Internet + Foreign Trade Helps Foreign Trade Enterprises Break Through

The China Import and Export Fair (Canton Fair) officially opened with the barometer and weathervane of China's foreign trade.

Affected by external demand and severe foreign trade situation, the average cost of exhibitors has dropped to 18%.

In order to stimulate the vitality of small and medium-sized foreign trade enterprises and help them obtain more overseas orders, Alibaba has brought a Datong foreign trade integrated service platform (referred to as "one pass") and credit guarantee service to show up for the Internet + foreign trade empowerment.

The General Administration of Customs of China disclosed recently that China's cargo was in the first quarter of 2016.

The total value is 5 trillion and 200 billion yuan, a decrease of 5.9% over the same period last year, of which 3 trillion yuan was exported, down 4.2% compared with the same period last year, and the downward pressure is still greater.

Wei Qiang, general manager of Alibaba's comprehensive foreign trade service platform, said that under the background of the weak environment of foreign trade export, foreign trade enterprises only rely on traditional exhibitions and docking, so it is difficult to display their strength to overseas buyers in a short time, so as to get orders.

Compared with traditional exhibitions that focus on offline negotiations and intention communication, Alibaba can promote the rapid establishment of trust and paction between traders, which to some extent make up for the shortcomings of traditional exhibitions.

Wei Qiang said frankly that cross border trade is the most difficult to solve the problem of credit, the high cost of communication and decision-making has led to overseas buyers dare not trust domestic small and medium-sized foreign trade enterprises.

"All kinds of foreign trade websites have many orders need to be wasted. The fundamental reason is lack.

However, with the increasing number of foreign trade data deposited by one Datong, Alibaba has been able to use these data to help domestic enterprises better attract overseas buyers.

According to the introduction, after opening a credit guarantee system for foreign trade enterprises, overseas buyers can see the Golden Shield logo, paction records, buyers' evaluation and the credit guarantee amount provided by Alibaba in the prominent position of the website, which means that the SME's performance and quality control capabilities are more secure.

In case of problems, complaints can be initiated. The Alibaba will advance to overseas buyers on behalf of the sellers within 7 working days according to the arbitration results.

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The slogan is "you dare to use, I dare to pay", which is exactly the same as Alipay's credit system, "you dare to pay, I dare to pay."

Wei Qiang said that last year, at the Alibaba international station, the number of enterprises receiving credit guarantee services based on real paction data increased by 15% on average, compared with the number of enquiries received before the opening of the company. The monthly increase in the amount of trust insurance orders was 13%.

Yangzhou Tongfang Reed trading company opened a credit insurance service soon after being bought by a French hotel supplies buyer. The first order was more than 160 thousand dollars.

Responsible person Yan Ya said: "buyers have basically through the traditional middleman order, often encounter price increases, not timely delivery and other issues, with a letter to protect him will not have this trouble."

Xiamen new color steel structure Co., Ltd. has successfully received orders from the top five hundred companies in the world and Tata Group, the largest group in India. Wang Shaohui, the head of the company, said: "customers say Ali's credit guarantee enables them to place orders without checking the factory. Even the inspection links can be saved, and time and travel expenses are saved."

Alibaba revealed that last year, global buyers made about 1200000 orders through credit guarantee services, the largest of which came from Japan, amounting to US $about 56000000, or about 360 million yuan.

In addition to raising the order rate of small and medium-sized foreign trade enterprises, Alibaba is also solving their financing difficulties.

Wei Qiang said, before the SME loans to the Bank alone is difficult to get approval, the key is that banks can not grasp the relevant business data of these enterprises, and through the real data of one Da Tong and credit guarantee service precipitation, small and medium-sized foreign trade enterprises can enjoy similar "export one dollar can get one yuan unsecured unsecured credit loans" such financial services.

According to the analysis of the industry, the cross-border B2B has come to the 2 era. The traditional export mode with manufacturing as the core is in the decline channel, but the Internet + foreign trade model, which is driven by the new service format, technology and large data, is rising rapidly.

After experiencing the information platform and trading platform, Alibaba international station has shown the trend of pformation to the data platform. Through the construction of a complete foreign trade link, the integration of data flow, capital flow and logistics will form an integrated foreign trade ecosystem to promote the development of small and medium-sized enterprises and stimulate exports, or to promote the supply side reform of the cross-border export enterprises and reshape the new social division of labor, and accelerate the pformation and upgrading of China's foreign trade.