Internet Finance Commission of APEC E-commerce Business Alliance founded in Beijing

The establishment press conference of the Internet Finance Commission of APEC E-commerce Business Alliance, hosted by the APEC E-commerce Business Alliance was ceremoniously held in Beijing on August 6 2015. Leaders of the Department of Electronic Commerce and Information of the Ministry of Commerce, experts of financial industry, leaders of the APEC E-commerce Business Alliance, leaders of the Internet Finance Commission, representatives of the enterprises of the Internet financial industry and many financial and economic media attended the conference.

At the press conference, guests such as Department Head of the International Trade and Economic Relationship of the MOFCOM Yang Zhengwei, Secretary of the Party Committee of the CIECC Yao Guanghai, Deputy Director of International Business Daily Kou Yanan, Secretary-general of China Assocaition of Microfinance Bai Chengyu, Secretary-general of APEC E-commerce Business Alliance Hu Yang, Vice President of Hebei Jingye Group Yuan Han, Director of Internet Finance Commission Yang Zhichao, CEO of Road to Rich Guo Bingwen, Vice President of Guangdong Wuzi Group Ai Qihong, Special Commentator of CCTV Finance Yang Chen expressed their congratulations on the establishment of the Internet Finance Commission of APEC E-commerce Business Alliance. They also delivered keynote speeches on the relevant policies of the development of the industry, the current situation and trends of the development of the industry, the policy guidance of the industry, the establishment background of the Internet Finance Commission and the service mode. They analyzed and illustrated the current situation and the development prospects of the Internet finance. When the guests appeared on the stage together to launch the establishment ceremony of the Internet Finance Commission, the press conference was pushed to a new high.

Building the Platform and Creating Value

From the perspective of the market, the industry development and the industry standards cannot be are supplementary to each other. Seeking the sound development of the Internet finance cannot be separated from the guidance of the perfect industry standards and development. The Internet Finance Commission of the APEC E-commerce Business Alliance was set up against this background.

The Internet Finance Commission of the APECT E-commerce Business Alliance consists of the industrial and commercial enterprises of the economic entities of the Asia-Pacific regions (at present pilots are only carried out in China). It’s a non-profit organization that provides professional service for the enterprises working on the Internet finance such as Road to Rich and enterprises within the industrial chain of the Internet finance (including but not limited to enterprises that need financing, platforms and enterprises that provide financing, the third party payment enterprises, enterprises that provide the media service and enterprises that provide the internet technology service) and promotes the sound development of the internet finance enterprises. The Internet Finance Commission aims at building a platform for enterprises of the Asia-Pacific region to communicate and cooperate smoothly, high efficiently and conveniently. Its aim is also to create more business opportunities for enterprises and to play a positive role in the sustainable and stable increase of the economy of all members.

Multi-service to assist the industry

As an industrial service platform, the Internet Finance Commission of APEC E-commerce Business Alliance will offer several business supports and services to the alliance and member enterprises.

The Internet Finance Commission will help the alliance to put forward the strategic plan of the industrial development, and formulate the principle, policies and related measures of the industrial development. It will also help to set up a thorough and standard credit file for the member enterprises, to organize the member enterprises to carry out industrial forum and symposium for the internet finance industry, in order to promote the exchanges and communications of the enterprises within the industry. It will organize service training of the internet finance employees of the member enterprise, to strengthen the sense of laws and regulations and service awareness of the internet finance employees. It will organize the member enterprises to study the laws and regulations of the internet finance industry, strengthen the sense of industrial self regulation, provide financing service to the enterprises that have financing demands, and to provide recommendation service of financing projects to the enterprise that have the financing ability. Furthermore, it will provide funds trusteeship service to the enterprises that have such demands, brand marketing and advertising service to the enterprises who have such demands, technology support service to the enterprises who need to set up the internet platform, provide investment service to the enterprises who demand for investment. It will organize the member enterprises to match with the industrial parks and enter the industrial parks through the mode of Internet. Its aim is to promote the economic development of the local places, to take charge of the executive work of the application for APEC projects, and to organize regularly the international economic and trade investigation and communication activities, and international trade promotion work. All in all, it aims to actively broaden the mutual trust and connectivity of international trade among APEC economies.

Platform, bond and international arena

With an international view and combining the development of China’s internet finance industry, the Internet Finance Commission of APEC E-commerce Business Alliance will make a full play of its function of organizing, coordination, serving and supervision. In terms of organizing and running the enterprises within the industry and the related enterprises of the industrial chain like Jinyaoshi and Qiandao, the commission will make a full play of their initiative, and play its platform role flexibly, in order to help the allocation of market resources, standardize the industrial market activities, strengthen the enterprises’ ability to combat the market risks. It also aims to promote cooperation among enterprises and maintain the common economic interests of the member enterprises. As a representative of the industrial platforms, the Internet Finance Commission of APEC E-commerce Business Alliance will make full use of the overall strength of the platform, handle and coordinate with various relations, so that the operation cost of the member enterprises could be reduced and the operation efficiency could be promoted. The Internet Finance Commission of APEC E-commerce Business Alliance will provide several services to the member enterprises to maintain and promote the interests growth of the member enterprises.

Depending on the environment of “Internet+”, the platform effect of the Internet Finance Commission will be prominent increasingly. The three-dimensional system composed of the APEC E-commerce Business Alliance, the Internet Finance Commission and the related industrial enterprises will become an important force to promote the rapid and healthy development of the internet finance industry.

Backed up by the APEC E-commerce Business Alliance, and on the basis of helping with the standardized development of China’s internet finance industry, the Internet Finance Commission will be also the bond and bridge for the projects and cooperation among the domestic and foreign enterprises(especially among APEC members). It intends to promote the industrial development to a broader international arena.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201508/20150801080589.shtml

Advertisements

Leave a comment

Filed under Financial strategy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s