From "Yue Trade Loan" to "Hong Kong Airlines Service Insurance" to stabilize foreign trade Ningbo to play financial innovation combination fist

Recently, in the container pier of the Beilun Port area in Ningbo, the "Zhenhua 12" rotation of 7 intellectual dragon gate hangs to the port, helping the port loading and unloading equipment from traditional to digital wisdom.

"We carried a single -value US $ 10 million of goods to go to sea, and we had to pay millions of dollars high shipping costs. In case foreign companies abandoned the goods, these money would be 'drifting water. Is this order or not?" Recently, Mr. Zhang, who is engaged in international freight agency in Ningbo, encountered risk prevention and control problems.

Just as he fell into a dilemma, the "Ningbo Plan" that broke the Hong Kong Stock Connect in the world -September 8th, Ningbo first issued the "Hong Kong Airlines Service Insurance" financial service plan in the country to make the Hong Kong and Airlines service industry bigger and stronger. Inject financial water. At present, China Credit Insurance Ningbo Branch has provided $ 40 million in insurance insurance for 12 Hong Kong aviation service companies.

Since the beginning of this year, in the face of a more complex and severe external environment, the "foreign trade market" Ningbo has launched targeted policy support measures in a timely manner to lead the city's banking insurance industry service "stable foreign trade" and increase assistance to small and medium -sized foreign trade enterprises Establishment fully meets the expected financial needs of foreign trade enterprises to keep orders.

The latest data show that in the first eight months, the city's total import and export value was 858.02 billion yuan, an increase of 12.3%year -on -year, of which 559.52 billion yuan was exported, a year -on -year increase of 14.9%.

Stabilize foreign trade from solving financing difficulties

"At present, international trade and international logistics companies generally use credit transactions, often 'first serving, then receiving money', and because of light asset operations and lack of mortgage, which leads to difficulties in traditional financing channels." Guixin said.

The survey shows that the city's foreign trade industry generally has three major pain points: difficulty in preventing and control, low financing channels, and weak international competitiveness. First, it is difficult to prevent and control risk. Taking international logistics companies as an example, this industry is higher than the sales of goods trade, and there is a risk of receivables. The second is that the financing channels are small. According to the data provided by the China Federation Financial Commission, the financing demand of small freight forwarding companies in the country exceeds 500 billion yuan, and the demand for satisfying through traditional financial channels is less than 10%. Third, international competitiveness is weak. The settlement method of China's export trade is mainly FOB (offshore price), and transportation services are arranged by importers. A large number of businesses are overseas. Ningbo freight forwarding enterprises undertake the low -end business of the generation newspaper.

In fact, it is not only a trading enterprise. As the capital market tighten, export manufacturing enterprises are also blocked due to capital issues. According to the "Investigation Report on the Large -scale Private Enterprises in Ningbo City in 2022", 36.32%of the 225 Ningbo -scale private enterprises participated in the survey learned about the state's Xinyi Loan -related business, but only 7.6%of the companies received actual loans. In general, the difficulty of financing of enterprises has continued to increase. The survey shows that the high loan interest rate and the lack of sufficient mortgage and guarantee for enterprises are the main reasons for the difficulty of financing in the upper -scale private enterprise, accounting for 26.01%and 17.94%, respectively. Other reasons for financing difficulties also include banks who are more willing to loans to state -owned enterprises. The bank service private enterprise capacity and bank credit audit are tighter, accounting for 14.35%, 13.45%, and 13%, respectively. In addition, some companies have stated that government financing guarantees are difficult to obtain, and the loan cycle is too short, etc. is also an important reason for financing difficulties.

In order to help foreign trade enterprises in response to difficulties and challenges, achieve the goals of import and export to maintain stability and improve quality, and help stabilize the economic and stable industrial chain supply chain, on May 17 this year, the General Office of the State Council issued the "Opinions on Promoting the Preservation of Foreign Trade Preservation and Stability. " The opinion pointed out that increased the support of import and export credit, and supported banking institutions for foreign trade companies that have good development prospects but temporarily trapped. Reasonable funds for enterprises. Further strengthen the financial support for small and medium -sized foreign trade enterprises, strengthen the docking of "government and banks" in various places, sort out a group of small and medium -sized foreign trade enterprises that urgently need funds, and carry out "list -based" management, and provide key support in accordance with the principles of marketization. Encourage banking institutions to increase credit support for foreign trade enterprises, especially small and medium -sized foreign trade enterprises, in accordance with the principle of marketization.

