Wang Shutong, the vice-president of APEC business advisory council and the president of DHgate, reported to President Xi Jinping on November 18th
when APEC leaders met with business representatives. President Xi witnessed the corporation between China and Turkey e-commerce three days ago, which was sponsored by Wang.
According to Wang, DHgate
）, whose name came from Dun Huang, an important stage on the traditional Silk Road, contributed to build a new era for online Silk Road in the past 10 years. DHgate has already signed a contract with Turkey, the first stop of online Silk Road. DHgate plans to corporate with more countries in the future.
On November 15th
, President Xi and Turkish Prime Minister Recep Tayyip Erdogan witnessed China and Turkey signing the memorandum of building online Silk Road and promoting cross-border e-commerce Corporation during G20 summit, which is the first step on building the Belt and Road. As the vice-president of B20 small and middle-size business group, Wang sponsored and promoted this corporation. DHgate, as the world’s leading cross-border e-commerce and B2B platform, would be responsible for building the platform of cross-border e-commerce.
“Cross-Border E-commerce in China developed rapidly in the past 10 years and achieved the leading position in the world. Many countries, such as Russia, Australia, EU and so on, are eager to corporate with China’s cross-border e-commerce platform to help local small and middle-size enterprises toward internationalization. “Wang said.