Home >

Trade Friction Can Not Stop The Overall Pace Of Globalization.

2017/2/9 21:53:00 40

Foreign TradeTrade FrictionGlobalization

In the field of foreign trade, China's small and medium-sized enterprises are facing the "paradigm shift" in participating in international trade. They are faced with three choices of foreign trade mode: traditional trade, namely, "foreign trade 1", mainly using the traditional line of foreign trade; the old mode of foreign trade business platform, that is, "foreign trade 2", using the online supply and demand information platform, without the support of big data; the new mode of foreign trade business platform, that is, "foreign trade 3", or "new foreign trade", utilizes the information platform of online supply and demand, and supports the construction of Global trade ecology with the support of big data.

On the eve of the G20 summit in Hangzhou in 2016, the "group of twenty business activities" (B20) issued the "B20 policy recommendations report", one of which is G20 to promote cross-border development.

Online retailers

The world public trade platform (eWTP).

EWTP was first put forward by Ma Yun at the Boao forum in March of that year.

When Trump met with Ma Yun, he talked about how to help small and medium-sized enterprises in the United States and American farmers to reach China and more countries' markets and consumers through the platform of Alibaba.

2016 is almost the worst year of Global trade.

Statistics show that in October 2016, the total volume of Global trade decreased by 1.1% compared with the previous month, and the September figure also dropped from 0.4% to 0.5%.

The World Trade Organization (WTO) forecasts that global trade growth in 2016 is expected to be 1.7%, the slowest growth in the past seven years.

Nor can China remain single.

According to customs statistics, in 2016, the total value of import and export of China's goods trade was 24 trillion and 330 billion yuan, down 0.9% from 2015.

Among them, exports were 13 trillion and 840 billion yuan, down 2%; imports 10 trillion and 490 billion yuan, an increase of 0.6%; trade surplus of 3 trillion and 350 billion yuan, narrowed 9.1%.

Trump was elected president of the United States, bringing some uncertainties to China's future foreign trade.

In a campaign speech, he said he had imposed a 45% tariff on Chinese goods.

He also proposed to cut the corporate income tax of up to 35% to 15% in the United States and punish those American companies that pfer jobs overseas.

Because the US government only levies corporate income tax to enterprises, this means that American enterprises do not need to pay taxes as long as they lose money.

Chinese companies pay a lot of taxes even if they lose money.

Therefore, the United States will become a low tax mode country suitable for investment or "remanufacturing industrialization", which will trigger a global tax revolution.

For China's foreign trade enterprises, this will also bring huge changes.

The United States towards low tax mode should be said to be basically a fixed number.

Faced with the trend of tax reform in the US, the Chinese government should actively consider how to turn to a low tax mode to cope with the upcoming global tax revolution.

China and the United States are leading the new economy and leading the globalization.

Among many Internet Co, although US apple, Google and Facebook are still global leaders, China's Internet Co, such as Baidu, Alibaba and Tencent (BAT), has been leading the world in some areas.

In the field of Internet finance, China and the United States are also leading the world. The expansion of Alipay under the Ali ant gold service is unstoppable in the whole country, and the year when the balance of treasure was born in 2013 was called the first year of China Internet finance.

No matter what dialogue and policy barriers exist between China and the United States, even the competition of sentiment or even institutional competition can not stop globalization.

Moreover, competition like system competition will eventually become an important global promoter.

In the field of foreign trade, China's small and medium-sized enterprises are facing challenges as well as great opportunities in the pattern of globalization and globalization.

First, China has the "gigantic effect".

China's about 1300000000 population form a huge market.

As Adam Simy said in the wealth of nations, division of labor is influenced by the market.

China has 39 industrial categories, 191 middle classes and 525 sub categories. It is the only country in the world that possesses all the industrial categories of the United Nations Industrial Classification, thus forming an industry system that is unique and comprehensive.

China's reform and opening up in the past 40 years has promoted China to become a global manufacturing center, forming huge quantities of engineers, technicians and skilled workers.

China is also the world's number one patent in the world every year.

Chinese enterprises are easy to strike a balance in choosing domestic trade and foreign trade, making it easier to balance the two and make it easier to use domestic division of labor to serve the international market.

