The buzz word is China domestic trading
Hong Kong-based newspaper South China Morning Post posted an video clip on its website, in which Alibaba (1688) group’s Chairman and Non-Executive Director Jack Ma disclosed his future vision.
During the interview, Mr Ma essentially mentioned a few points:
- Alibaba is fully aware of the strong growth in China domestic market and a slowdown of import/export trading
- Develop China domestic site and put emphasis on “Export to China“
- The company save money for “winter”
- Alipay will play an important role in faciliating online payment
Alibaba Jack Ma speaks of China domestic market
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