Jack Ma wants to bring e-commerce to everyone in the developing world

Jack Ma, co-founder and chairman of Chinese e-commerce behemoth Alibaba, said he wants to reform globalization by bringing e-commerce to everyone in the developing world. Ma made the remarks during a panel discussion with Rwandan President Paul Kagame at a session called Digitalizing Emerging Markets at the World Economic Forum in Davos, Switzerland, on Wednesday.

China’s state-owned companies enjoy record profits

Revenues and profits at China’s state-owned enterprises hit historic highs last year, even as the country’s private firms fought for their survival amid the slowest period for economic growth in a decade.

China, northern Europe deepen partnership on green urbanization

China will further cooperation with northern European countries on developing a green urbanization market in China, aiming to strengthen international coordination and establish green and sustainable development partnerships according to officials from both sides.