On Jan. 14th 2014, the originators meeting of China Kunming Society of International Logistics & Financial (is called “SILF”) was held in Kunming. The meeting has been called up by Mr. Liu Jinxin, the president of China Kunming Opening Asia Transportation Logistics Research Institute; the founders’ representatives have taken part into the meeting, including Mr. Hu Liequ, the Executive Dean of Kunming Academy for the Strategy of Pan-Asian Financial Cooperation, Mr. Li Juhui, the Vice Secretary of China Western Development Promotion Association, Mr. Kong Qinwei, the President of Yunnan Higgs Investment Co. Ltd, Mr. Cao Bin, the General Manager of Yunnan Zebra Business Co. Ltd, Ms. Tian Jiqiu, the officer of President Office of Yunnan Tenjun Investment Group, Mr. Wu Jianlie, the Associate Researcher of GMS Logistics Research Center, Mr. Liu Ruiqi, the Researcher of Kunming Opening Asia Transportation Logistics Research Institute and others. During the meeting, all the representatives have discussed and researched in the topics of necessity, purposes, aims, scopes of business, recent working points, forms of the members and others of SILF. After discussion, they have got the consensus.

 

The Photo of the Originators Meeting of SILF, Taken on 11th Jan., 2014, in Kunming

(From left to right: Mr. Cao Bin, Ms. Tian Jiqiu, Mr. Kong Qinwei, Mr. Wu Jianlie, 

Mr. Liu Ruiqi, Mr. Hu Liequ, Mr. Li Juhui, Mr. Liu Jinxin)

 

The Launching Proposal

 

    To: All the commercial chambers, industrial organizations, academic organizations and individuals of transport industry, international logistics industry, international finance industry in GMS and BCIM

According to China State Council “The Suggestions about Supporting Yunnan to Speed Up the Opening Construction of Important Bridgehead Facing to Southwest Asia” [No.（2011）11 issued by State Council] and China National Development and Reform Commission “The Overall Plan about Supporting Yunnan to Speed Up the Opening Construction of Important Bridgehead Facing to Southwest Asia(2012-2020)”, it has set up the gateway role of Yunnan in Southwest Opening of China; it has set up the strategic position for the strategic gallery accessed Indian Ocean through land route; it has suggested to make Kunming to be the national logistic nodes city and regional international logistic center; it has suggested to make Kunming to be the regional financial center facing to Southeast Asia and South Asia. In order to promote China Yunnan Kunming to cooperate with all the countries of GMS Economic Corridor and BCIM Economic Corridor in the international logistics field and financial industry, it has proposed to establish “China Kunming Society of International Logistics & Financial” (which is called “SILF”).

    After signed ESCAP “the Governmental Land Port Agreement” in November 2013, it has confirmed the international land port city role of Kunming and also confirmed the important role of Kunming in multimodal transport and logistics system of Asian-Pacific region. The modern logistics industry is one multi-industry and multi-disciplinary industry, including transportation, gallery transport, information logistics, financial logistics, industrial logistics, agricultural logistics, military logistics, safety logistics and other fields. The international logistics is the logistics between different countries, which is one certain part of international trade. The trade within each country should be operated through international logistics. The logistics financial industry means through applying and developing all kinds of financial products to organize and regulate the monetary capital movement in the operating process of logistics industry. These monetary capital movements are including deposit, loan, settlement, investment, trust, lease, pledge, discount, insurance, securities issuance and trade which happened in the logistics process, and also including all the intermediate business of the financial institutions related to logistics.  The international logistics and financial industry is the product of international logistics and international finance opening cooperation; is the intermediate link of international economy trade and investment cooperation. 

    In March 1987, Mr. Cheng Huai of Renming University of China presented “the Bank of Materials” theory; in June 1997, Mr. Cheng Pinxiang and Mr. Han Xujie presented the warehouse receipts pledge business model; in Feb. 2002, Mr. Luo Qi and Mr. Zhu Daoli presented the definition and operating model for “finance transportation and warehouse”, which is one significant academic research in the financing logistics field. Now, the business of “Bank of Materials” is very popular.  And the researches of logistics finance focused in designing the logistics financial products and the risks management. Until 2008, Shanghai Maritime University started to recruit the postgraduate students for the marine, logistics economy and finance major. In 2009, the State Council issued “ The Adjusting and Developing Plan for Logistics Industry”, which has marked the logistics financial industry, the product of logistics industry and finance industry, would be a new type of business. At present, the financial logistics has been the strategic development trend of big logistics enterprises and main national banks. For the construction of Head-bridge, the basis and the key is interconnection and interworking; it must research how to deal with the financing problem for infrastructure construction through marketing way; it need to research how to realize international financing opening cooperation in international gallery construction.

    The SILF is under the aim of “ interconnection and interworking, opening and win-win, scientific development” to build a non-governmental international logistics and financial industrial cooperation and communication platform under the mutual trust, pragmatic and win-win purpose. The SILF is to support enterprises to go abroad to join in the international galleries investment and construction; to start the international logistics cooperation; to innovate the financial products; to start the international poor supporting and livelihood programs; to support the RMB investment and trade settlement system for enterprises; to support researching and consulting services for governments. All of these will speed up the construction for Kunming to be the International Land Port City and the Regional International Financing Center; will confirm Yunnan’s strategic position through building the Silk Road Economic Belt and the Ocean Silk Road.

    1. The Council: is organized by enterprises, experts, scholars, industrial organizations representatives working in transport, international logistics, international finance, and also including banks, stock exchanges, insurance companies and other financial institutes.

    2. The Institutional Framework: the plenary meetings of the Council, the standing council, and the secretariat.

    3. The Members: international members, national members.

    1. To establish the international communication and cooperation in the international transport and logistics, international finance fields, and to support the international coordination service.

    2. To support the market survey, social survey, commercial survey and other services.

    3. To operate the financial products development of international transport and logistics industry.

    4. To operate international programs in international contribution, supporting the poor, agricultural and livelihood, environmental protection and other fields.

    5. To operate the programs trusted by governments.