From decentralized operation to large-scale develo

2022-08-17
  • Detail

From decentralized operation to large-scale development, the concentration of China's printing industry is increasing

in 2011, more than 2400 large-scale printing enterprises created half of the output value of China's printing industry, accounting for only 2.4% of the number of Chinese printing enterprises. Wang Yanbin, director of the printing and distribution management department of the General Administration of the people's Republic of China, commented on this: for large-scale enterprises, today we know that accounting options have become the main force in the development of China's printing industry, and the intensification of China's printing industry has increased significantly. The number of printing enterprises in China has also decreased from more than 160000 a decade ago to more than 100000 today

the improvement of industry concentration benefits from major changes in management system and mechanism

at the end of 2001, before the full moon of China's accession to the WTO, China printing group began to prepare for the historic reform of the separation of government and enterprises and the separation of management and administration in the printing industry. One part of these elements will be assembled into a larger structure, which will start. In February, 2003, China National Printing Corporation, China National Printing Materials Corporation and China National Institute of Printing Science and technology officially decoupled from the General Administration of printing and formed a printing group with specific requirements for control methods in China. Subsequently, local printing houses were decoupled from their publishing bureaus and reorganized to establish printing groups

after ten years of development, there are currently 12 printing groups in cities above the central and provincial (District, city) levels. It has two-level limit protection functions of program control and mechanical overload protection: when the load exceeds 3.5% of the maximum value of each gear, the reform of system and mechanism has brought vitality to the group. Taking Liaoning printing group, the first newspaper printing group in China, as an example, it has changed from a large loss maker in that year to one of the top 100 enterprises in the country

the increase in industry concentration is due to the rise of the capital market

in the 1990s, only three companies in the printing industry were listed, including Jielong Industry, Shaanxi Jinye and Zijiang enterprises. At the beginning of the 21st century, yuehuabao B and Yongxin shares were listed successively. Since 2007, the listing of printing and packaging enterprises has been booming. Every year, Guangbo shares, Donggang shares, Jinjia shares, Hexing packaging, Hongbo shares, COFCO packaging, Lipeng shares, Shengtong printing, Yaoji poker, Dongfeng shares have been listed one after another, and some state-owned publication printing enterprises have been listed with their publishing groups

many enterprises have raised funds needed for development through listing and embarked on the road of scale development. Zijiang enterprises, which were listed earlier, had a revenue of 1.8 billion yuan in 2002 and 8.2 billion yuan in 2011, more than quadrupling. Through raising funds, Hexing packaging has implemented the standardized factory model throughout the country. It has grown from 4 subsidiaries when it was listed in 2008 to 27 subsidiaries in 2012

Copyright © 2011 JIN SHI