On 7 December 2017, our SuperAnt team went to Hangzhou, China. We were invited to be part of the Malaysian delegation accompanying Datuk Seri Dr. Ir Wee Ka Siong, Minister in the Prime Minister’s Office to visit the Alibaba Group Headquarters. We were warmly received by Alibaba Group’s electronic World Trade Platform (eWTP) Project Leader Mr. Song Juntao and his team.
It was an honour to be invited to China’s data giant and learn more about the Alibaba Group’s data centre. After visiting, our delegation proceeded to attend a high-level meeting with several of the Group’s executives. Among them were Alibaba Public Affairs Department Senior Specialist Albert Zhang, Alibaba Strategic Investment Managing Director & Group Vice President Justin Chen, Alibaba Group Vice President & LST Business Unit General Manager Kevin Lin, and Alibaba International Government Affairs Deputy Director Yao Yao. Our Malaysia delegation led by Datuk Wee included SAME CEO Neil Foo, SuperAnt Technology Managing Director Dato’ Lee Tian Hock and SuperAnt Technology CEO David Lim.
Alibaba Group chose Malaysia as its first eWTP overseas
Mr. Song in his welcoming speech said that Malaysia was chosen to host Alibaba Group’s first eWTP overseas because of its strategic location in the Maritime Silk Road. Additionally, in line with the Group’s eWTP concept, Malaysia possess the potential to be the next Global Digital Hub. The Group is looking to foster more cross-border trade between the two countries as well as developing local SMEs.
Dr. Wee expressed Malaysia’s intention to embrace new concepts such as retail shopping, cloud technology and big data as it will enable SMEs in Malaysia to be more competitive. He expressed his confidence in Malaysia’s DFTZ to be the digital backbone of logistics, payment, customs clearance and data integration. This presents a window of opportunity for local SMEs to look abroad and capture the digital economy.
Alibaba Group announced its 5 “new” strategies: “new retail”, “new finance”, “new manufacturing”, “new technology” and “new energy resources”. Strategies that will completely change the pattern for future industries, Malaysian businesses must take a comprehensive approach to master new emerging technologies like the Internet of Things.
Stay tuned for more exciting news about ASEAN-China cross-border trade.