Jack Ma: small business to shine in global economy’ s new era “WTO 2.0”

Founder of Alibaba Group Jack Ma says the global economy needs an upgraded trade mechanism in the era of e-commerce. He personally termed it “e-WTO” or “WTO 2.0.”

Thanks to the internet technology, Ma says, Alibaba has empowered more than 12 million businesses, most of which are small ones, in China. He says China can share its experience in helping small business with other countries.

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