- The 7th International E-Business Expo, the Zhejiang International Digital 
Trade Fair and the 11th Zhejiang Business Service Fair held concurrently

On September 18, 2020, the 7th International E-Business Expo, the Zhejiang 
International Digital Trade Fair and the 11th Zhejiang Business Service Fair 
opened at the Hangzhou International Expo Center. Co-organized by the Hangzhou 
Municipal People's Government and the Department of Commerce of Zhejiang 
Province, the "New Era of E-Business"-themed expo is taking the lead in the 
global digitalization of trade in response to the new economic landscape.

Relying on the fundamental principles of observing trends, looking for services 
and selecting products, the expo has adopted the "1+8+N" framework, with the 
"1" referring to an exhibition with a focus on these three basic principles, 
which has been a factor in deciding the configuration of the seven exhibition 
areas: new trade, new consumption, digital services, regional e-businesses, 
rural e-businesses, imported goods and domestic goods. "8" refers to eight 
forums, divided into one main forum and seven sub-forums. The "N" stands for a 
number of precisely-targeted, high-end events including small-scale matchmaking 
conferences, salons and closed-door roundtables. 

Hu Wei of the Hangzhou Municipal People's Government said that the expo is 
focused on the current hot topics including discussions on the in-depth 
integration of digital trade and new e-businesses. With the aim of creating a 
leading global e-business expo, the event tapped into Hangzhou's advantageous 
industrial resources and fully demonstrated new breakthroughs in terms of novel 
concepts for e-business and the digital economy. 

Department of Commerce of Zhejiang Province director-general Sheng Qiuping 
said, with the deep application of modern information technologies worldwide 
and the rapid growth of the digital economy, internet-based digital trade is 
thriving as well as accelerating the optimization and integration of 
innovation, industry and value chains worldwide. It is becoming an important 
way in which trade is conducted in the digital era. Zhejiang province has been 
at the forefront of the acceleration of the development of new e-business 
formats while strengthening its position as a center for innovation and 
entrepreneurship for digital service trade by creating a number of global 
leaders in the sector. The province is taking a multi-faceted approach to 
changing its development model, optimizing its economic structure as well as 
accelerating the full digitalization of both its trade and industrial sectors. 

SOURCE  E-Business Expo 2020