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Jack Ma Yun Tracy McGrady Jersey , lead founder and executive chairman of Alibaba Group, at the World Internet Conference, Wuzhen, Zhejiang province, Nov 20, 2014. [PhotoIC]
BEIJING Nov. 20 (Xinhuanet) -- Jack Ma Yun Tobias Harris Jersey , lead founder and executive chairman of Alibaba Group, said at World's Internet Conference that he credits the success of the company as holding onto the vision for the future.
Positioned as an e-commerce enabler other than an e-commerce company itself, Alibaba has envisioned China's small business to be play an important role in the future economy since its founding 15 years ago and has been choosing to partner with them, said Jack Ma.
The World Internet Conference in Wuzhen, an ancient town in Zhejiang province, has attracted China's Internet tycoons and officials together with foreign cyberspace titans Terry Mills Jersey , including participants from Apple, Facebook, Cisco, and China's top three Internet companies, namely search engine Baidu, e-commerce Alibaba Stanley Johnson Jersey , and instant messagingprovider Tencent.
The conference, held between Nov 19 and 21, carries the theme "a interconnected world shared and governed by all." It's the first time that China's is holding such a conference.
Talking about fake goods, Jack Ma said only Internet can solve the problem of counterfeit production.
"After some research among fake goods producers in Guangdong and Fujian provinces, you may find that they are now afraid to sell their products on Taobao, as we can track them down easily and report to the police Rick Mahorn Jersey ," he said.
When asked about competition between Alibaba and Amazon, Ma said that there's difference in management philosophy between the east and the west.
"In the east, Taoism stresses on connection between human and nature, Confucianism focuses on the connection between human and society and Buddhism seeks connection between human and their inner heart," said Jack Ma.
Jack Ma also shared his idea of cross-border e-commerce business. When talking about Alibaba's successful model, Ma said Reggie Jackson Jersey , "the 'three WIN' mode is most important, that is to say, customers, partners and us. When customers win, partners win, we win Mateen Cleaves Jersey , that's a real win."
In this year's Singles' Day, Alibaba kept its promise. This year is the first time Alibaba chose to launch its Singles' Day campaign on both its domestic and overseas platforms.
Here are seven important figures to mark Alibaba Singles' Day shopping spree this year.
217
By expanding globally with the participation of AliExpress and Tmall Global, customers from 217 countries and regions outside the Chinese mainland joined the shopping spree, with China's Hong Kong region, the United States and Russia claiming the top three overseas buyer areas.
57.1 billion yuan
Online sales on Alibaba's Tmall, Taobao and its overseas outlets Marcus Morris Jersey , such as AliExpress, topped 57.1 billion yuan ($9.34 billion) on Tuesday, beating Tmall and Taobao's combined 2013 Singles' Day sales of 36.2 billion yuan.
42.6%
With the rapid development of China's mobile Internet, 42.6 percent of sales were made through mobile devices, with a minor gap to PCs.
278.5 million
There were 278.5 million logistics orders generated during the 2014 event.
More than 27,000
This year Kyle Singler Jersey , more than 27,000 brands and merchants participated in the event, including Costco, Muji, Desigual, ASOS Josh Smith Jersey , and The North Face.
Two minutes
Within two minutes after the start of the online shopping spree, the gross merchandise volume exceeded 1 billion yuan.
2.85 million
At peak, 2.85 million transactions were processed per minute by Alipay.
"
by Xinhua writers Zhang Jianhua and Wu Congsi
LONDON, Aug. 22 (Xinhua) -- The upcoming G20 summit in China is ""very valuable"" in enabling major countries in the world to talk about current global issues, said Mark Boleat, policy chairman of the City of London Corporation, one of the most powerful financial institutions in Europe.
In a recent exclusive interview with Xinhua, Boleat also said he expected the summit to give a further push to important international developments, promote international trade and develop green financing and infrastructure investment.
""The world economy is still very fragile, so we look to the governments of major countries to do whatever they can to promote economic growth and international trade, areas like green finance, infrastructure financing and fintech,"" he said.
ADDRESSING CONCERNS
Boleat, who has been Chairman of the Policy and Resources Committee of the City of London Corporation since 2012, said he hoped G20 leaders would reemphasize the importance of international trade amid rising concerns over trade barriers being re-erected.
""There are concerns about the development of international trade, about trade barriers being erected in some cases rather than being removed; there is a move throughout the world on concerns about the impact of globalization,"" the policy chief warned.
There's a need to reemphasize the importance of trade and how it benefits people in all countries, he urged.
""It [the world] will be looking to the G20 to make a pretty firm statement that international trade benefits all countries,"" he added.
The summit, he noted, could only help to improve the economy with concrete actions being taken by national governments.
""So if there can be an agreement on any measures that will help economic growth in individual countries, that will benefit the whole of the world economy,"" he told Xinhua.
In the interview, he also highlighted the importance of ""many informal discussions"" that will take place between the world leaders at G20 summit.
CHINA AND G20
On China's role in G20, Boleat said China is the second biggest economy in the world, and as such ""it plays a very vital role in the global economy.""
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