Alibaba to play key role in planned global platform

B20, a group of private companies that advises the G20, has proposed a global e-commerce platform to bring small and medium-sized enterprises together, and Alibaba will play a key role, said B20 member Pierre Nanterme, CEO of Accenture, the professional services company.

He said a B20 working group was putting together the final draft of the proposal, which will be presented to the G20. China is the current chair of the G20.

"I am a strong believer that e-commerce and e-trade will become the key enabler of global economic growth as well as allowing SMEs to access international trade. That's why in the SME sector, we're proposing the creation of a platform called the E World Trade Platform," Nanterme said.