Indonesia Wants Alibaba's Jack Ma to Lead e-Commerce Development
Ellie Froilan | | Sep 06, 2016 09:38 AM EDT |
(Photo : Twitter) Indonesia has invited Alibaba's Jack Ma to play a role in the development of its e-commerce sector.
Indonesian President Joko Widodo has invited Jack Ma to be an economic advisor to develop the country's e-commerce industry.
Widodo made the invitation to the Alibaba Group founder during his visit to Hangzhou, Zhejiang province, for the G20 summit last week, Fortune reported. Indonesia’s Communications and Information Minister Rudiantara said the effort to enlist support from Asia’s richest man is aimed at bringing Indonesia's big potential in e-commerce to the world market.
Like Us on Facebook
Indonesia has the world's fourth-largest population. The country boasts of a young, internet-savvy demographic. Its e-commerce market is thriving and is increasingly attracting global investors. To promote the growth in Indonesia's e-commerce sector, the government is developing a steering committee consisting of 10 ministers. This is the committee that Alibaba's Ma has been asked to advise.
“The thinking behind this is to make Indonesia's positioning in the international marketplace more prominent,” Rudiantara said in a video released by the state secretariat.
Indonesia has 56 million small and medium enterprises (SMEs). Widodo aims to boost the cooperation between SMEs in Indonesia and Alibaba can help them enter the Chinese and the global market, according to China Daily.
The Indonesian government's support for SMEs is in line with Alibaba's, according to Ma. Ma said that Indonesia has a big shot in e-commerce with its large population and the number of SMEs it has. He noted that Alibaba's business model is suitable for the Indonesian market.
An Alibaba spokeswoman confirmed that Ma was asked to be an economic advisor to Indonesia’s e-commerce plan but did comment on whether he has accepted the offer.
TagsIndonesia, Pres. Widodo, G20 summit, Jack Ma, Alibaba, e-commerce, Jack Ma Indonesia
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?