Alibaba Has Borrowed Guangxi To Expand Cross-Border E-Commerce Cooperation With ASEAN.

" Cross-border electricity supplier Alibaba is becoming a new economic growth point, and the Alibaba is optimistic about the development potential of mid western electricity providers, especially with ASEAN. " Yu Yong, senior director of Alibaba's international business division, said Alibaba will take advantage of Guangxi's regional advantages to expand its business cooperation with ASEAN countries.

From the Guangxi chamber of Commerce and Alibaba The first Sino Western business ecosystem summit jointly hosted by China Internet Technology Co., Ltd. was held in Nanning, Guangxi on the 11 day. More than 2000 government officials, business elites and experts and scholars from China and ASEAN focused on the discussion on the construction of electricity ecosystem and cross-border e-commerce cooperation.

Yu Chung said that the Internet economy is a rare opportunity for the development of China's small and medium enterprises. As the developing Midwest region, the potential of e-commerce is particularly huge.

In recent years, China's Internet economy has been booming, e-commerce has maintained rapid growth, and the electricity supplier has become a new engine for stimulating employment and promoting consumption. Statistics from China's Ministry of Commerce show that e-commerce transactions in China amounted to 13 trillion yuan (including B2B and online retail) in 2014, an increase of 25% over the same period last year, and retail sales reached 2 trillion and 800 billion, an increase of 49.7% over the same period last year.

"Some enterprises in the eastern coastal areas of China are being transferred to the central and western part of the country, subject to the rising labor costs. However, the central and western enterprises can not take the old road, and the electricity supplier has become an important opportunity for transformation." Yu Chung said.

As the world's most famous business enterprise, Alibaba realized the Internet of China's export trade after connecting with Chinese suppliers and overseas buyers in 1999.

Many delegates thought that the cross-border electricity supplier transaction mode continued to be hot. Under the background of the rapid growth of cross-border trade, cross border retail business was transferring from individual sellers to business sellers. In the future, the retail platform of e-commerce will shift more to branding development, and the cross-border electricity supplier industry has entered the "yellow gold era".

The open, multi-dimensional and three-dimensional mode of cross-border electricity suppliers has opened a new prospect for the economic and trade cooperation between China and ASEAN. Singapore Post e-commerce company CEO Marcelo Wissler said that his company is innovating mode to expand the business of e-commerce, and the investment of Alibaba has enabled them to see the potential of cooperation. He said that Southeast Asian mobile terminals are more developed, but the habit of consumption through mobile terminals is still in the initial stage, which is a challenge to the electricity supplier, but the prospect is expected.

At present, China is building "one belt and one road". E-commerce led "Internet +" is becoming a new competitive power of China's economy.

Statistics show that as of the end of 2014, the total import and export volume of China's cross-border e-commerce pilot has exceeded 3 billion yuan, according to the Ministry of Commerce forecast, by 2016, China's cross-border electricity supplier import and export volume will increase to 6 trillion and 500 billion yuan, annual growth rate is more than 30%.

As the center of China ASEAN Free Trade Area, Guangxi is located in the junction of Southern China, southwest and ASEAN's three largest economic circles. It relies on the vast domestic hinterland and faces the ASEAN multinational market. At the same time, it has the three advantages of coastal, border and riverside. It is an important communication and cooperation platform between China and ASEAN countries, transportation and logistics hub and economic and trade bridge.

Ma Jixian, deputy director of Guangxi business department, said Guangxi The economy is in the acceleration stage of the development of the leap. In 2014, Guangxi's e-commerce turnover reached 203 billion 400 million yuan, an increase of 60.7% over the same period last year. Guangxi attaches great importance to the Internet economy and information economy, fully implements the electricity supplier strategy, and has achieved leapfrog development in e-commerce.

At present, Guangxi is promoting the "doubling plan" of the electricity supplier transaction. It will build the "electricity supplier Guangxi, electricity supplier ASEAN" project, and the business status of electricity will be further enriched. Alibaba will also have more layout in Guangxi, laying the foundation for developing cooperation with ASEAN.