Two, people often only pay attention to the high degree of dependence on China's foreign trade, but do not see another important feature of China's foreign trade, that is, its concentration is low and the average trade distance is far away.

Among the major trading nations in the world, the same feature as China is basically a net importer of the United States, India and Japan.

The low concentration of export trade reflects that goods are dispersed to different countries rather than concentrated to a few countries. This shows that China's overall foreign trade risk is low and its room for maneuver is large. Although the volume of foreign trade with developed countries such as Europe and the United States has declined, the trade space with Western Asia, ASEAN, Africa and South America is expanding.

Three, from the perspective of the structure of the main body of foreign trade, the share of private economy in China's foreign trade is bigger and bigger, which means that the overall vitality of foreign trade enterprises is bigger and bigger.

In 2015, the export volume of private economy surpassed domestic and foreign enterprises, accounting for 45.2%, and became the largest share of foreign trade.

The state owned foreign trade enterprises still have monopoly resources, or focus on import and export. The proportion of foreign trade is decreasing year by year.

Most of the foreign-funded export enterprises are mainly engaged in processing trade and are at the low end of the global value chain.

In addition, according to the "new new trade theory", high productivity enterprises can get enough profits and can afford the high fixed costs needed for export. The enterprises engaged in foreign trade are generally more efficient and profitable than those of domestic enterprises.

Then, as the main body of foreign trade, the private economy will raise the level of China's foreign trade in terms of innovation consciousness, profitability and business ability.

Four, the depreciation of RMB is conducive to the export of China's foreign trade enterprises.

Domestic expectations for the depreciation of the renminbi are basically the same, and with the relative strength of the US dollar, export enterprises will be more competitive in price.

Five is the mobile Internet and big data technology to reshape the global business form. China and the United States are leading the world in the use of mobile Internet and big data. The combination of mobile Internet technology and China's foreign trade is enough to offset the adverse effects of global economic slump.

Although China's foreign trade concentration is low, the average trade distance is far away, foreign trade enterprises have large room for maneuver, but it is difficult to make full use of this opportunity with the help of the traditional mode of foreign trade (foreign trade 1).

This is because in the traditional industrial era, large companies are engaged in pnational trade, and the goods are pferred by using large logistics such as containers.

The traditional trading mode takes advantage of the above opportunities, and the paction costs are too high. They include: searching for the cost of goods information and paction object information (search cost), obtaining the cost (information cost) needed to exchange information between the paction object and the paction object (information cost), aiming at the cost (bargaining cost) of contract, price, quality bargaining, making the internal cost (decision cost) related to the decision and signing the contract, and monitoring the cost of the paction (supervision cost).

At present, several foreign trade e-commerce platforms are leading the "Internet + foreign trade", including China manufacturing network, global resources and Alibaba international station.

They face different opportunities and challenges.

These foreign trade e-commerce platforms actually mean that entrepreneurs in the business sector themselves promote globalization.

This globalization can hardly see the end. In general, there should be boundless scenery.

These foreign trade e-commerce platforms are innovative business models of foreign trade. Platform companies establish and maintain cross border Internet platforms, which serve as a medium for foreign trade pactions, and supply and demand information of suppliers and suppliers in a flat manner, matching the supply and demand of both sides.

These cross-border e-commerce platforms are profoundly reshaping China's foreign trade.

In the late twentieth Century, the e-commerce platform for foreign traders started in China. The earliest cross-border e-commerce platform was closer to the "Yellow Pages" of foreign trade enterprises, providing information display and basic paction consulting services for small and medium-sized export enterprises.

Subsequently, the format of cross-border electricity providers began to enrich, extending from the earliest production and wholesale terminal (B2B) to the retail terminal (B2C, C2C), expanding from the basic information consulting platform to online trading platform, expanding services for domestic export enterprises to serve global importers and exporters.

In China's domestic cross-border business platform, the Alibaba international station is playing an increasingly leading role.

Domestic consumers often only know Taobao's Alibaba, but do not know Alibaba international station, Alibaba international station as a foreign trader B2B platform by Ali people positioning as the online silk road.

The average trade distance of China's trade is far behind that of the United States.

