Alibaba<1688>, the largest B2B e-commerce portal in China, has signed a MOU with Guangzhou Municipal Information Industry Office on making Guangzhou Alibaba's operating headquarters in South China, sources reported.
One of the main focuses of the new headquarters is to promote the e-commerce of those small and medium-sized enterprises (SMEs) in Guangzhou so that they can better explore the overseas as well as the domestic markets. Moreover, the headquarters will help train more e-commerce talents and build a better e-commerce environment in the city.
Besides, this move is expected to enhance Guangzhou's competitiveness in international economic and trade cooperation and speed up the economic integration of the Pearl River Delta, said sources.
Based on Alibaba's information service platform, Guangzhou will provide support to some key markets and enterprises covering automobile, steel products, computer, video, plastic, fruits and vegetable, as well as pharmaceutical sector.
It is also reported that the relevant bodies of Guangzhou municipal government will issue the detailed development plan soon.
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