Ali Detroit Hosts Forum of 3000 U.S. Entrepreneurs

【Global Science and Technology Report】 According to reports from the US media on June 20th, China’s online sales giant Alibaba held an SME forum in Detroit on the 20th and 21st to help US SMEs explore the Chinese market, which is expected to attract 3000 U.S. entrepreneurs came to attend the forum.

Alibaba expects to create 1 million jobs for the United States in the next five years. Although the United States has recently stepped away from globalization on the international stage, SMEs in the United States are still very eager to bring their products to the world. Cross-border shopping is a very promising area for online retailing. Alibaba’s goal is to provide US companies with the necessary knowledge and tools to make cross-border sales relatively simple.

China is a huge potential market for food, cosmetics, vitamins and other commodities in the United States. Chinese customers have great demand for U.S. goods. Lily Varon, a strategy analyst at Forrester Research, said: "For American businessmen, many cross-border sales are driven by Chinese online shoppers. Alibaba can give foreigners. Merchants provide markets and channels for cross-border sales, hoping to help U.S. companies enter China's e-commerce market." (Internship Compilation: Ru Yafei Reviewer: Li Zongze)

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