Trade

Distance shows that China's foreign trade has a high frequency, and the paction cost is also high in the long distance foreign trade, and the new economy can cut down the paction cost substantially.

However, the old cross-border electricity supplier mode (foreign trade 2), as an ordinary mode of "Internet + foreign trade", relies mainly on extending offline search to online platforms, not settling trading data, nor matching supply and demand with big data, nor is it sufficient to make full use of these opportunities.

Competition among foreign trade models is grim.

The traditional foreign trade mode and the old cross border electricity supplier mode, as "foreign trade 1" and "foreign trade 2", have made great contributions to China's foreign trade, but they have become "old foreign trade", which are not enough to cope with and take advantage of new challenges and new opportunities.

Alibaba's foreign trade business platform is different from other existing cross-border e-commerce platforms. It is known as "new foreign trade" or "foreign trade 3".

The Alibaba foreign trade platform is committed to creating an e-commerce platform based on Global trade data, cloud services and large ecology. It introduces the "one Datong" import and export process outsourcing service platform to provide the import and export services required in foreign trade pactions such as one-stop customs clearance, settlement, tax refund, logistics, finance and other foreign trade pactions to meet the demand for foreign trade services of import and export enterprises.

The Alibaba international station provides one-stop import and export service by "one Datong"; with the aid of "one Datong" to precipitate the export order paction data, form large data, enhance the credit line of the supply and demand sides, use large data to match the supply and demand of foreign trade, and feed more trust and more orders for the supplier; "one Datong" uses "one partner" to create the "ecological circle" of small and medium-sized foreign trade enterprises serving in Alibaba international station.

"One partner" is a new type of foreign trade service cooperation mode created by "one Datong".

"One Datong" as a comprehensive service platform for foreign trade of Alibaba, the introduction of various localized foreign trade service enterprises (such as freight forwarders, import and export agents, customs declarations, finance and taxation companies, etc.) has become a "close partnership" of "one Datong", forming an "ecological circle" for the service of small and medium-sized foreign trade enterprises, providing a complete localization and personalized low-cost export process integrated service for small and medium-sized foreign trade enterprises, reducing the cost of manpower and capital, and creating a one-stop overall service and solution.

At the same time, the use of Ali "credit guarantee", that is, credit guarantee paction services, to ensure timely payment or payment of goods.

Ali "Xin Bao" is a special paction mode based on commercial credit, which is opened by Alibaba to users (including buyers and sellers). Users can engage in credit guarantee pactions by opening corresponding credit service providers (including but not limited to "trust payment" and "honest e credit").

In the paction process, the buyer can use the credit line obtained by accepting the secured paction service to pay in advance. The partners introduced by the credit provider or the credit provider will provide protection for the obligations payable by the buyer according to the terms of the service, and execute the payment directly to the seller when the buyer fails to fulfill his obligation to pay, so as to ensure that the seller receives the payment on time.

It is exactly the same in all parts of the country.

Alibaba

Many platforms such as the international station, although China's import and export value of trade in goods has declined in recent years, the total import and export volume of cross-border electricity providers has been on the upward trend, showing a rapid growth trend.

In 2015, the trade volume of China's merchandise trade import and export amounted to 19.5% yuan, accounting for 4 trillion and 800 billion yuan, of which 24 trillion and 590 billion of B2B accounted for 84.3% of the total cross-border electricity supplier.

The goal of Alibaba international station is to create a global trade ecosystem.

And Ma Yun proposes to create "eWTP", that is, the electronic world trade platform as a public-private dialogue, which will undoubtedly make its new foreign trade more powerful.

New foreign trade can bring the opportunities and advantages faced by China's foreign trade to the extreme.

First, participants can be highly globalized, pluralistic, decentralized and small and medium-sized.

The new foreign trade cross-border electricity supplier enables small and medium enterprises and even individuals to participate in every aspect of Global trade. The dividends of globalization expand and sink to the bottom of global consumers.

Because traditional trade can not solve the problem of asymmetric information between supply and demand, it has a very high information cost.

These costs include searching for the cost of supply and demand, matching the cost of supply and demand, negotiating cost, credit cost, customs clearance cost and logistics cost. The new foreign trade basically solves the information problem by Internet technology, and the various costs attached to information asymmetry will be greatly reduced.

