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bjl1544970 : Jack Ma's eWTP innovation center set up in 'world's supermarket'

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  • Jack Ma's eWTP innovation center set up in 'world's supermarket' (2019-06-20)
  • China's e-commerce powerhouse Alibaba has signed a cooperation agreement with the government of Yiwu in east China to set up the global innovation center of the Electronic World Trade Platform (eWTP) there. Alibaba and the government of Yiwu, a marketplace for small commodities in Zhejiang Province, agreed to explore new rules and modes of trade serving small and medium-sized enterprises (SMEs) around the world. The eWTP was proposed by Jack Ma, founder of Alibaba, in 2016. It aims to set up an open platform for private enterprises and coordination among international organizations, governments and social groups which focus on the development of SMEs as well as trade. It was included in the communique of the G20 Summit in Hangzhou.    Photo by Imaginechina
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