SMEs in developing countries should play in globalization: Jack Ma

Davos, Switzerland – Jan 17, 2017 (CCTV Plus News) – Small and medium enterprises in developing countries should take part in globalization when facing the challenges brought by it, said Alibaba founder Jack Ma.

Ma made the remakes in an interview in Davos, Switzerland after hearing Chinese President Xi Jinping’s speech at the opening ceremony of the 47th World Economic Forum (WEF) annual meeting.

Ma said he totally agreed with President Xi that globalization is irresistible and there is no way to stop it. The world is connected by globalization, which is incomparable with the past, as the world is driven by 60,000 large enterprises. He said in the past many small enterprises and young people in developing countries did not have the chance to take part in globalization.

"Globalization promoted by China this time, I personally think, especially the Belt and Road initiative, is joined by small and medium enterprises and young people in developing countries. So I think we can’t quit because there are some setbacks on the progress of globalization. So I sit there and suddenly felt we have more responsibilities," said Ma.

Ma met with U.S. President Donald Trump on January 9 and discussed plans to help U.S. small businesses sell products to China through the company’s platform. He talked about his idea about the globalization of small and medium enterprises and trade facilitation with Trump. Ma said Trump agreed with his idea.

"First of all, globalization definitely has its challenges from its first day to now. I have mental preparation that nothing starts smoothly. Secondly, the globalization of small companies has never been realized, so there are no such challenges. I think we are promoting it, and opening it is a progress. It may be like yesterday at most, so I don’t think it’s a big deal or we lost something. It’s we pushing for more people and striving for more benefits for more countries’ small enterprises and young men. Thirdly, I think by using the internet methods, which our president mentioned this morning, to find more future growth and breakthroughs by using innovative ways. I think this is our responsibility. Referring to the others during the development progress, when I talked with the president-elect, he totally agreed with me," said Ma.

Ma said after hearing President’s Xi’s speech, he felt the difference between China and other great powers as China uses the quintessence of "Confucianism, Buddhism and Taoism" to deal with problems.

"The three speeches delivered by our president, I found a very interesting signal that we have a responsibility to the world. But we do not pursue to be number one. Internationally speaking, if you are number one, you may not be the leader. You are the leader, but you may not be number one. The key is there is a new leadership rising up in China. It was mentioned in the morning that ‘all roads lead to Rome’. Every one has his way. This is our typical method of ‘Confucianism, Buddhism and Taoism’ that we respect others but we go our own way," said Ma.

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