Mr. Wei: 1688.com Wholesale Market will formally enable the first payment principle

March 15 Alibaba announced that it will join hands with the state news agency Xinhua to set up the first domestic business credit system for small enterprises, and to spend 1 billion yuan to set up compensation for the enterprise Credit guarantee.

"Alibaba March 8 online 1688 platform is to popularize the origin of China's integrity and E-commerce." E-commerce has become a necessary tool for small businesses to establish business integrity. "Wei Zhe language out of the way," 1688.com wholesale market will formally enable the "first payment" principle, in order to create business opportunities for small enterprises, while safeguarding and solve the issue of security transactions. ”

According to the statistics 1688.com on-line day, the wholesale volume of traffic reached 6.39 million, which is equivalent to the world's largest commodity market Yiwu commodity City 1 months of people flow, and sold 3.09 million items.

"But now, with the start of the Aribin 10 journey, we know and believe that only E-commerce can save the business integrity crisis." "Mr. Wei said e-commerce to traditional channels not only from the trade model of traditional trade innovation, but also with the construction of real-time records of enterprise transaction files, guarantee gold ' first payment ' and other traditional trade models can not achieve the ' Small Business credit system ', to help small business integrity business, rapid development. ”

"From today onwards, as long as you dare to 1688.com platform wholesale, Alibaba will dare to promise protection." "Alibaba Integrity Development Department senior director Jia boasted astonishing, and to this" Small Business business Credit system "full of confidence.