Cross Border Electricity Providers Have The Biggest Advantage

In the opinions of the people's Bank of China on financial support for the construction of free trade pilot zones in China (hereinafter referred to as "opinions"), allowing overseas financing of enterprises has become one of the highlights of the Shanghai free trade zone's entry into the actual stage of operation.

Due to lack of fixed assets, Online retailers It has been difficult to finance domestic financial institutions and is highly dependent on VC/PE, resulting in the loss of autonomy in the course of development. Some people in the industry believe that there is an urgent need for the electricity supplier of financial opening to go to Shanghai free trade zone. However, some electric business practitioners believe that the open policy of FTA mainly aims at financial, insurance and other industries, so the temptation to online insurance platform and P2P enterprises is greater.

　　 Allowing overseas financing of enterprises

In the opinion, in order to facilitate the facilitation of foreign financing, Chinese and foreign funded enterprises, non bank financial institutions and other economic organizations registered in the pilot area are allowed to integrate funds from overseas into foreign currencies according to regulations, improve the macro Prudential Management System of the full scale foreign debts, and take effective measures to effectively prevent the risks of foreign debts.

From the analysis of the North Business Research Institute, it is pointed out that financing from abroad mainly refers to borrowing or lending from abroad, or equity financing, such as financing through industrial funds and investment banks outside the country, and structural financing, that is, the integration of several financing methods. For some trading enterprises, it also includes trade financing.

In the view of the head of the domestic electric business enterprise, the FTA allows enterprises to finance overseas, bringing convenience to the exchange of enterprises, and helps the electronic commerce industry with frequent foreign financing. China's e-commerce market outlook and investment strategic planning analysis report 2013-2017 shows that in the first half of this year, China's venture capital market reached 44, with a total value of more than 7 billion 836 million yuan, of which foreign currency investment accounted for 70.67%. Beijing Business Daily reporter learned that after a group buying enterprise had received foreign currency financing and was unable to convert to RMB by foreign exchange control, it had asked for a commercial dollar account to receive payment, and it was also reported that the funds were tight and negative rumors.

　 Cross border electricity providers have the biggest advantage

Since September 26th this year, "cross border communication" has become one of the most concerned enterprises in the electricity supplier industry. On that day, Dongfang Electronic Payment Co., Ltd., the parent company of cross border communication, was officially approved by the comprehensive division of the State Administration of foreign exchange for conducting pilot projects on cross-border e-commerce payment for foreign exchange. This also meant that cross border communication became the first e-commerce platform in the FTA and the only national cross-border trade electronic trading pilot in Shanghai.

Unlike the B2B export nature of the mainstream cross-border electricity supplier, cross border is a sea terrace import platform, which is released and shipped by overseas brands. Consumers can see the price of goods and tariffs and logistics costs on the page. It is worth mentioning that, unlike physical stores, cross border links have different degrees of preferential treatment because of different tax modes. For example, in traditional retail enterprises, the tax rate of cosmetics imported in the form of general merchandise is 150%, but cross border pass can declare 50% of personal belongings. Insiders say that the price of Hai Tao represented by cross border communication is generally lower than that of traditional retailer 20%-30%. Although it is still a "tax free" purchase on the C2C platform, some consumers are still captured by formal, fidelity and price transparency.

In addition to cross-border access, including a number of 1 shops, including a number of Shanghai electricity supplier enterprises have made it clear that because of food imports or "customer service" demand, intends to settle in the Shanghai free trade zone.

Zhao Guozhang, a co-founder and deputy general manager of the orchard every day, told the Beijing Commercial Daily reporter that the Shanghai free trade zone has led to a larger impact on finance, insurance and port shipping and logistics enterprises. "As a fresh fruit import and export enterprise in Shanghai, we have been concerned about the relevant policies of the Shanghai free trade zone."

Zhao Guozhang disclosed that due to the relevant inspection and quarantine links of agricultural products, it would not enter the Shanghai Free Trade Zone too quickly, but now there is a project near orchard in Shanghai every day. In the future, there will be development prospects in the Shanghai free trade area, such as offshore fruit trading, export processing and so on.

On-line Finance Insurance keen

However, the phenomenon of getting together with the Shanghai electric power providers is different. There are also directors of Beijing electric business enterprises, who say that whether the online or offline businesses, the FTA's drive to industry is far less than that of financial Domain company. There is no need for the local massive vertical electricity supplier to abandon the current registered place to the FTA.

Reporters learned that, compared with the physical type of electricity providers, online sales of financial and insurance products of Internet financial enterprises are more enthusiastic about this. The first enterprise to get the FTA business license is the online insurance sales platform. We guarantee that it will apply for the establishment of a wholly foreign owned enterprise, "Ali (Shanghai) Network Technology Co., Ltd." in the free trade area, with a registered capital of US $3 million. In the view of CEO, Fang Yu Shu, although the future prospects are not yet conclusive, the FTA's foreign exchange conversion is convenient and easy to engage in foreign financing.

Recently, the hot P2P company has also been seen as the hot area of applying for FTA business license. In addition to financial and trade freedom, housing prices pushed up by the FTA have also become a booster for investors in the Yangtze River Delta to seek investment projects on the P2P platform.

P2P net loan platform building box chief risk officer Guo Jiequn told the Beijing Business Daily reporter that building blocks are very concerned about the development of the free trade area, and have registered in the Shanghai free trade area.

"However, the Shanghai free trade zone policy rules have not been published yet. The key question is whether China's financial market is a market or a two market. If it is the two market, then the Shanghai free trade zone is just an offshore market. It is an expansion of the Hongkong market. There will not be much communication between the mainland and the mainland, and the benefits to the financial services platform are limited. " Guo Jiequn said frankly.

Bonded warehouse or competitive core

In addition to finance, warehousing operations driven by bonded warehouses are seen as another hot spot for the FTA. At present, enterprises have begun to lay out deep tillage works in the Shanghai free trade area, hoping to create new growth points through the rental services of bonded warehouses.

How much cost can a bonded warehouse cost? A case can be explained: at the end of October, the first artwork bonded warehouse in China was settled in the FTA. According to media reports, with a 1 million yuan commodity as an example, the storage in the free trade zone will save at least 240 thousand yuan of tax.

Go back to business In the field, the development of cross-border electricity providers in the free trade area will continue to produce demand for bonded warehouses. According to the insiders, the FTA will focus on the development of warehousing and e-commerce services with the focus of importing electronic business. It will become a storage and operation base for overseas brands and online retailers. The quality of bonded warehouses and other logistics resources may become a hot spot for enterprises to compete.