Industries see opportunities in Xi's proposal

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Shen Difan, general manager of AliExpress

The Belt and Road Initiative is conducive to lower trade barrier, address trade imbalances and enhance economic interdependence. While globalization benefits large multinational corporations, the Belt and Road Initiative aims to unlock the potential of SMEs by enhancing connectivity, and e-commerce is a critical channel to reach that goal.

AliExpress aims to serve 1 billion users globally within seven years and build a "cyber Silk Road" following the initiative. This will be achieved via collaboration on cross-border payment, express delivery and local partnership.

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