In this era of rapid change, we often see some large enterprises facing difficulties, like a lone wanderer walking on thin ice, faltering. Xu Jiayin's Evergrande Group is such a heart-wrenching case. He borrowed $100 billion in the United States, who in my country's bank gave the guarantee?Bank guarantees alone are not enough, and Xu Jiayin would not have been able to borrow so many dollars without the approval of the State Administration of Foreign Exchange. China's foreign exchange management system is quite strict, and this fund is about to expire, Xu Jiayin seems to be unable to repay the loan on time. If the bank pays it back, but there is not enough to make the payment**, then the bank will face a huge dilemma. Evergrande may declare bankruptcy in China because there are relevant bankruptcy regulations, but it is invalid to declare bankruptcy in the United States. If every large enterprise falls like Xu Jiayin, how should we respond?
First of all, we must realize that the business difficulties of enterprises are not accidental, but problems that will inevitably be encountered in market competition. As the ancients said, "shopping malls are like battlefields", and enterprises need to constantly adjust their strategies, expand their business and improve their competitiveness on this battlefield. In the process, it is inevitable to encounter some unforeseen risks and challenges. Therefore, we should not just blame individual enterprises for the problem, but should think about how to guide and support the development of enterprises from a macro level.
Second, we need to strengthen supervision and guidance for enterprises. **The department should increase its support for enterprises and provide more policy support and preferential measures for enterprises. At the same time, it is necessary to strengthen the supervision of enterprises to ensure that they carry out business activities within the scope of legal compliance. It is necessary to severely crack down on those enterprises that violate laws and regulations and maintain a fair competition environment in the market.
Thirdly, we must improve the quality and ability of the enterprise. If enterprises want to be invincible in the fierce market competition, they must continuously improve their core competitiveness. This includes technological innovation, management innovation, talent training, etc. Only in this way can enterprises continue to adapt and develop in the face of market changes and avoid falling into difficulties.
Finally, we need to focus on corporate social responsibility. While pursuing profits, enterprises should also pay attention to their own social responsibilities. This includes caring for employees, protecting the environment, and giving back to society. Only in this way can enterprises win the respect and trust of the society and make greater contributions to the prosperity and development of the country.
In short, in the face of cases like Xu Jiayin, we should not only pay attention to the plight of enterprises, but also think about how to guide and support the development of enterprises from a broader perspective. Only in this way can we achieve sustained and healthy economic development in the tide of globalization.