...

Alibaba Group to create 100 million jobs, most of which in SCO countries

Business Materials 30 August 2019 12:21 (UTC +04:00)
One of the largest Chinese companies, Alibaba Group, plans to create 100 million new jobs worldwide in the next few years and support 10 million small enterprises, most of which will be in the countries of the Shanghai Cooperation Organization (SCO)
Alibaba Group to create 100 million jobs, most of which in SCO countries

Baku, Azerbaijan, Aug 30

By Fakhri Vakilov-Trend:

One of the largest Chinese companies, Alibaba Group, plans to create 100 million new jobs worldwide in the next few years and support 10 million small enterprises, most of which will be in the countries of the Shanghai Cooperation Organization (SCO), Trend reports citing Uzbek media.

Executive chairman of Alibaba Group Jack Ma announced this at a meeting with the SCO Secretary General Vladimir Norov during the exhibition "SMART CHINA EXPO -2019", which was held in Chongqing, China.

Ma noted that most of the 100 million jobs that the company plans to create in the coming years will be created in the SCO inasmuch as over 2.5 billion people live in the member countries of the organization. Of these, 800 million are young people.

“This should be our joint work. Alibaba is growing rapidly, but we are proud not of the money we have earned, we are proud of how many jobs we have created,” Ma said.

The parties also discussed issues on the development of trade, economic and investment cooperation between SCO and the company.

"This is a huge opportunity and a huge responsibility. We are ready to assist the organization in implementing the SCO Member States' Concept of Cooperation in the field of digitalization and information and communication technologies," Ma stated.

Norov suggested to implement joint projects in the innovation clusters and technology parks of the SCO member states. In turn, Ma emphasized the importance of the growth of the Internet, smart technologies and globalization to create new opportunities for entrepreneurs, youth and small businesses.

The parties agreed that soon the company will send a working group to the SCO secretariat to determine the main areas of cooperation.

The Shanghai Cooperation Organization is an international organization founded on June 14, 2001 by the leaders of China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan.

---

Follow author on Twitter:@vakilovfaxri

Tags:
Latest

Latest