Cross Border Electricity Providers Welcome Intensive Policy Support

The State Council issued a proposal to speed up fostering the competitive advantage of foreign trade, and urged China to pform from a trading power to a trading power, vigorously promote the adjustment of the foreign trade structure, enhance the international competitiveness of foreign trade, and deepen the level of economic and trade cooperation with the countries along the belt and the road.

The suggestion put forward that we should vigorously promote the development of cross-border electricity providers, and actively carry out the pilot work of comprehensive reform of cross-border electricity providers.

Agency believes that in March this year

China's first cross-border electricity supplier comprehensive pilot area was approved.

Release and operation mode mature, cross-border electricity supplier comprehensive test area is expected to expand.

It is estimated that by 2016, the import and export volume of cross-border electric business will increase to 6 trillion and 500 billion yuan, the annual growth rate will exceed 30%, and the volume of trade will increase to 20%.

The development of cross-border electricity providers will be related to logistics services and platform construction.

Operation and other enterprises bring market development opportunities.

According to the Shanghai post, after sorting out, the support policy for cross-border electricity providers has been introduced this year, and the related obstacles have been gradually eliminated.

In January, the 29 State Administration of foreign exchange issued the notice of the State Administration of foreign exchange on launching cross border foreign exchange payment business of Payment institutions. The online shopping list paction limit increased from $10 thousand to US $50 thousand. In March, the 12 (Hangzhou) cross border electricity supplier comprehensive test area was approved to become the first pilot city in China. In April, 28 days ago, Premier Li Keqiang chaired a State Council executive meeting to deploy consummate imports and exports related policies, enrich domestic consumer shopping choices, reduce import tariffs on some consumer products, and adjust the scope of taxation.

Under the support and release of a series of policies, obstacles such as payment, logistics, customs declaration and inspection are gradually being eliminated in the development of cross-border electricity providers. With the increase of market demand, the industry will usher in opportunities for accelerated development.

Over the next few years, the scale of cross-border e-commerce pactions is expected to maintain an average annual growth rate of 30%, which will significantly increase the proportion of total imports and exports.

At the same time, the export electricity supplier accounts for about 80% of cross-border electricity providers, and is expected to maintain the growth rate of 20%-25% in 2017, which will reach 6 trillion and 640 billion yuan in the future.

On the company side, China trade logistics main cross border comprehensive logistics business, has completed the cross-border e-commerce import logistics service team, license plate layout and international express license application.

The core business of Sinop is air freight forwarding and express delivery. It is actively distributing cross-border e-commerce logistics services. In March this year, it will cooperate with Yiwu in cross-border e-commerce business. The company will intensify its efforts to promote the development of the business.

Haining leather city mainly engaged in Haining leather city shops leasing and merchandise sales business, recently announced the preparation of additional fund-raising 1 billion 740 million yuan, overweight Haining Leather City Asset Acquisition and follow-up project construction.

The company said that the South Korean cross-border e-commerce platform, which is mainly built, is expected to go online on 7. It will ensure the upstream supply chain advantages through rational cooperation with the largest welfare Electric provider in South Korea. The initial platform will focus on the two main categories of Korean genuine trend and tourism products, and realize O2O entertainment experience.

In addition, the scale of the company's P2P finance platform has increased steadily. It is expected to reach 2 billion yuan in 2015 and strive to increase to 5 billion yuan and 10 billion yuan in 2016 and 2017.