Recently, the municipal leaders, including He Meihua, Zhao Guorong, and Chen Zhicheng, witnessed a great step towards the transformation and upgrading of Yiwu’s physical market – Yiwu Commodity City Group and Alibaba Group have signed a strategic cooperation framework agreement, representing the largest domestic commodities trading market formally “married” with e-commerce trading platform.
With the improvement of internet technology, the integration development tendency of e-commerce and tradition distribution industry is increasingly apparent. As the global largest commodities wholesale market, Yiwu commodity, has outstanding advantages in the areas of supply of goods, logistics distribution and other entities supportings. Alibaba Group owns the largest online shopping platform which has leading advantages in commodity flow and concentration, market operation, e-commerce talents, and the coverage of domestic and foreign markets.
The strategic cooperation is complied with the objective requirements of the integration development of visible markets and invisible markets. It is also an important measure for accelerating the implementation of the comprehensive reform experimentation of the international trade which in one of the four national strategies, and for keeping the continuous prosperity of the markets.
Based on the principle of “Complementary advantages, function promotion, win-win cooperation, and common development”, the contracting parties will focus on cooperation in market expanding, merchandise procurement, logistics distribution, industrial park, personnel training and other areas. In the agreement, both parties have determined the cooperation content in six aspects : to support the business users of yiwu Commodity City to do business in Tmall (original Taobao Mall), to support the business users of China Commodities City to develop foreign trade in e-commerce in Alibaba foreign trade platform, to promote the construction of Yiwu e-commerce park, to establish the third party e-commerce platform of Yiwu, for promoting the establishment of Yiwu being “National Network Goods Procurement Center”, and to develop e-commerce training.
This news is choosed by Yiwu International Trade Co.,Ltd.
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