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
Company

Ministry, Alibaba sign strategic agreement to implement rural vitalization strategy

June 30, 2020


Abstract : Ministry of Agriculture and Rural Affairs and China's e-commerce giant Alibaba Group have recently signed a strategic cooperation agreement to jointly promote implementation of the rural vitalization strategy.

BEIJING, June 30 (Xinhua) -- Ministry of Agriculture and Rural Affairs and China's e-commerce giant Alibaba Group have recently signed a strategic cooperation agreement to jointly promote implementation of the rural vitalization strategy. 

Under the agreement, the two sides will cooperate in the areas of e-commerce platform service, inclusive financial service innovation and digital rural governance. They will focus on the projects such as digital agriculture, rural governance platform building and county financial services, in an effort to jointly facilitate digital application in rural governance, farmers' cooperatives, and the agricultural social service organizations.

In terms of e-commerce platform service, Alibaba will provide preferential treatment for farmers cooperatives to enter a farm product-centered e-commerce platform, and select high-quality buyers to expand sales channels and reduce marketing costs. At the same time, it will also help farmers' cooperatives improve planting and production standards to realizes a positive linkage between production and sales. 

Regarding financial services, MYbank, a leading online private commercial bank under Ant Financial Services Group, Alibaba's financial affiliate, will provide county-level financial service products to farmers' cooperatives and socialized service organizations at all levels, and develop "zero mortgage, no guarantee" credit services.

In terms of digital rural governance, Alibaba will focus on social management, public services, emergency response, and rural civilization and use its communication app DingTalk to build digital governance for townships and villages for free, in a bid to gradually advance the process of digital rural governance. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: e-commerce Alibaba rural vitalization

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