Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Trade

Self-operated exports of Hubei enterprises soar: Alibaba

April 30, 2020


Abstract : The gross merchandise volume of self-operated exports of enterprises in central China's Hubei Province soared by 1,163 percent annually this year as of April 25 on Alibaba.com, a leading B2B platform for global wholesale trade owned by China's e-commerce giant Alibaba Group.

WUHAN, April 29 (Xinhua) -- The gross merchandise volume of self-operated exports of enterprises in central China's Hubei Province soared by 1,163 percent annually this year as of April 25 on Alibaba.com, a leading B2B platform for global wholesale trade owned by China's e-commerce giant Alibaba Group.

The Hubei provincial department of commerce has established a strategic partnership with Alibaba, with the "Spring Thunder Initiative" launched to boost small and medium-sized enterprises (SMEs) who are feeling the biggest pinch due to the COVID-19 epidemic.

Alibaba.com will provide continuous support over a five-month period to Hubei's SMEs in foreign trade to promote worldwide sales of local products by organizing online trade fairs and offering integrated supply chain and import-export services.

More than 1,000 foreign trade enterprises in Hubei that have been brought online in the past four months outperformed the market during the period, according to Alibaba.com, who saw a month-on-month increase of 194 percent in the number of new merchants on its platform in March.

Alibaba.com also collaborated with the Ministry of Education to formulate the standards of vocational training for talents in cross-border B2B data operation. Over 300 higher vocational colleges across the country will adopt the standards. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Alibaba trade Hubei

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial