Alibaba Joins Hands With Malaysia To Create The First Ewtp "Digital Hub"

Ma Yun met with Malaysian Prime Minister Najib in Kuala Lumpur, and four Alibaba CEOs, including Zhang Yong and Peng Lei, attended the meeting. Alibaba Group and Malaysia jointly announced an important cooperation. Alibaba will work with Malaysia to build the first eWTP "digital hub" outside China.

It is understood that Malaysia's Digital Economy Development Agency (MDEC) has reached strategic cooperation with Alibaba Group, and the two sides will work together to create the first one outside China in Malaysia eWTP The "pilot zone" helps young people and small businesses in Malaysia and even the whole Southeast Asia participate in global trade.

Najib said:“ The goal of Alibaba Group is to promote trade development, especially for small and medium-sized enterprises, which makes them perfect partners for this new initiative. As an early participant in eWTP, this will provide Malaysia with a lot of opportunities. "

Ma Yun expressed that, "Since I put forward the eWTP initiative in 2016, I have been working hard to realize this vision. The first overseas eWTP digital hub is very important to support the development of future global small businesses and young people and the promotion of eWTP. Through innovation in logistics, payment, customs clearance, big data, government support, and cooperation with the business community, we will realize the eWTP vision, making small businesses and Young people benefit from globalization. "

Ma Yun delivered a speech on eWPT on the spot, Jack Ma It was revealed that as early as last October, Malaysian Prime Minister Najib expressed his desire to embrace eWTP. During a visit to China, he held 10 minute in-depth talks with Ma Yun and invited him to serve as the digital economy adviser of the Malaysian government on the spot. Ma Yun said frankly that he doubted whether he could do well in the ten minute meeting four months ago.

Ma Yun said that Malaysia and Alibaba have hit it off in supporting small businesses and young people. In just half a year, they have promoted the launch of eWTP in Malaysia and announced the construction of a "digital free trade zone". Data shows that "digital free trade zone" originates from the concept of digital hub proposed by Ma Yun. In Ma Yun's vision, in the future, the world will consist of an eroad of e-hubs, which will provide SMEs with all the infrastructure for global trade, making "buying and selling globally" a reality.

With the help of Alibaba, Malaysia The "Digital Free Trade Zone" will be built into a digital hub for the integration of logistics, payment, customs clearance and data, the infrastructure for the development of the digital economy in the country, and the window for Malaysian SMEs to the world. Specifically, Cainiao Network and Lazada will take the lead to build an international super logistics hub at Kuala Lumpur International Airport to provide a series of supply chain facilities and commercial services such as logistics, warehousing, customs clearance, trade and finance for Malaysian SMEs in cross-border trade. Explore new rules for cross-border e-commerce trade, provide "one-stop" comprehensive foreign trade services, and help SMEs trade more conveniently and efficiently. Provide payment and inclusive financial services to promote B2B trade. Alibaba Cloud and big data technology are used to support Malaysia to cultivate local entrepreneurial companies, cultivate and reserve digital economy talents, etc.

On the same day, Cainiao Network signed memorandums of understanding with Malaysia Airport Holding Company, Ant Financial Services, Unichang International Bank and Maybank, two major banks in Malaysia, respectively, to provide effective solutions for the landing of eWTP in Malaysia. Zhang Yong, CEO of Alibaba Group, said that Alibaba's vision is to help Malaysia foster an ecosystem that can promote e-commerce and digital economy innovation, and promote better globalization of Malaysian small businesses and young people. It is reported that Malaysia will jointly carry out pilot cooperation with Hangzhou Comprehensive Pilot Zone on cross-border e-commerce trade facilitation. The main purpose of the cooperation is to promote trade between Malaysia and Hangzhou, and Malaysian and Chinese enterprises, especially small and medium-sized enterprises, will benefit from it.

For more information, please pay attention to the report of World Clothing, Shoes and Hats Network.