One week later, the new foreign trade policy of Ningbo version was issued, and increased financing was one of the important parts. The "Implementation Opinions of the General Office of the People's Government of Ningbo City on Accelerating the Cultivation of New advantages to Promote the High -quality Development of Foreign Trade" proposes that it is necessary to strengthen the guarantee of foreign trade services and increase financing support. The specific contents are: good use of re -loan reassembly and other monetary policy tools, Increase credit support for foreign trade enterprises. Promote large backbone foreign trade enterprises to increase credit to upstream and downstream enterprises, and guide financial institutions to accurately provide supply chain financial services. Encourage financial institutions to set up special transfer funds for small and micro enterprises in foreign trade industry, and increase support for new models such as foreign trade such as transfer trade and digital trade; and so on.

It's easier to get innovative services to help companies receive orders

In fact, before the epidemic occurred, Ningbo launched financial products for innovation to solve the financing problem of light asset operations and mortgagers in foreign trade enterprises.

In December 2019, the Municipal Commerce Bureau and the Municipal Finance Bureau cooperated to launch "Yongye Trade Loan" to small and medium -sized foreign trade enterprises. This product uses "credit insurance financing", "credit guarantee financing" and "credit financing" three financing models. By strengthening the three -party collaboration of the government, banking, and insurance institutions, with the help of export credit insurance, loan guarantee insurance, fiscal risk subsidy funds, etc. Small and medium -sized foreign trade enterprises, which helped the annual export value of less than $ 30 million to broaden financing channels and reduce financing costs, have the advantages of risk sharing, easy financing, and incentives and restrictions. "‘ 贸 Trade Loan ’is not only convenient and fast, but also the financing interest rate is very affordable, and it has helped our enterprise!" Said the person in charge of Ningbo Jiayang Automobile Parts Co., Ltd..

Jiayang Company is a "small and refined" car parts production enterprise. It has strong product development capabilities and is exported to European and American markets. Since the beginning of this year, companies have seized the rise of the automotive parts industry, and the sales of automotive parts such as engine stents have increased rapidly. However, as the international epidemic situation is severe, the cost of logistics and raw materials of sea transportation has risen sharply, and the development of corporate operations has also faced multiple challenges, and the pressure of mobile funds is prominent. When the person in charge of the enterprise was in trouble, credit financing under the "Yong Trade Loan" item helped the enterprise solve the problem.

In March 2020, the General Office of the People's Government of Ningbo Municipal People's Government issued the "Several Opinions on Supporting Foreign Trade Enterprises Crossing the Order and Stable Market", further expanding the scale of credit insurance financing, and expanding the support scope of the "Yong Trade and Loan" platform to the import and export value 1 For enterprises below USD dollar, the "Yong Trade Loan" risk funds have increased 50 million yuan in principal, and reduced the threshold for financing access for foreign trade enterprises to appropriately increase the tolerance rate of credit adverse tolerance.

Due to the introduction of government risk subsidy funds, compared with traditional trade financing, "Yong Trade Loan" is more favorable for insurance companies' rates, and bank credit thresholds and financing interest rates are lower. Therefore, they are sought after by small and medium -sized foreign trade enterprises. Since the platform was launched, it has served more than 1,500 small and medium -sized enterprises, with a cumulative loan amount of 5.63 billion yuan.

