What should we do in the current situation of a sluggish market?
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It is now an undeniable fact that economic development is slowing down, **and the data released also confirms this. The industries most affected are those in the basic sectors, such as machinery and steel; when these energy-intensive industries fail, it has a negative impact on related industries as well. For example, if electricity consumption decreases, power plants earn less profit, and coal usage also decreases accordingly. As a result, coal prices dropped, and the profits of some energy industries that are tied to coal decreased. A series of such chain reactions led to the shutdown of many production lines, as well as the closure of numerous small private manufacturing enterprises, which tried every possible means to reduce their losses. So the question arises: what do the workers and production lines that stop working at this time do? In fact, I think that since production is also resulting in losses at this point, it would be better to prepare for the future by streamlining operations, providing proper training, and maintaining high-quality equipment. For the production lines, we can now carry out maintenance work – inspecting and repairing all the equipment used in the production process. Those that need to be replaced are replaced, and those that need repair are fixed. This way, we avoid wasting time on repairs once the market improves; we need to make use of that time now. Hehe, just my personal opinion, for discussion only, thanks.
The experience of 1929 tells us that pouring things like milk into the river is the best course of action. The crisis comes at night, when one is free, to learn new knowledge and recharge. There is a time when day breaks.
If manufacturing companies don’t have **subsidies**, few of them can make a profit. State-owned enterprises may be able to afford losses, but can private enterprises do the same? Therefore, I believe it’s necessary to build up strength now in order to prepare for better market conditions in the future – fixing and replacing the production lines as needed.
Since they’re already losing money, how can private enterprise owners afford to invest more in repairing the equipment? There’s still training; it’s good enough that no layoffs are happening!
It’s a matter of having a long-term perspective; since one still intends to work in this field, it’s necessary to prepare for the future while cutting costs, hehehe.
Pouring out the milk now is definitely not a good idea; in the past, transportation and communication were underdeveloped, but even if it’s sold cheaply, the costs will still be high! Times have changed; it was the era of capitalism. Even then, milk wasn’t made available to ordinary people. It wasn’t really a case of overproduction – rather, the goal was to raise prices as much as possible, so that ordinary people couldn’t afford it. They also refused to lower prices. If milk cost just a few cents per pound these days, I guarantee I’d drink milk every day!
Who wants to do something that results in losses? Milk is cheap where it’s produced, but unfortunately the transportation costs are too high
Socialist milk dumping vs capitalist milk dumping
The reversal of socialism is not a fantasy; it is a reality that is taking place. A search online will take you to http://finance.sina.com.cn/chanjing/yjsy/20150118/105621324184.shtml
For ordinary private companies that are operating at a loss, there are few that have the funds to sustain such an endless period of decline; it’s better for them to suspend operations, just like stocks do. . . In better companies (including private enterprises), there are always people available to carry out maintenance work. As for technology, to put it bluntly, only a few companies in China develop innovations on their own; most just copy what others have done. Even if a company lays off all its employees, as long as the department heads remain, they can find people to take on tasks whenever there are projects to be done. So during tough times, it are the workers who suffer the most, and it is they who should strive to improve themselves rather than waiting for so-called company training
A living person can’t die from holding in urine. Now is the time to broaden one’s horizons and network.