Alibaba Will Build The First Strategy To Promote The Globalization Of Ewtp Test Area In Hangzhou

In December 21, 2016,

Group CEO

Speaking at the global cross-border summit in Hangzhou,

It is by no means a temporary draught, but under the eWTP framework, it is very likely to create a window for the new global economic and trade system and the new special economic zone.

Zhang Yong made a judgement on the high-speed cross-border electricity supplier in the past two or three years, and expounded that eWTP, which is advocated and promoted by Alibaba, will become a Chinese sample of the new rules of the global economy.

The eWTP advocated by Ali is a global new economic paction and rules system that can be bought, sold globally, efficiently, completely pparent, accessible, and can be participated in by global SMEs. This has become one of the consensus achievements of the Hangzhou G20 summit and has been highly recognized by the world's major economies.

From the Boao forum at the beginning of this year to the September G20 summit in Hangzhou and to today's global cross-border summit, Alibaba, as one of the business representatives, is very willing and willing to take part in the innovation of the new trade rules system, create new global trade rules through the Internet innovation mechanism, and discuss with many government departments and reach a consensus of cooperation.

Zhang Yong believes that the 17 years of Alibaba's growth and development are the 17 years of the rapid development of China's economy and the 17 years of rapid development of China's manufacturing and consumption in China.

In the process, there are two engines to boost Alibaba growth: the first is the Chinese consumer engine, which refers to the rapid development of Chinese consumers' living standards and lifestyles. The Alibaba group's Taobao and Tmall retail platforms connect more than 400 million consumers in China, and millions of consumers visit the platform every day.

The second is the Chinese manufacturing engine, the Alibaba's B2B platform and a new foreign trade service platform, such as a Datong, which make China's tens of millions of small and medium-sized enterprises, all kinds of brands and traders in the world more convenient to find global trade opportunities.

Alibaba has made full use of the advantages of Internet big data to link consumption and manufacturing, supply and demand efficiently, and become the largest and most efficient Internet platform in the world.

In March 2016, the retail scale of Ali's retail business exceeded three trillion yuan, accounting for more than 10% of China's total retail sales.

Zhang Yong believes that this is an important milestone in the new economy.

E-commerce is no longer just a sales channel. All enterprises are thinking about the future of e-commerce, making use of the Internet to pform and upgrade. This is what Alibaba sees today as the impact of supply and demand on China's economy through e-commerce, and its impact on Chinese business.

This is China's experience, and we can see the opportunity to go global through eWTP and cross-border electric business.

Zhang Yong also mentioned at the scene that Alibaba, as the initiator and advocate of eWTP, Hangzhou is the first cross-border electricity supplier comprehensive pilot area in the country. The two sides will continue to promote the creation of the first eWTP pilot area to achieve the "single window" policy innovation, together with the first global sample, to create the new economy "Shenzhen special economic zone", to turn Hangzhou experience into Chinese experience, and then to turn Chinese experience into global experience.

In his view, China's economy is driven by three carriages of investment, exports and consumption, of which consumption drive is becoming more and more powerful, especially in terms of import demand and supply driven by the upgrading of consumption.

EWTP is important "e", that is, the Internet, through big data to understand consumer trends, really change the upgrading of China's supply side and global supply chain circulation efficiency, this is the next Alibaba globalization strategy to continue to promote.

During the global cross-border e-commerce summit, as the core business of Alibaba's globalization strategy, Tmall international official disclosed a new pcript: the total turnover in 2016 still kept the market scale the first. It introduced from 63 countries and regions, covering 3700 categories and 14500 overseas brands. It will continue to lead cross-border electricity suppliers from 1 to 2 in the deep tillage stage and continue to optimize and satisfy China's new round of middle class consumption upgrading.

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