Future development is inseparable from the financial services

Prior to that, there is no product supply orders, has been plagued Yunnan Juli Group. But as the group production lines 35KV cross-linking the work of reconstruction and extension project started, this was expected to ease the problem.

"Now, I am worried about the future of corporate financial support to go out." Yunnan Juli new chairman of the Kingdom, said recent interview.

Juli Group by the development plan, Southeast Asia, South Asia and other markets, will be the focus of the group one of the objects. It is reported that since 1998, after successfully exported to Southeast Asian countries, the Group has undertaken the enormous power that Myanmar pyinmadaw electrical construction projects, and 90% of Myanmar cable provided by the group. Laos has more than four million dollars per year cable orders, while in Vietnam, Cambodia, Thailand and other Southeast Asian countries are rapidly expanding the business open to, and established a good reputation and word of mouth, increased momentum in sales order soon.

Therefore, the new Kingdom of the worry is not unreasonable.

"Now our foreign trade, mostly in dollars for the settlement, there is a big exchange rate risks. Particularly between 2004-2006, in order to avoid risks, Juli almost stopped outside the Group's sales."

Kingdom noted that the new cross-border settlement of the yuan in Yunnan, is a good thing. For now, what kind of enterprises will bring the impact of poor forecasting. His analysis, we Burma, Laos and other Southeast Asian trade, are performing in accordance with international trade rules, the U.S. dollar clearing. If the current use of renminbi in foreign transactions, you can guess mostly, and some small businesses do business, because they believe the RMB.

Interview, many companies are in favor of this view. They believe that the RMB to open a red cross-border settlement of the situation, the first Chinese-funded banks to large-scale, multi-distribution outlets overseas; Second, we must provide more suitable and cross-border trade in financial services companies, and even "tailor- made to order. "

New Kingdom that the company can not develop without the support of financial institutions, particularly those to be ready to go, "Chuang world" business, it is necessary as the strong backing of financial institutions.

Is noteworthy that, at present, the RMB settlement of the related cross-border system is gradually improving and supporting the financial business innovation have gradually developed. In this regard, the new kingdom that, no matter at what stage of cross-border renminbi settlement, business will have a lot of demand for financial services, all categories of financial institutions services, service quality and service in the international market made a high demand. Because this is the strong point of the future development of enterprises.