BEIJING, Oct. 20, 2016 /PRNewswire/ -- DHgate.com founder and CEO Diane Wang was named as Co-Chair of the B20 Germany SMEs Cross-Thematic Group, by B20 Chair Dr. Jurgen Heraeus, in recognition of her expertise, experience and influence in the global realm of SME advocacy. The SME Cross-Thematic Group is responsible for high-level advocacy of recommendations to governments that aim to benefit SMEs from around the globe, and as a deliverable will submit a paper of policy recommendations to G20 Economic Leaders at the G20 Germany.
The B20 is the official business dialogue of the G20, represents the entire G20 business community with a single voice, and is included in the G20 decision making processes. The B20 SME Cross-Thematic Group with work with Ernst and Young as a knowledge partner; the world SME Forum and G20 Young Entrepreneurs Alliance as network partners; and also directly with the WTO and the IMF; potential topics for discussion include trade facilitation and regulations.
Small and medium-sized enterprises (SMEs) comprise the majority of enterprises worldwide. They are an essential contributor of innovation, economic and social progress, as well as job creation. However, at the same time, SMEs face many challenges, common ones which include: access to finance, complicated regulatory business environments, a shortage of skilled labor for the digital economy, and access to markets abroad / integration into global value chains. These concerns have been increasingly acknowledged by many governments, however, further progress is essential for inclusive economic growth. Specific obstacles SMEs face that the B20 SME Cross-Thematic group will focus on are: How can SMEs be further empowered? How can a better participation of SMEs in global value chains be facilitated? How can we pay specific attention to the implementation of SME-friendly regulations and agreements, as well as ensure full access to the financial markets. The G20 can and must contribute to a level-playing field that enables SMEs.
"I am very honored to have been selected to serve as a part of B20 Germany, this is my third year serving on the B20, and we have already seen how cross-border e-commerce has improved the landscape for SMEs (small-and-medium sized enterprises) China, and we are looking forward to advancing this work to other economies" –Diane Wang
DHgate.com is the first to market and the biggest transactional cross-border B2B e-commerce marketplace in China, aiming to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 12 million global buyers from 230 countries and regions, with 1.4 million global sellers offering 40 million products. DHgate.com's business enables buyers to directly access global manufacturers of the world's top brands with rich product selections. DHgate.com is an all-in-one platform with integrated services for international logistics, cross-border payments, internet financing, etc. DHgate.com's US, UK, Spain, and UAE product distribution warehouses allow for 24 hour delivery and convenient product returns & refunds, bringing great convenience to buyers at http://www.dhgate.com.