(Yicai Global) Dec. 13 -- China's online retail industry body will work with a trade authority from South Korea to jointly organize exhibitions to better provide talent training for those engaged in the e-commerce sector.
The China International Electronic Commerce Center (CIECC) and the Korea International Trade Association (KITA) agreed to work together following discussions at the South Korea-China Digital Trade Forum held in Beijing yesterday, Yonhap News Agency reported.
More than 250 representatives attended the event from digital trade companies from both countries. Han Jin-Hyun, president of Korea Trade Network Co. a paperless import-export serve provider, was among the forum's main speakers and discussed challenges facing traditional trade and changes in the digital commerce trends.
Wang Xiao, Vice President of Kaola, a cross-border e-commerce platform operated by Chinese internet giant NetEase Inc. [NASDAQ:NTES], also participated in discussions on the integration of digital commerce platform into the One Belt, One Road initiative.
Often compared with the ancient Silk Road, the One Belt, One Road initiative was proposed by Chinese President Xi Jinping in 2013. It is a grand 30- to 40-year plan for a vast infrastructure and trade route boasting a major network of railroads, highways, ports and pipelines embracing the continents of Asia, Europe and Africa. Singapore, with its highly developed economy and advanced technological infrastructure, sits at a key strategic point.