BEIJING, Nov. 16, 2015 /PRNewswire/ -- On Saturday, November 14, 2015 at the G20 summit in Antalya, the Presidents of Turkey and China were present for the signing of an MOU between the two nations regarding E-commerce Cooperation in order to strengthen the development of the Online Silk Road.
This agreement, initiated and facilitated by Chinese B2B ecommerce giant DHgate.com, is a break-through event, turning a brand new page in the development of the Online Silk Road, under China's One Belt One Road Initiative.
The Online Silk Road
The One Belt One Road Initiative is a development strategy and framework, proposed by the People's Republic of China that focuses on connectivity and cooperation among countries along the ancient Silk Road. The initiative includes a land route, a maritime route and an online channel named the Online Silk Road. The Online Silk Road provides the gateway and lowers barriers to entry for enterprises, especially small-medium enterprises, to integrate into the global value chain, to benefit from globalization and digitalization through innovative business models.
Turkey and China, Ancient Strategic Trading Partners
Trading partnerships between Turkey and China go back 2000 years. The agreement signed on Nov 14th aims to advance multilateral trade and growth of the Euro-Asia economy with new strategies for success, guaranteed win-win situations for all countries involved, providing benefits in trade and investment and allowing the opportunity for many developing economies to make significant gains that were previously not possible.
Hitting the Pedal on Economic Development
The main contributor - Diane Wang, founder and CEO of DHgate.com, in her introduction said, "As some of the world's oldest trading partners, we are delighted to advance our bilateral cooperation with an integral part of the ancient and modern Silk Road: Turkey; who is an essential constituent to the success of the One Road One Belt Policy, and corner stone of advantageous multilateral trade that will invigorate the growth of the Eurasian Economy."
DHgate.com, the Future Hub of the Online Silk Road
DHgate is the first mover and the biggest cross border B2B e-commerce marketplace in China. We aim to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 230 countries and regions, with 1.2 million global sellers offering 33 million product listings. Our business enables buyers to directly access global manufacturers of the world's top brands with the richest product selections. DHgate is currently engaged in multiple business, such as international logistics, cross border payment, internet financing, etc. Offering DHgate overseas warehouses in the US, 48 hour delivery and convenient product returns & refunds provide great convenience to US buyers @http://www.dhgate.com/
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dhgatecom-facilitates-historic-bilateral-e-commerce-agreement-at-the-g20-between-china-and-turkey-300179137.html