News Snapshot:
Alibaba Group Holding is ratcheting up efforts to boost its cross-border e-commerce operations through a new campaign with authorities in Hangzhou , capital of eastern Zhejiang province, with the aim of helping more Chinese exporters expand in overseas markets amid weak consumption on the mainland. Alibaba and the Hangzhou Cross-Border E-Commerce Comprehensive Pilot Zone on Thursday reached an agreement at an industry event in the city to help develop “a number of cross-border e-commerce brands and key enterprises” on the back of local government policy guidance and supporting measures, according to a report by state-run newspaper Economic Information Daily ....
