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Juwai participates in China’s Boao Forum for Asia

Juwai Co-CEO Andrew Taylor took to the stage at this year’s “Boao Forum for Asia – Global E-Commerce Leaders Summit 2015” in China’s Silicon Valley, sharing insights on China and the internet evolution sweeping the world.

This closed door forum held in Hangzhou gathers around 20+ of China’s E-commerce leaders, heads of China’s e-commerce giants, government heads, and scholars to exchange dialogue about internet issues impacting the current and future economy and society.

Major themes this year included cross border e-commerce as well as offline to online commerce, for which logistics, payments and regulatory topics also played a big supporting role.

Taylor spoke at two sessions:.

• Session 1 (28 October): Closed-Door Meeting – “Exploration and Innovation of E-Commerce Policies”
• Session 2 (29 October): Internet Plus – “Business Opportunities and Realisation for E-Commerce Companies"

China is the next growth phase

The internet of today has transformed virtually every industry beyond expectation, notes Taylor, and China is a tremendous opportunity that promises to be the next real growth phase.

 “You’re going to have suppliers and customers from around the world, not just in China,” says Taylor, “And that’s a market that no-one’s ever seen before, particularly from this country."

“What I really like is that China’s internet landscape is far more advanced and far more sophisticated than the West. They just happen to have a few big names, and that’s about it. But there’s an equal amount of big names just within one country here," said Taylor.

Boao Forum for Asia

A non-profit and non-governmental organisation, the Boao Forum for Asia (BFA) – or 博鳌亚洲论坛 (Bó'áo Yàzhōu Lùntán) in Chinese – aims to foster and deepen economic exchange, coordination, and cooperation within Asia, as well as between Asia and other parts of the world.

Today, the BFA has evolved into a high-end dialogue platform for governments, enterprises, experts, and scholars to hold joint discourses on issues regarding the economy, society, environment, and more.