Logistics is an important part of the modern industrial system. "Effectively reduce the logistics cost of the whole society", the purpose is to "enhance the core competitiveness of the industry and improve the efficiency of economic operation". Logistics is the "tendon" of the real economy, and financial institutions are an important part of serving the development of the real economy. Financial institutions in Shanghai have always paid attention to the development of logistics enterprises, focused on the financing characteristics of enterprises, and explored new channels and new methods for financial services in the logistics industry.
In order to implement the strategic call of "financial service entity", China CITIC Bank Shanghai Branch innovates online first-chain products, serves high-quality logistics leading core enterprises, uses its accounts payable and notes payable as the carrier to realize the credit transmission of upstream first-class merchants, solves the financing problems of small and micro carriers, warehousing and other infrastructure providers and information software service providers at the end of logistics, and at the same time takes into account the needs of small-amount high-frequency settlement and low-cost financing in the logistics industry, and introduces full-process online services and low-cost funds in the same industry. To solve the dilemma of "difficult financing, expensive financing, and troublesome financing" for small and medium-sized enterprises in the industry, this kind of service model has been successfully replicated and promoted in various logistics enterprises such as Yuanfu Logistics.
In the downstream application scenario of the logistics industry, China CITIC Bank Shanghai Branch takes the traditional confirmation warehouse model as the prototype, applies online technical means, combines the current situation of centralization of management responsibilities and regionalization of logistics groups under the new situation, explores a new model of four-party cooperation between innovative banks, logistics groups, leading entities and downstream dealers, and accumulates experience on the road of exploring "one point to serve the whole country" in the first chain finance.
Bank of Jiangsu continued to implement financial policies to support the transportation and logistics sector, focusing on classification and stratification, and improving the accuracy of services. The financing needs of small, medium and micro enterprises in the logistics industry are strong, but there are generally problems such as small scale, weak credit and lack of guarantees. For small, medium and micro logistics enterprises, Bank of Jiangsu Shanghai Branch relies on big data and online to accelerate the promotion of online revolving quotas, borrowing and repaying products such as "business with e-loan", replacing manual operation with intelligent review, and timely meeting the "short, small, frequent and urgent" capital needs of small and micro enterprises in the field of logistics to improve financing convenience. At the same time, the system process was optimized, the "online and offline integration mode" was launched, the coverage of collateral was expanded, and the digitalization of product innovation, intelligent process operation, and agile user service were further improved through integration, so as to provide more flexible and convenient services for small and micro enterprises. As of the end of December 2023, Bank of Jiangsu Shanghai Branch has provided financial support to a total of 20 small and micro first-time borrowers in the logistics industry, and will continue to promote the stability of the industrial chain and effectively improve the quality and efficiency of financial services in the future.
As one of the leading enterprises in the logistics industry, Zhongtong Group is well aware of the business pain points of the traditional logistics industry, and has built an ecological layout around the express delivery business. Zhongtong Pay, the payment platform of Zhongtong Digital, has customized digital intelligence solutions such as Zhongtong One Account and Enterprise Assistant, which greatly improves the efficiency of account management and capital utilization on the basis of ensuring the safety and accuracy of payment transactions. At the same time, the courier brother can also enjoy exclusive benefits such as rapid signing, flexible withdrawal, fast arrival, handling fee reduction, 7*24-hour technical support and other exclusive benefits through exclusive products. "In the future, we will continue to incubate more logistics empowerment projects to help the logistics industry optimize and upgrade the whole process of management, warehousing, transportation, distribution, and payment, and effectively contribute to the high-quality development of the real economy. The relevant person in charge of Zhongtong payment said.
In 2023, the ratio of China's total social logistics cost to GDP will be 144%, down 03 percentage points. Financial institutions in Shanghai will continue to focus on the logistics industry, open up the best chain, focus on the pain points of enterprise operation, provide financial services for the development of the real economy, continuously release the potential of domestic demand, and continue to consolidate and enhance the positive trend of economic recovery. (ENDS).