Zhou Ye introduces three models of current domestic commercial circulation

Absrtact: With China's existing gross domestic product as a preliminary calculation, if the nationwide distribution chain e-commerce can be achieved, at least every year can save 10 trillion yuan in transit funds, while breaking the distribution chain and geographical and tool restrictions, accelerate cash flow. Third

"With China's existing gross domestic product as a preliminary calculation, if the nationwide distribution chain e-commerce can be achieved, at least every year can save 10 trillion yuan in transit funds, while breaking the distribution chain and geographical and tool restrictions, accelerate cash flow." "Third party payment enterprise remittance World President Zhou Ye in the" industry chain finance and Pay Innovation Summit forum "to make the above remarks.

In his view, China's commercial circulation of e-commerce Development, the distribution chain is the key, and SMEs E-commerce is a breakthrough, payment companies can effectively integrate banking resources to provide customized services.

"Why is it that SMEs are the key?" "Zhou Ye said," because the top manufacturers of the pyramid are mostly large enterprises, can quickly keep up with the development of E-commerce, the bottom of the consumer side, but also by banks and China UnionPay to build a large number of retail and convenient e-commerce payment channels, but wholesalers, transit business and retailers and other intermediaries, most of them are small and medium-sized enterprises, Subject to the restrictions of talent, capital and concept, their level of e-commerce is relatively low. If we do not get through this link, the entire sales of e-commerce is impossible to achieve. ”

Zhou Ye also pointed out that only relying on commercial banks to serve small and medium-sized enterprises, will encounter multiple accounts across banks and across regions, small and medium-sized enterprises financing more difficult, customized system services and so on. "So the payment company can make an effective combination with bank resources to provide personalized service." "he said.

"According to our research, in a distribution chain, SMEs or distributors or retailers bear seven functions, including price negotiation, logistics, market information feedback communication, as well as payment, financing, risk control and information commitment and delivery. The payment, financing, risk and information of the seven major functions are effectively integrated into one solution. "Zhou Ye said," We have many manufacturers of ERP system or order system to do an effective integration, at the same time with the distribution system integration, the order information and payment information, and we connect the domestic more than 20 banks, including the and on the public system, based on this system developed a set of credit payment system, To provide SMEs with risk assessment, credit rating, as well as a set of risk beforehand, in the event, after the measures. ”

Zhou Ye also describes the current domestic commercial circulation of three models, that is, large enterprises through the two or three-level distribution chain to customers, suppliers and buyers of the wholesale market, and brand through large distribution channels to consumers.

For example, in the aviation industry chain, domestic airlines are the three leading 16~17 airlines. The first level distributor 5,000 or so, two level is 200,000 to 300,000, finally is the broad masses of passengers. In the absence of the introduction of electronic payments, the airline may be collecting 7 or more than 20 days, distributors rely on their own funds to roll, almost a year can be rolled 14 times, the application of large enterprises through the two or three-level distribution chain to the customer's system, we shorten 7 days to 1 days, the efficiency of the funds from 1 years 14 to 120 turn. "he said.

Zhou Ye Outlook, through the implementation of the nationwide distribution chain E-commerce, the distribution chain in all aspects can enhance efficiency, speed up the flow of money, can save 10 trillion of money in transit each year, for banks, manufacturers, buyers and other parties can bring benefits.