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Special interview: ITC's stance on e-commerce & trade barrels

CCTV.com

05-30-2016 16:58 BJT

The China International Fair for Trade and Services comes at a time when global trade is expected to hit a fifth straight year of sluggish growth. The International Trade Centre is the joint agency between the United Nations and the World Trade Organization.

Our reporter Liu Xin sat down with ITC executive director Arancha Gonzalez before she left to attend the fair in Beijing. The interview starts from ITC's stance on e-commerce and trade barriers.

Q: Sure. Well it’s very exciting, the prospect is very big, but when you actually set out to do all of that, there are a lot of hurdles to overcome, customs clearing, technology, logistics, also the Chinese companies even Alibaba itself. Jack ma was forced to cancel his speech at an international anti-counterfeiting conference because people think there are a lot of counterfeit products on the Chinese markets and that the Chinese on-line e-commerce business is a big platform for that. Where can ITC help in that regard?

Q: You mentioned the word SMS so many times, why is it so important for China and for other countries around the world?

Q: SMEs and the services play a pivotal role in China’s “One Belt, One Road” initiative. There are welcome voices, but there are also a lot of skepticism against this initiative. How can we ensure this initial can materialize? And what kind of role can SMEs play in this regard?

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