Since the beginning of this year, the city's financial department has innovated the "Big Data+Listing System" digital wisdom financial service model. According to relevant people from the Ningbo Banking Insurance Regulatory Bureau, in the first 7 months, 556 white lists such as shipping logistics, foreign trade foreign capital, and supply chain were successively settled to guide the supervision of bank insurance institutions to touches the households and clarify financial service solutions such as credit support. For 283 companies with funding demand, it solved 57.582 billion yuan in financing, with a capital satisfaction rate of 96%. At the same time, strengthen financial services for the foreign trade industry chain, promote financial institutions with key foreign trade enterprise customers as the core, actively touch information such as upstream and downstream logistics, information flow, and capital flow of the foreign trade industry, increase the support of core enterprises, and optimize the upstream and downstream of the foreign trade industry chain chain. Enterprise financial services.

At the same time, the financial sector has also increased loan support in key foreign trade fields. For key foreign trade enterprises with more than US $ 100 million in import and export, the city's bank institutions are encouraged to actively strive for credit scale, and "one enterprise, one policy" provides preferential loans. As of the end of July, the loan balance of 2580 key foreign trade enterprises in the city was 216.817 billion yuan, an increase of 20.64%over the beginning of the year.

Port and Airlines services to maintain the soft power of foreign trade

It is understood that Ningbo's first "Hong Kong Airlines Service Insurance" in the country provides credit risk protection for the key subject of the Hong Kong Airlines service trade chain through China Credit Ningbo Branch, and then provides insurance policies under the credit insurance item by cooperative banks to crack the enterprise to solve the enterprise The pain points of "dare not pick up and are unable to connect", thereby enhancing the toughness of the international supply chain and enhancing the competitiveness of the Ningbo port aviation service industry.

According to Chen Lifeng, a customer manager of China Credit Insurance Ningbo Branch, "Hong Kong Airlines Service Insurance" has launched eight major scenes-

The first is the scenario of international freight agency enterprises. With the risk guarantee of credit receivables, freight agency companies do not need to tangled the capital. Once the loss is reported, it can get 90%of the compensation, and you can associate more orders and boldly receive more orders.

The second is the scene of shipping companies and carrier. In the first half of this year, it was difficult for a small Ningbo small ship company to have a number of hanging boats. It was difficult for a large -scale infrastructure project of up to millions of dollars, and Xinbao financing could make this problem solveful and eliminates the worries of the company.

The third and fourth scenes are targeted at the new growth pole of Ningbo Foreign Trade -cross -border e -commerce logistics and cross -border storage. In the past two years, the "Sky Price Marine Freight" put pressure on Ningbo's cross -border e -commerce sellers. Trusting not only brought financial support, but also ensured the risk of collecting money from public overseas warehouses.

The fifth is the scene of shipping agency. Shipping agency companies provide supplies, vitality, port affairs and other services for shipping companies, and generate accounts receivables. They can solve the worries of receivables through insurance.

In addition, with the continuous improvement of high -end Hong Kong and Airlines services such as Ningbo Shipping Management, Shipping Arbitration, and Shipping Finance, the "Hong Kong Airlines Service Insurance" also provides the leasing and shipbuilding service scenarios of shipping carriers. At present, the International Corporation Aladdin Shipping and Hanshi Shipping have set up a Chinese headquarters in Ningbo. In the future, more financial innovation will focus on "ships".

The eighth scenario is the national innovative service trade bank policy. For example, a bank in Ningbo conducts credit approval of the account receivable business of a freight forwarding enterprise and a foreign trade enterprise. When the account receivable business occurs, the bank can directly purchase the account receivable and immediately loose to the service party. After expiry, the exporter pays the freight to the bank.

At present, the competition between cities has shifted from hard power competition to soft power contest.The China Customs Magazine's Competitiveness Report on China's Urban Foreign Trade shows that Ningbo ranks eighth in the country for four consecutive years.The reason why Ningbo has always ranked forward is largely related to a good financial environment and financing convenience."In the past two years, the market price of the global shipping market has gone up and down, making many small and medium -sized freight forwarding companies feel pressure -on the one hand, it is difficult to turn on funds; on the other hand, for risk control considerations, they dare not open up new routes. 'Hong KongAviation Service Insurance 'allows enterprises to have confidence to respond to market risks. "

Source | China Ningbo.com (Reporter Yu Yongjun).The copyright belongs to the original author.

- END -