Yiwu E-commerce to mark time

He is a Ph.D. Communication Studies, Tsinghua University has been engaged in IT research, analysis and commentary, known as "China's information industry's most influential independent commentator." He is also an entrepreneur is the "blog-China" sponsor, Yiwu, founder of a global network. Years of exploration in theory and in practice, so he was the Internet industry has a profound and unique understanding.

    For the home Yiwu, he had a different kind of feeling. But the world's largest small commodity distributing center of the Internet industry, he was quite a lot of criticism, sharp manner that "do not get rich gold Yiwu is Zhan Zhao."

    Reporter: Yiwu is the mall, talking about the Internet industry, naturally, should be "good business sense." Yiwu how you look at all these years of e-commerce industry development?

    Fang Xingdong: In 1999, Ma and his Alibaba is almost nothing. But after decades of development, Alibaba market capitalization reached 20 billion U.S. dollars, together with Taobao, Alipay, the overall market value of more than 40 billion U.S. dollars. This shows that a good entrepreneur to ten years, he was brilliant enough to create.

    However, this decade, Yiwu, e-commerce industry is almost in the same position. I clearly remember, October 24, 2000, Yiwu, one called "Chinese commercial port," the official opening and operation of e-commerce platform. Its role is to China Commodity City's commodity market foothold, to rely on domestic and international markets, applications e-commerce platform, expanding electronic and business information to achieve commodity B2B, B2C transactions.

    Today, "Chinese trading port" in name only. From the essence, since the rise of e-commerce company in Yiwu's location second to none. Yiwu China has such a huge commodity, business entities and other resources, but will not get an "Alibaba." So I say, a decade Yiwu E-commerce has been marking time.