Connecting Global Markets – EU-China Industry Cooperation
Following the approval of the EMOTA Board, on 24 October 2016, EMOTA signed a memorandum of understanding with the Overseas Cooperation and Development Commission of the Chinese Electronic Commerce Association. Operating as a framework agreement, the memorandum of understanding facilitates cooperation and discussions between the two parties on a number of issues and matters of common interest, such as knowledge, information, expertise and best practice sharing.
Upon signing the agreement, EMOTA’s President, Jörgen Bödmar said: “EMOTA feels honoured to enter into a formal cooperation agreement with the Chinese Electronic Commerce Association. China is a global economic powerhouse and home to some of the most successful e-commerce companies in the world. EU-Chinese cooperation on e-commerce is vital, especially given the global nature of electronic commerce. We look forward to working with the Chinese Electronic Commerce Association and to the fruitful exchanges to come.
Vice Secretary General of the Overseas Cooperation and Development of the Chinese Electronic Commerce Association, Bao Xiao Xiong, said: “Europe is an important market for the Chinese e-commerce industry. Cooperating with our European counterpart on issues of common interest, as well exchanging best practices can only benefit companies engaged in electronic commerce, in both Europe and China. We look forward to working with EMOTA and exchanging our expertise and experiences”.