Alibaba Group Will Build "Alibaba City" In South Korea

Alibaba group will build a "Alibaba city" with a scale of 1 million square meters in Inchon, the second largest port city in Korea, with an investment of up to 1 trillion won (about 5 billion 700 million yuan).

Including online shopping and more than 20 kinds of Alibaba's March.

Will be right

The ICT (information, communications and Technology) world has had a lot of influence, so every move of Alibaba will become the focus of attention.

On the 11 day, Alibaba and Inchon discussed 50% investment cities with a scale of 1 trillion won.

The issue of land is being negotiated.

The Alibaba will include shopping malls, hotels, logistics centers and cultural facilities.

Accounting for about 90% of China's online shopping market, it is China's largest ICT enterprise.

In 2003, areas such as song Du, Qing Luo and Yong Zong were designated as

After that, Inchon has been trying to cooperate with overseas enterprises such as China.

At the inaugural press conference last October, mayor Liu Zhengfu of Inchon city will be one of the ten core projects of Inchon by attracting more Chinese tourists to achieve the "Inchon economic miracle".

ICT industry said, "Alibaba city will attract more Chinese tourists. It will also play a bridgehead role for Korean companies to enter the Chinese market. But they also worry that the" ICT dinosaur "from China will seize the Korean market.

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The slow growth of the world economy and the weakening of the traditional competitive advantage in China have given the domestic export industry more and more pressure. At the same time, this has also become the driving force for technological progress and industrial adjustment and pfer.

In the first 11 months of 2014, the effectiveness of the pformation and upgrading of foreign trade continued to emerge.

First, the export of high value-added goods increased.

The main products are not ready to sell, but the products, brand products and excellent products with new designs, complete functions and good performance price ratio still maintain a relatively fast growth.

From 1 to November 2014, the traditional labor-intensive export commodities such as textiles, clothing and shoes still achieved 5.3%, 6% and 12.6 faster growth.

The export price of shoes increased by 6.2% over the previous year, and exports of motors and generators, automobiles and auto parts also increased rapidly.

Second, the growth rate of general trade is higher than that of processing trade.

After processing trade is getting worse and worse, many of the former processing trade enterprises begin to turn to general trade.

From 2014 to November, general trade imports and exports grew by 5.6%, of which 1 of general trade exports increased by 10.6%.

The total trade value accounted for 53.9% of the total value of imports and exports, 1.1 percentage points higher than that in 2013.

The import and export of processing trade increased by 3.3%, and the proportion of processing trade to import and export was basically the same as in 2013.

Third, the proportion of private enterprises' import and export is increasing.

From 1 to November 2014, compared with the growth of import and export of foreign invested enterprises and the decline of state-owned enterprises by 0.9%, the import and export of private enterprises increased by 6.2% and the growth rate was higher than that of other types of enterprises in the period from 1 to November.

The total value of imports and exports of private enterprises accounted for 34.5% of China's total foreign trade, up 1.2 percentage points from 2013.

Fourth, the growth rate of imports and exports in the central and western regions is faster than that in the East.

Data in the first three quarters of 2014 showed that imports and exports in the central and western regions increased by 17.3%, much higher than the national growth rate, contributing 68.4% to the growth of foreign trade and 14.7% of the total value of imports and exports, an increase of 1.8 percentage points over the previous year.

In the eastern region, foreign trade is in the throes of structural pformation, and the growth rate of import and export is generally not high.

Fifth, steady growth in the import and export of several major markets.

From 1 to November 2014, China's trade with Europe and the United States became stable.

Bilateral trade between China and Europe amounted to US $557 billion 460 million, an increase of 10.1%.

Sino US bilateral trade total value of 502 billion US dollars, an increase of 6.4%.

The total value of bilateral trade between China and ASEAN is 432 billion 720 million US dollars, an increase of 8.4%.

Sino Japanese bilateral trade totaled 285 billion US dollars, an increase of 0.4%.

The total value of bilateral trade between the mainland and Hongkong was 333 billion 250 million US dollars, down by 7.7%.

Although China's trade in goods has been on the single digit scale for third consecutive years in 2014, trade in services has maintained a two digit growth.

The total value of China's imports and exports in the first three quarters of 2014 was US $430 billion 500 million, an increase of 10.2% over the same period last year.

Among them, service exports amounted to $157 billion 200 million, an increase of 6.8% over the previous year, and service imports of $273 billion 300 million, an increase of 12.2% over the same period last year.

Service trade has become a new growth point of foreign trade.

The deficit in service trade was larger than that in the first three quarters, which amounted to US $116 billion 100 million.