GUIYANG, China, Sept. 22, 2017 /PRNewswire/ -- China's leading commercial giant, Suning
Holdings Group ("Suning" or "the Group"), owner of Suning Commerce
Group, a new member of the Fortune Global 500, joined with 14 other
leading e-commerce players in China at the Chinese government's National
E-commerce Rural Poverty Reduction Forum ("the Forum") where the
Group's Chairman, Zhang Jindong, announced new measures that all
companies who attended the Forum would take, including the
deployment of advanced technological practices through new
e-commerce initiatives and the promotion of the development of
agriculture as a way to narrow the urban-rural gap and improve the
quality of life of farmers in China.
In addition to increasing the overall level of fulfilling the
enterprise social value, Suning will help people in rural areas
leverage the power of its leading e-commerce platform, Suning.com,
empowering them to open more businesses, creating jobs and
increasing economic activity; developing logistical chains in
undeveloped regions, allowing more people to access goods and
services; as well as providing job and business skills training,
among other efforts.
"Poverty reduction is a tough fight. The key for a leading
retail company who plays important role in e-commerce like Suning
is to provide data analysis and logistical support for the online
sales of the products and services that people in undeveloped areas
produce, and to reduce their operational costs as much as
possible," Zhang said at the Forum. "Our goal is to promote the
all-round development of different regions in China through the power of e-commerce."
Suning already has over 2,000 offline stores and 400 online
stores opened for rural markets, creating jobs for more than 10,000
young people who have returned from the large cities, driving
economic growth and leading to the creation of many small
businesses. Zhang added that in the last month Suning's rural
e-commerce has covered 42 rural counties with its app and O2O
supply chain management, while has already seen 137 percent growth
in sales of farm produce to over 3 million
US dollars. In the Review and Prospects Report of 2016
China's Domestic Trade Development which is recently released by
the Ministry of Commerce of China,
Suning's achievement in rural e-commerce practices received high
recognition from the government.
The Forum was attended by Chinese Vice-Premier Wang Yang, who praised the efforts of Suning and
all of the other companies and stressed that e-commerce enterprises
are a key engine for economic and social growth, and can precisely
target efforts that will help to narrow the regional gap and
empower the people in depressed regions.
About Suning Holdings Group
Founded in 1990, Suning Holdings Group, through its
subsidiaries, is a market leader across six industries: retail,
real estate, media and entertainment, investment, sports, and
financial services. Two of Suning's subsidiaries are publicly
listed, Suning Commerce Group and LAOX Japan. In 2016 Suning ranked
the second-largest Chinese non-state owned enterprise. With online
and offline retail platforms serving a market of around 280 million
loyal consumers, Suning is providing comprehensive services for
consumers, as well as reliable and efficient support to overseas
companies that are just entering the Chinese market.
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SOURCE Suning holdings group