Textile and Garment Company started building the credit rating system
Textile and Garment Company started building the credit rating system
China Textile Industry Association has announced that textile and apparel industry was officially launched Enterprise credit evaluation. This marks the textile and apparel industry financing of SMEs, business credit management levels and low anti-risk ability issues will be resolved, and build faith, and dishonesty of reward and punishment mechanism.
"Sized Enterprises yes government attaches great importance has persistent hard to break, 99.4 percent of Chinese Textile Industry Yishang are SMEs, and their financing difficulties mainly in guaranteed money difficult, and this is the most important of Lack of Credibility caused by the international financial crisis after this period the urgent need to address. "president of China Textile Industry Association, said Du Chau, the textile industry is a traditional pillar industry of national economy and an important livelihood industry, currently working from a Major Textile Textile power changes, the establishment of credit evaluation system of textile enterprises not only to provide credit guarantee for the corporate finance and strong evidence, but also can improve brand competitiveness of enterprises, can also be formed from the industry keeps its promises in terms of good habits, resulting in the promotion of endogenous development of the industry power.
Du Chau receiving questions frankly, the current construction of textile and garment industry there are many credit shortage, such as a false escape standard, contract fraud, FALSIFYING induced by lack of sales and credit sales agent conflicts are restricting the development of the industry, the industry should be solved The "credit crisis."
China Textile Industry Association is the SAC the Ministry of Commerce and the third batch of the credit evaluation of the pilot units in the industry. According to the China Textile Industry Association, Office of Director Ye Zhimin introduction of credit, China Textile Industry Association will host the first in the Association and members of professional associations to carry out corporate credit evaluation. Corporate credit rating will follow the realistic objective, corporate voluntary, open and transparent, service members great loss principle. Corporate credit rating will serve as an association to promote business development services to member companies of the long-term work carried out, from the 2010 corporate annual report received. Du Chau said that some companies are already active reporting requirements for evaluation.
According to Du Chau introduction, textile and garment industry, enterprise credit evaluation system for the basic framework of textile and apparel companies in the financial, finance, human resources allocation, business operating conditions, business management, product quality, production safety, social prestige and many other factors to be an objective analysis and evaluation, released to the community twice a year of evaluation results, carried out as a corporate finance, mergers and acquisitions, foreign economic activity, an important reference. "A lot of production scale and sales are not telling the truth, so our credit rating system to include these basic data."
In addition, the association will also set up channels of trade credit and business credit information collection database, the focus of the credit files, credit files to include trading partners, companies can voluntarily exchange, as long as the information you can provide your own for free inquiry, the community is can be compensated open. It will also establish a trustworthy and dishonesty of reward and punishment mechanism, and trustworthy business associations will be for financial institutions, relevant government departments to recommend, while bad credit business will be incorporated into a "black list."
Du said that the textile industry for the international and domestic markets, chain length, industry cluster effect is obvious, direct service to hundreds of thousands of consumers, textile and garment enterprises to establish a credit system and credit rating industry, work, relationships to the business and interests of all parties.
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