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Home International Customs

Alibaba to smooth imports to China

byCT Report
19/04/2016
in International Customs, World Business
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WASHINGTON: China’s richest man wants to help more New Zealand farmers and small businesses sell their products there. Jack Ma, who founded China’s biggest online retailer Alibaba, has signed a deal with the government to give more New Zealand goods access to key online sites in China. The signing ceremony was witnessed by Prime Minister John Key at a China Entrepreneur Club leaders meeting in Beijing.

Mr Ma has a net worth of about $50 billion, amassed from his numerous online retailers, including Alibaba, Aliexpress, Alitrip and T-Mall. He said New Zealand’s wonderful small businesses had good products but they did not know how to sell into China.

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Under the agreement, Alibaba would provide support for New Zealand companies to enter the Chinese consumer market through its various e-commerce channels.

Trade Minister Todd McClay said it would involve matching New Zealand products with Chinese businesses that already sold successfully on Alibaba. “Some of those direct-to-market opportunities will be increased,” Mr McClay said.

Mr Ma said he would be sending staff to New Zealand to check out products for his companies and would set up a business embassy. He said China had a lot to learn from New Zealand in terms of food safety, sustainability and environmental protection.

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