Decline in demand as the industry's biggest challenges grind

The current global economy is now in a period of decline, but we can not judge this world economy has entered a deep recession. Marx once said that changes in the world economic cycle will be more complex, more and more rapidly, from a historical perspective, the economic cycle in different countries both W-type, there seesaw fall, as well as through state regulation was U-shaped, but the point is the same, there will be economic prosperity and decline, while the length of the down-cycle, depending on the policy control of the world economy, the environment and government authorities. From the current national vertical roller mill, the more emphasis on the social construction of livelihood security, which will undoubtedly stimulate the manufacturing and construction to pick up, and attached to these two sectors abrasives industry can take to survive, For this reason companies may wish to make more efforts for these downstream enterprises with good services. If divided into several large sections speak for example the European economy, the extent of the recession of the European economy, it should be said that this time, although the subprime mortgage crisis in the United States, but the extent of the recession in Europe first, England, United Kingdom in 2008 negative economic growth in the third quarter has been negative growth Q4 is also possible that next year the UK economy is also negative growth, but also add up. 2012 Eastern European economies is limited since most difficult period of the vertical roller mill. This time, the financial crisis is not local, but global, so the previous manufacturer specializing in the export of abrasives must consider the seriousness of the deficiencies of the international market demand, and to proceed with the development of the domestic sales market. The biggest problem is lack of demand grinding industry, export setback; the second block is a lack of innovation, good and bad market, product quality, many in the crisis discontinued small manufacturers. Although countries are greatly relaxed intensity, greatly save the city, but only dependent relaxation of lending rates to be saved, probably only temporary urgency. In this global financial turmoil domino-style, the current domestic economy has faced structure adjustment and upgrading. By the international economic and financial crisis conditions, the government's regulatory policy very much, very time-intensive enterprises in addition to facing a crisis, but also to step up skills, adjusting structure, promoting transformation, this is an opportunity, we want to maintain growth, expanding domestic demand, We want to make good use of this time to adjust the potential opportunities arising from the process for preparing the next round of development. Companies use this time to plan properly, we have a good plan of adjustment and the adjustment period after the long-term LM vertical roller mill. To strengthen financial management, try to improve the financial situation of the company, do not let your cash flow repeatedly reduced. Luo Baihui recommends that companies ensure adequate cash flow positive to return to their accounts receivable and payment. Have a good reputation and strength of the company, you can use to adjust the monetary and credit policy, go to the company's long-term development plan and raise funds in times of economic downturn to attract low-cost technology and talent, and to be digested and training, to seek the next greater development of the economic cycle. From the recent policy, the country will not experience economic downturn reduced vertical roller mill and control of the environment, it also highlights the government's determination to promote industrial restructuring and upgrading. Abrasives industry in order to seek support for the development and long-term national policy, we must work hard to do energy saving articles, seek to improve the use of clean energy and cleaner production technologies.