Home
» City specials
» Hangzhou
Online free trade
Print Edition
THE Hangzhou government is discussing the creation of an online free trade zone with the central government, Vice Mayor Xie Shuangcheng said at the 14th Joint Meeting of Mayors of Yangtze River Delta Cities in Yancheng, Jiangsu Province.
The online free trade zone will be based at the headquarters of Chinese e-commerce giant Alibaba Group. Xie said Alibaba signed a strategic cooperation agreement last December to base its global headquarters in Hangzhou.
Xie said China’s e-commerce market totaled 10 trillion yuan (US$1.6 trillion) last year, surpassing that of the United States for the first time. Hangzhou became one of the first Chinese cities to test cross-border e-commerce.
The vice mayor said cross-border e-commerce will be a breakthrough for the online free trade zone, which can complement the Shanghai Pilot Free Trade Zone.
The planned online free trade zone will include a data-sharing, financial services system, intelligent logistics and e-commerce credit system, Xie added.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
