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    China Textile Materials Industry Usher In Electricity Supplier Era

    2012/3/13 16:56:00 15

    Textile Business

      

    Chinese textile materials

    The industry will usher in the electricity supplier era.

    In March 17th, under the direct licensing of the China Textile Industry Federation, the "China textile materials trading center" jointly launched by the red bean group and the Wuxi textile material exchange will be opened in Wuxi. This is the first third party electronic trading platform based on spot trading in the specialized market of China's textile materials.

    This will also promote the pformation and upgrading of China's textile industry from strength to strength, enhance the competitiveness of the textile industry, and restore the strength of the Wuxi textile terminal.


    The State Council has put forward the development of electronic commerce as a national development strategy. Through e-commerce, the pformation and upgrading of traditional industries and the realization of leapfrogging, low carbon and sustainable development have become the necessary support platform for every enterprise to lead the development of the industry and realize the value of the enterprise.

    At the end of last year, the China Federation of textile industry clearly put forward the core strategic objective of textile power.

    Aiming at this development opportunity, "China textile material trading center" came into being.


    China textile material trading center was approved by the Wuxi Administration for Industry and Commerce in 2011 11, with a registered capital of 200 million yuan. It is a key construction project in Jiangsu and Wuxi, Jiangsu.

    The China textile material trading center aims to build a one-stop, third party electronic trading and service platform integrating electronic commerce, credit payment, warehousing and storage, logistics and distribution, financing services, quality supervision, brand promotion and product marketing by integrating the domestic and foreign textile material resources and adopting modern e-business means. It aims to achieve the organic integration of information flow, business flow, capital flow and logistics. The goal is to build the most authoritative textile material trading center in East China and even across the country, leading the Chinese textile material market and striving to become the pricing center of the global textile material industry.


    The inevitable trend of the rise of e-commerce


    Since the rise of trading markets everywhere, traditional

    Spot trading

    It plays an important role in the circulation of textile materials.

    However, with the popularization of information technology, e-commerce mode has begun to influence and impact traditional textile material trade.

    E-commerce of textile materials has gradually become a new trend in the industry and new profit growth point that may be formed.

    According to the Ministry of Commerce, the volume of e-commerce pactions in the next five years will maintain an annual growth rate of more than 20%, and will reach 12 trillion yuan in 2015.

    Up to now, there are increasing trends in the domestic textile material trading market involving online pactions, but the real realization of spot electronic pactions is still relatively small. The vast majority of textile traders in the industrial group still maintain the traditional mode of trade.


    In traditional spot trading of textile materials, pactions are conducted directly by buyers and sellers, and the time, place and mode of paction are decided by both sides.

    Market information is not equal, price pparency is not high, it is difficult to form a unified price; paction efficiency is low and cost is high, it is easy to appear paction integrity problems, resulting in quality disputes and "triangle debts".

    Propaganda and promotion methods mainly rely on textile trade, professional market, media advertising, and even word of mouth. These traditional methods have disadvantages such as high cost of marketing, low efficiency, and no sharing of resources.


    How to reduce the drawbacks of traditional business models? E-business provides new possibilities for all these changes.

    Besides the advantages of improving paction efficiency and reducing costs, spot electronic trading is more important than that of its business mode, which is an innovation in the supply chain of textile materials.

    Spot electronic pactions make textile materials trade more efficient and cooperative, and different varieties can form a dominant alliance, combined with various financing models, and warehouses, distribution, banking, supervision and operation of a complete integration, safe and efficient completion of the paction process.


    Four advantages


    China

    Textile materials trading center

    Using modern electronic commerce new technology to realize the traditional trade electronic pactions, timely pmission of scientific and technological information, vigorously promote the application of new materials, new technology, new technology, enhance the development level of the textile industry, improve the competitiveness of textile products, and promote the pformation and upgrading of the textile industry.

    Now many textile products suppliers and manufacturers, distributors and purchasers of products will not meet the problem of docking.

    For example, a buyer needs a product with a small market supply, but can not find a supplier. The supplier of this product is there. Because of the particularity of the product, it is also looking for a buyer who has such product demand.

    This is the traditional customer search method limited by the region, slow pmission of information, and can not be maximally spread.

    But on the platform of China textile material trading center, this problem can be solved, so that both sides can break through the restrictions of space and time and space, easily get business opportunities, and easily get what they need.


    "China textile material trading center" has four advantages: first, regional geographical advantages.

    Located in the economically developed Yangtze River Delta region, a number of specialized textile cluster markets are distributed around it, which is the core area of China's textile industry. The resource advantages of the group are also very obvious. They own two or three enterprises, 75 of which are engaged in textile production, and 465 other processing units.

    Two, platform technology advantages.

    With telecom and Unicom double line access, 3A level system operation environment, using advanced international network security system, equipped with high-end authoritative data encryption, electronic identity authentication technology, to create a stable, safe and reliable online spot trading platform; three, service supporting advantages.

    It provides one-stop supply chain services such as supply and demand, spot pactions, financing services, credit rating, quality control, warehousing and logistics. Four, the government supports the advantages.

    In the process of creation, the government and the local governments at all levels have strong support.


    Six functions


    "China textile material trading center" has six major functions: first, spot trade and circulation function.

    Through online centralized mass trading information and platform perfect trading matchmaking system, it provides high quality and efficient paction services for enterprises.

    We should establish warehousing and logistics system in close proximity to the production, consumption and trade of textile materials, and provide supporting services for commodity circulation.

    Two, online settlement function.

    The center has opened a number of bank's member funds hosting and payment interface management functions, supporting payment in various ways, and cross regional inter bank payment.

    Three, supply chain financing function.

    The central bank has collaborated with ICBC and other banks to develop warehouse receipts, order financing, confirmation warehouse financing and other financing businesses, which has broadened the financing channels of dealers.

    Four, credit rating function.

    The platform introduces a world-class credit rating system and establishes a unique credit rating mechanism for commodity traders in China.

    Five, information pmission function.

    In the process of participation of producers, wholesalers and purchasers, the platform accurately reflects the price of commodity and the relationship between market supply and demand, and enables the information pmission to be faster, more convenient and pparent through the use of e-commerce platform.

    Six, commodity pricing function.

    The spot electronic trading platform of the trading center has a very strong pricing function. Enterprises can better grasp the trend of commodity prices and optimize the allocation of resources.

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