industry into the fast lane, cashmere enterprises gradually grow, corporate financing demand. Combined with cashmere product price volatility, there is a lot of market risk, most of the enterprise risk management capacity is weak, enterprises Tunji raw material, production operations link occupies a large amount of funds. Regional characteristic advantage industry development strategy under the guidance of the autonomous region, the financial institutions have increased credit support of cashmere industry, sheep into corporate financing environment improved considerably. But of different types and sizes of cashmere enterprises still face different problems in the financing, this article find cashmere from the start with the problems and deficiencies in the corporate finance and provide recommended solutions to cashmere enterprises’financing difficulties, and to submit concrete financing countermeasures of cashmere enterprises, hoping to promote the healthy and sustainable development of cashmere industry play an active supporting role.