The power of power is "the Power of Transformation"

21:50 the day before yesterday, Alibaba Group Taobao and the first 11 months of this year's total business revenue broken trillion yuan mark, reached 1.0007 trillion yuan.

Ma did not do high-profile, only in a brief press conference to look forward to the next 5-8 years to achieve business income of 80,000-10 trillion yuan target. In this goal, if placed in the electricity market environment 5 years ago, the public opinion will certainly scold Ma Yun You "blow". If we can put it in the development of today's electricity business, it is impossible to say that the people in the industry or outsiders will feel that the target is likely to remain conservative.

This is not nonsense nonsense, only Alibaba, 2003 business income only more than 20 million yuan, in just 9 years income almost expanded 50,000 times times, and so explosive growth enough to continue to remain for several years. As a result, more than 5.4 trillion people in China have more than 1/3 Internet users. And often through online shopping to achieve the proportion of consumption is lower; second, online shopping is still mainly popular in Guangdong, Zhejiang, Shanghai and other eastern provinces, and focus on the eastern one or two-line city, the central and western potential market is far from the first wave of deep reclamation, once more perfect logistics distribution system covering the entire central and western, The prospect of online shopping market is incalculable.

China's e-commerce total revenue last year was over 5.8 trillion yuan, with an annual increase of nearly 40%, citing data from the National Electricity and Commerce conference this spring. This includes both the purchase of consumer goods and the net purchase of industrial products and some of the means of production, which includes both retail and some of the bulk nature of the internet shopping. Look at the 5.8 trillion-dollar figure alone. It can be compared with the gross domestic product of about 48 trillion yuan in the whole country last year, the total revenue of the electricity quotient has accounted for more than 10% of GDP. According to international practice, if the total revenue of an industry accounts for 5% of GDP, the industry can be defined as the pillar industry of national economy. According to this standard, the domestic electric power industry has undoubtedly been promoted to qualified pillar industries. According to the current development momentum, in the next few years, it is likely to leap into the national economy, "the first pillar industry."

The vigorous growth of electric dealers is profoundly changing Chinese consumption patterns, consumption habits and lifestyles. As we all know, the current integrated logistics costs accounted for 10% of the price of goods and services, not only far higher than the developed countries, and even higher than the world average logistics costs. The reason for the rapid development of electrical business in China, the most attractive to consumers is undoubtedly the convenience of shopping and the relative benefits of the price. Word, it obviously improves the consumer's "Happiness Index" because of the compression and reduction of the trading links.

Electronic commerce is a new business revolution which integrates the use of Internet, cloud computing, IoT, electronic payment, mobile terminal, logistics intensive distribution and so on as technology support. This is a brand-new modern big business and big Logistics mode, at the same time, the traditional regional wholesale and retail mode to destabilize the market, while the commodity and the means of production, distribution and consumption of the procurement process, order process, production flow, payment process, the implementation of the process of consumption has been and will still have a fundamental change. If we use the latest terminology of economics to make a rational description of the profound changes brought about by the boom of the electric quotient to human production and life, it is called "China's electric business is building a new, more efficient and more economical supply chain system in China and the world." There is no doubt that the development of the electric business and China is now struggling to advance the structural adjustment, industrial upgrading highly fit. Therefore, we have reason to the next preliminary conclusion: the Power of China's power provider is the power of transformation and upgrading.

There are a lot of problems, puzzles, disorder and shortages that must accompany the new things that are developing rapidly. In the next 5-8 years, we look forward to the electric business, government, industry associations, the vast majority of consumers work together to climb up the "three slopes" which hinder the rapid development of electric dealers: institution building, from the rule of law to regulation, from supervision to punishment, from market order to market rules, to standard construction, involving transaction procedures, transaction quality, transaction traceability, transaction settlement; industry self-discipline , involving the Electronic business integrity and corporate social responsibility to highlight. In this way, our Sanchi to the electrical business is likely to be realized ahead of time.

(the author is Shanghai financial commentator)