enterprise (SME) development for the G20 business summit, said he will submit
the proposal of creating an Electronic World Trade Platform (eWTP) to G20
members for consideration.
As CEO of Alibaba and Chairman of SME Development Group of G20 Business Summit, Ma Yun said that he would submit the proposal of establishing the World Electronic Trade Platform (eWTP) to G20 member countries for deliberation.
Ma recently shared his perspective on the G20 Hangzhou summit, which is set
to kick off on Sept. 4, on a CCTV program.
Ma Yun recently shared his views at the G20 Summit in Hangzhou, which was held on September 4th and aired on CCTV programs.
It was 1972 when the U.S. President Richard Nixon visited China and
Hangzhou made its international debut. Ma believes the G20 summit will provide
the second such global opportunity for Hangzhou. Thanks to the summit, Hangzhou
will become a much more internationalized city, Ma said.
In 1972, US President Nixon visited China, and Hangzhou entered the international stage for the first time. Ma Yun firmly believes that the G20 Summit will provide Hangzhou with a second global opportunity. Thanks to the summit, Hangzhou will definitely develop into a more international city, Ma said.
As he proposed in March 2016 at the Boao Forum for Asia, Ma introduced the
idea of an Electronic World Trade Platform (eWTP) to share the benefits of
globalization with SMEs worlwide. This international platform is intended to
provide free, open and fair trade.
As advocated at the Boao Forum for Asia in March 2016, Ma Yun introduced the idea of a world electronic trading platform and the sharing of the benefits of globalization by SMEs. This international platform is intended to provide free, open and fair trade.
In six months, Ma traveled to over 30 countries and regions for
negotiations regarding customs clearance and tax preferences. His trip was
intended to earn the support of SMEs around the world through the implementation
of eWTP.
In these six months, Ma Yun has traveled to more than 30 countries and regions to negotiate on customs clearance and tax incentives. The purpose of this trip is to gain the support of small and medium-sized enterprises in the world by implementing the World Electronic Trade Platform (eWTP).
The eWTP proposal will be submitted to G20 members for consideration. Ma
said he hopes that G20 members can provide business visas for entrepreneurs in
order to facilitate importation and exportation. However, even if eWTP is
supported and approved by G20, Ma believes the most important step comes next:
operation.
The proposal of the World Electronic Trading Platform will be submitted to G20 member countries for deliberation. Ma Yun said that he hoped that G20 member countries could provide business visas to entrepreneurs to promote the development of import and export trade. But even if the World Electronic Trading Platform (eWTP) is supported and recognized by G20 member countries, Ma Yun thinks that the most important next step is how to operate it.
Alibaba expects to be an advocate and pioneer of eWTP, Ma promised.
Ma Yun said that Alibaba is looking forward to becoming an advocate and pioneer of the world electronic trading platform (eWTP).
(Editor: He Yingying)