Ma Yun Aimed At The "G20" Global Version Of Taobao. Breaking Trade Barriers Is A New Goal.

China's electricity supplier giant Alibaba hopes to discuss with one to two countries after the G20 summit in September to explore the plan for setting up a global e-commerce platform.

Jack Ma, founder and chairman of Alibaba, said that this will help break down trade barriers.

Ma Yun said he hoped that global enterprises such as Amazon could cooperate and create a new e-commerce platform to link the global small and medium enterprises.

Ma Yun recently said in Beijing that Amazon has done a lot of Global trade. Alibaba respects the company. If both sides can cooperate, it will be great, but he doesn't know if Amazon agrees with him.

At the Boao forum for Asia in March of this year,

For the first time, the concept of creating a global electricity supplier platform has been put forward. Since then, it has been lobbying companies and governments on other occasions, including the G20 group of business representatives attending the group of 20 Business Summit (B20).

Ma Yun said the company is setting up a team to study the rules applicable to the platform, including customs duties.

And so on.

Because it will involve many companies from different countries, he expects that the relevant standards will be rather complicated.

He said that if the president of a country appreciates this concept and asks them to submit the plan, they can not be empty handed, so the company is setting up an internal group to prepare rules and legislation in the plan.

Ma Yun said that the new platform may take twenty or thirty years to achieve results, and it is foreseeable that there will be many challenges ahead.

He said that the new platform is not necessarily held by Alibaba, but the company hopes to participate in the construction work.

Ma Yun likened the work of creating a platform to a relay race, running the first runner by Alibaba, but not running four sticks, but giving it to others.

Ma hoped to be held in Hangzhou in September.

After the B20 summit, the plan was discussed with one or two countries to test its response.

He disclosed that the new platform is intended to reduce trade barriers, but unlike the world trade organization, the platform will be organized by the enterprises under the support of the government.

Ma Yun expressed his understanding of the difficulties, and would be willing to invest in decades of efforts to fulfill his vision.

He said that the new global business platform will be an open platform, involving many countries and many people. One of the biggest problems will be to formulate rules of the game, because the rules will be very complicated.