1. LINE

      Text:AAAPrint
      Economy

      Indian PM, Jack Ma see entrepreneurship driving force for growth

      1
      2015-03-31 10:56Xinhua Editor: Mo Hong'e

      Jack Ma, founder and chairman of Alibaba Group of China, visited Indian Prime Minister Narendra Modi on Monday and the two discussed in depth the significance of the spirit of entrepreneurship for growth in both India and China, as well as the whole world.

      Both Modi and Ma were just back from attending the state funeral of Singapore's late leader Lee Kuan Yew. The two highly admired Lee for transforming a backward port city in 1950s into a big economic success.

      After Modi came to power in May last year, one of the first things he did was to create a new Ministry of Entrepreneurship which will help produce more entrepreneurs and busineemen in the country.

      They are aiming to produce 500 million skilled personals by 2022, who are capable enough to start their own business, thus producing an avalanche of new jobs in every sector all over the country.

      More prominently, both Modi and Ma believed the entrepreneurship Singapore had shown and showcased in its growth is good reference for the two largest Asian giants.

      In their 50-minute meeting, Modi and Ma exchanged views on the meaning for development and application of internet technology and other information and digital technologies in India's economic growth.

      Ma, who made a success story of electronic commerce and internet-related financing and banking, told Modi that e-commerce, internet banking and financing, digitizing the infrastructure for delivering and shopping, among others will greatly help the small- and-medium-sized enterprises to grow in India, and consequently create millions of jobs.

      They agreed that India urgently needs innovative moves to improve the performance of its financing, banking, transporting, delivering, mailing and retailing systems. Through the establishment of a sophisticated e-commerce infrastructure and online-shopping, paying and banking framework like Alipay, as well as internet banking and investing, many small and medium business opportunities will be created and jobs will come.

      "Had a very good meeting with Jack Ma," Modi twitted after the meeting. "In today's world, globalization is no longer monopolized by big companies. Small and medium sized companies are playing a more prominent role. E-commerce and internet financing can help create new enterprises," said Ma in an interview with Xinhua.

      He said Alibaba group is interested in helping India enable and empower millions to start business and get jobs. But the key to realize this is to help encourage and create the spirit of entrepreneurship in the country.

      Describing India's a country with one of the longest histories in the world but at the same time also one of the youngest nation in terms of average age of its population, Ma said every ambitious businessman should come to the country and closely follow the development of the country. "Nowadays, to invest in another country is not purely to transplant the business to that country, but is to bring the core values of the company to that country," said Ma.

      He said Alibaba group is now focused on bringing its entrepreneurship values to India, share its experiences, help train qualified personnel and create a credit value environment here through internet paying and financing practices. "Once the credit value is established, there will be a sound banking system, and innumerable small and medium-sized enterprises will benefit from it," said Ma. "In a way, it can be regarded as an altruistic move," he said. "Whether or not we can strike gold in 15 to 20 years here, we are not in a hurry."

      He said due to the complexity of the Indian society, it is impossible for foreign companies not to localize their operation through building a strong local basis in management, personnel and infrastructure.

      Alibaba is already hiring Indian talents and sending them to China to get vocational training. Meanwhile, the group has invested some 570 million U.S. dollars in local e-commerce projects.

      Ma expressed his confidence that when Modi visits China later this year, some of the ideas on setting up bilateral collaboration in e-commerce and internet financing will be concretized through substantial agreements and projects. "India should soon have its own Alipay, because it is already ready for it," he said.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 国产精品内射视频免费| 亚洲国产高清国产拍精品| 一个人看的hd免费视频| 国产精品色午夜视频免费看| 亚洲av日韩专区在线观看| 午夜dj免费在线观看| 亚洲成在人线在线播放无码 | baoyu116.永久免费视频| 亚洲人成无码久久电影网站| 人成电影网在线观看免费| 亚洲精品无码专区2| 中文字幕免费在线视频| 久久亚洲精品国产精品黑人| 99精品视频在线观看免费播放 | 337p日本欧洲亚洲大胆色噜噜| 99视频在线看观免费| 久久久久精品国产亚洲AV无码| 久久久久免费看黄A片APP| 亚洲色最新高清av网站| 亚洲国产精品成人一区| 男女一进一出抽搐免费视频| 亚洲成熟xxxxx电影| 1000部国产成人免费视频| 亚洲欧美中文日韩视频| mm1313亚洲精品无码又大又粗| 中文字幕免费观看视频| 亚洲无圣光一区二区| 国产一级高清免费观看| 你懂的免费在线观看| 亚洲伦理一二三四| 一本久到久久亚洲综合| 久久青草免费91线频观看不卡 | 国产精品亚洲五月天高清| 国产亚洲情侣一区二区无| 性无码免费一区二区三区在线| 波多野结衣亚洲一级| MM131亚洲国产美女久久| h片在线免费观看| 男人扒开添女人下部免费视频| 亚洲va久久久噜噜噜久久狠狠| 成年午夜视频免费观看视频|