Vision - Alibaba
Vision - Alibaba
Vision - Alibaba
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Corporate Social Responsibility — <strong>Alibaba</strong>.com in the Community<br />
Corporate Social Responsibility –<br />
<strong>Alibaba</strong>.com in the Community<br />
<strong>Alibaba</strong>.com co-hosts the AliFest every year, bringing together entrepreneurs and SMEs from China and abroad to share their e-commerce<br />
experience.<br />
SUPPORTING SMES AND CREATING BUSINESS OPPORTUNITIES WORLDWIDE<br />
<strong>Alibaba</strong>.com is playing an important role in helping SMEs in China and around the world participate in global trade<br />
and become more competitive. We are creating jobs and opportunities for millions of companies by giving them a<br />
cost effective platform to market their products, fi nd quality suppliers and grow their business.<br />
In early 2007, we entered into a partnership with Industrial and Commercial Bank of China and China<br />
Construction Bank to provide business loans and fi nancial consulting services to SMEs. Under the program,<br />
<strong>Alibaba</strong>.com provides the online transaction history and trust rating of SMEs to the banks. This online fi nancial<br />
solution has helped Chinese companies with limited assets or credit history secure fi nancing to expand their<br />
business. Many SMEs have benefi ted from the program since it was launched.<br />
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