G20 suggested to focus on SME access to global trade

Shi Dongwei, vice-president of Alibaba Group Holding Ltd, has urged that more global trading information be made available online to Chinese small- and medium-sized enterprises, as they strive to expand overseas.

Speaking at the G20 Trade and Investment Working Group meeting in Nanjing, Jiangsu province, on Monday, Shi said 60 percent of the SMEs using Alibaba's trading platforms still had limited access to information on other global markets.

He said Alibaba's e-commerce platform Taobao has been used by millions of small business owners to trade their services and products online, and as such has made a series of proposals to the working group meeting with a view to increasing opportunities for SMEs.