The founder of Alibaba: Russia and China need to strengthen infrastructure for the development of e-Commerce

The founder of Alibaba: Russia and China need to strengthen infrastructure for the development of e-Commerce


UJANG /China/, December 16. /Corr. Alexey Selishev/. Russia and China need to develop infrastructure with the aim of further development of Internet Commerce. This was announced on Wednesday by the founder of one of the largest online retailers of Alibaba Jack MA at the second world conference on Internet governance (World Internet Conference), which takes place in China wuzhen.

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“Overall we are pleased with the results of work in Russia this year, but could be made even more”, – said the head of the Chinese company. “Russia and China need to increase the degree of openness in the field of Internet trading. We also need to develop the infrastructure that was the Foundation for the future,” said Jack MA. According to him, for the long-term development “an important change in policy” States.

Conference on Internet governance held under the motto “creating a society with a common future in cyberspace”. It will last until 18 December.

Alibaba Group is a Chinese private company working in the field of Internet Commerce. The group has its own electronic payment system Alipay, and manages the online stores of Taobao and AliExpress. About 22.5% of the Internet holding company owned by an American Yahoo, 34.3% of Japanese SoftBank, 8,9% – in Jack MA.