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Malaysian e-commerce team visits Alibaba's Xixi Park

ehangzhou.gov.cn| Updated: March 5, 2019 L M S

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Malaysian delegates attend e-commerce training at Alibaba's Xixi Park in Hangzhou, the capital of Zhejiang province, on March 4. [Photo/zjol.com.cn]

The eWTP has provided Malaysia with a global vision and an ability to embrace globalization, said Dato' Ng Wan Peng, chief operating officer of Malaysia Digital Economy Corporation, adding that as more and more Malaysians are now engaging with cross-border e-commerce trade, eWTP has become an important driving force for the country in stimulating export policies.

According to the latest figures, the added value of Malaysia's e-commerce industry has played a bigger role in the national GDP from 2010 to 2017, with an annual growth of 12.5 percent. It is expected that the digital economy would contribute to 20 percent of Malaysia's GDP by 2020.

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