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Home / Business / 2019 Winter Davos Forum

The headline quotes from Davos 2019

chinadaily.com.cn | Updated: 2019-01-26 06:45
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Jack Ma, co-founder and chairman of Alibaba

Jack Ma attends the World Economic Forum annual meeting in Davos, Switzerland, Jan 23, 2019. [Photo/Agencies]

Ma said he wants to reform globalization by bringing e-commerce to everyone in the developing world.

"Globalization, in the past 30 or 40 years, helped a lot of countries to grow, especially countries like China, Ma said. "But many people don't believe in it because it is not inclusive. How can we improve it? We can make more developing countries get involved," he added.

Ma said globalization has been controlled by 60,000 big companies worldwide in the past 20 years, and he wants to expand that to 60 million businesses in the next 30 years, including small enterprises.

"Businesses themselves should make decisions in the next 30 years, with governments as a support," Ma said, adding that Alibaba cannot do it alone.

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