Because the Internet platform can reduce costs and provide specialized services in all aspects of the paction, the cost of the contact between suppliers and buyers is almost zero, which makes the scope and density of foreign trade pactions greatly increased.

At the same time, due to the reduction of paction costs, the earnings and profits of the parties to the paction are also increasing.

Two, logistics can also be highly globalized, diversified, decentralized and small and medium sized.

In the new era of foreign trade, small and medium-sized enterprises use small packages and terminal logistics to complete the handover of goods.

Network platform as a trading platform, through integration of logistics, customs and payment links can make the producers more focused on the completion of production, the other links to the network platform and related support providers to complete other links.

Unlike the traditional foreign trade brokers' separate production, sale and pfer links, the new foreign trade network platform can collect numerous small packages and terminal logistics to overcome the last mile logistics bottleneck.

Three, there are subversive changes in the way of credit and financing.

The new mode of foreign trade has a profound impact on the pformation of foreign trade credit and financing methods.

Information and credit are the core of trade and derive financial business on the basis of information and credit.

China's financial backwardness is largely constrained by the backwardness of the credit rating system, especially in the field of foreign trade.

Many foreign trade enterprises with high quality and smooth channels are forced to go bankrupt or pform because they can not get financial services.

In the new mode of foreign trade, the credit information system will be formed at a very low cost. Good foreign trade enterprises will get more fair and cheap financial services, which is the whole of China.

foreign trade

The field will have a profound impact.

The four is to rely on big data, big ecosystem and network effect.

The information in the new mode of foreign trade is connected with big data.

The core of paction under the new mode of foreign trade is paction information, which can not only be dispersed to various trading entities at low cost, but also achieve the openness and symmetry of information. Integrating these paction information into big data will have a higher level of application value.

Using the big data can not only analyze the trend and direction of Global trade, but also more accurately match the trading intentions between suppliers and buyers, making overproduction and over consumption in the world no longer exist.

Seeing the new foreign trade on the global scale, the Internet mode will inevitably bring about changes in the global trade chain and trade pattern.

New foreign trade is easy to form a "network effect", thereby increasing user benefits.

The so-called "network effect" means that the more users are involved in the network, the greater the benefit will be for users, and the more attractive new users will be, thus forming a "positive feedback effect".

The new foreign trade can bring many benefits to China's small and medium-sized foreign trade enterprises.

In Yiwu, a female entrepreneur from Wenzhou not only succeeded in expanding its foreign trade business relying on Alibaba international station, but also set up a Alibaba international station network incubator center, holding 51% of the shares of each hatched enterprise, training the founders of these enterprises, helping them establish Alibaba international station, and guiding them to carry out online foreign trade orders.

With this kind of business mode, the female entrepreneur has become an entrepreneur in the entrepreneur, and has hatched many new generation of foreign trade enterprises of the younger generation.

The above examples also illustrate that under the new business form and the new international economic situation, China's small and medium-sized foreign trade enterprises should actively embrace the new economy, new opportunities and new foreign trade.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.


  • Related reading

商务部:4个自贸区去年吸收外资总额同比增长81.3%

Instructions for foreign trade
|
2017/2/9 21:16:00
17

提升外贸竞争力 供给侧要更给力

Instructions for foreign trade
|
2017/1/18 22:38:00
18

Whampoa Customs Helps To Stabilize Foreign Trade.

Instructions for foreign trade
|
2017/1/18 21:54:00
34

2016年湛江市外贸出口增幅居广东第二

Instructions for foreign trade
|
2017/1/18 20:40:00
45

Foreign Trade Growth Slightly Narrowed Surplus Narrowed Slightly

Instructions for foreign trade
|
2017/1/16 21:31:00
28
Read the next article

Cashier Project For Cash Management

Cash is the most powerful currency in an enterprise. It is an exchange medium that can be immediately circulated. It can buy whatever is needed at any time, pay the related expenses, repay bonds, or deposit into the bank at any time. The next time, everyone will follow the world clothing shoes and hat nets Xiaobian together to take a look at the detailed information.