Alibaba to train one mil­lion ru­ral e-com­merce gu­rus

The Pak Banker - - COMPANIES/BOSS -

Alibaba reached an agree­ment Tues­day with China Com­mu­nist Youth League, a CPC re­serve force, to train 1 mil­lion teenagers to take e-com­merce to ru­ral ar­eas.

The agree­ment sealed in south­west China's Guizhou prov­ince, means Alibaba will help the ru­ral youth to jump­start on­line busi­nesses of­fer­ing train­ing, funds and part­ner­ships. Alibaba's In­ter­net fi­nance arm Ant Fi­nan­cial will ear­mark 1 bil­lion yuan ($154 mil­lion) to sup­port col­lege grad­u­ates who want to re­turn to their home­towns to start busi­nesses.

E-com­merce is de­vel­op­ing quickly in ru­ral China with farm­ers sell­ing pro­duce on­line. Ser­vice sta­tions have been set up in vil­lages to help those who lack the nec­es­sary skills to buy and sell on­line. Vil­lagers can or­der goods at the sta­tions and re­turn a few days later to col­lect their pack­ages.

The num­ber of th­ese vil­lage hubs has risen from three in 2009 to 780, with plans in place to build an­other 100,000 vil­lage sta­tions and 1,000 county sta­tions by 2019 at a cost of around 10 bil­lion yuan.

China's on­line sales re­mained strong in 2015, jump­ing 33.3 per­cent to 3.88 tril­lion yuan. On­line sales in ru­ral ar­eas grew at dou­ble the pace of ur­ban ar­eas.

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