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What is a comprehensive foreign trade services

As one of the country's new business formats and new models, comprehensive foreign trade services are a B2B business model in foreign trade industry with Chinese characteristics. It will gradually enter a new stage of development of digitalization, standardization, and cross-border development. It will continue to make important contributions to the high-quality development of China's foreign trade.

 

Integrated service enterprise definition

In recent years, China's integrated service enterprises have developed rapidly, providing foreign trade professional services for the majority of enterprises through innovative business models, the use of the Internet, big data and other technologies. At this stage, comprehensive service enterprises refer to enterprises that have the identity of foreign trade operators, accept the entrustage of domestic and foreign customers, sign comprehensive service contracts (agreements) according to law, and rely on comprehensive service information platforms to handle comprehensive service businesses including customs declaration and inspection, logistics, tax refund, settlement, credit insurance, etc., and assist in financing business. Integrated service enterprises are agent service enterprises, which should have strong import and export professional services, Internet technology application and big data analysis and processing capabilities, and establish a relatively complete internal risk prevention and control system.

 

Service model

 

Platform features and advantages

 

Industry development


The General Office of the State Council issued the ‘Opinions on Accelerating the Development of New Foreign Trade Business Forms and Models’, which is n important guiding document for the further development of new foreign trade business forms and new models such as foreign comprehensive services.

2021

The ‘Notice on Promoting the Healthy Development of Comprehensive Foreign Trade Service Enterprises (Business Letter [2017] No. 759)’ clarified for the first time the definition of comprehensive service enterprises and the legal nature of agency services.

2017

In the ‘Six Articles of Foreign Trade’ document of the State Council, it is clearly stated that you need to ‘support’ comprehensive foreign trade service enterprises to provide financing, customs, clearance, tax refund, and other services for export of small and medium-sized private enterprises.’

2013

A new round of Internet innovation has emerged in China. A group of foreign trade companies have explored the construction of a new trade agency system of services in a form of an Internet platform based on the innovative concept of ‘Internet + foreign trade’

2010

The outbreak of the global financial crisis, global trade into a trough, small and micro foreign trade enterprises bear the brunt of financing difficulties, expensive financing, exchange rate fluctuations risk, credit risk intensification, logistics costs, high personnel costs a series of intractable problems.

2008

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