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POSTED BY: lxd123456 on 08/10/2018 00:01:42


Alibaba Group Holding Ltd must pay more attention to product quality and step up the fight against fake goods sold online Zach Cunningham Jersey , China's product quality watchdog chief told company executive chairman Jack Ma, according to a statement on Tuesday.

The proliferation of shoddy goods online was a threat to China's reputation, and the Communist Party and government took the issue seriously, Zhi Shuping, director-general of the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), said in the meeting on Monday.

The comments follow a flap last month when the issue of fakes and other illegal business on e-commerce titan Alibaba's platforms came under scrutiny in critical reports from another government regulator Deshaun Watson Jersey , the State Administration for Industry and Commerce (SAIC).

"Quality is the lifeline of the healthy development of e-commerce," a Chinese-language statement posted on the AQSIQ website quoted Zhi as saying in the meeting.

"Regarding the image of Chinese businesses, Chinese goods and made-in-China, Alibaba - as a leading global e-commerce brand - should take itself more seriously, put more emphasis on quality, view quality as its lifeline, create a good image and make big contributions."

Zhi also approved of Alibaba's efforts in seeking support from various parties to combat fakes Houston Texans Hats , the statement said.

For his part, Ma told Zhi that problems with fakes and poor quality goods still existed despite efforts to crack down on the issue, and said he would work with businesses, the government and society to fight fakes, the statement said.

An Alibaba spokeswoman said the company was aware of the report and declined further comment.

In response to the SAIC reports last month, Ma and the head of that body later met to discuss combating fakes, adopting a conciliatory tone after a public row between Alibaba and the regulator. The SAIC also retracted its earlier "white paper" condemning Alibaba's business practices.

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HONG KONG Customized Texans Jersey , Sept. 20 (Xinhua) -- The Hong Kong Monetary Authority (HKMA) signed an agreement with International Finance Corporation (IFC), a member of the World Bank Group, on Sept. 19, local time in London, committing one billion U.S. dollars to the innovative Managed Co-lending Portfolio Program (MCPP) debt mobilization platform for emerging markets.

According to the HKMA, the authority will support IFC in financing projects across more than 100 countries, including in infrastructure Cheap Houston Texans Jerseys , telecom, manufacturing, agribusiness and services.

"MCPP is an essential part of IFC's business development in emerging markets. This new partnership with the HKMA signifies the expansion of IFC's base of important long-term, strategic partners," said the IFC Vice President, Dimitris Tsitsiragos, at the signing ceremony.

"With the collaborative efforts of two institutions Tyler Ervin Texans Jersey , we look forward to further realizing the growth potential of emerging markets in a sustainable manner, and the HKMA's participation in MCPP will allow IFC to provide more financing to projects, benefiting millions of people by creating jobs, raising living standards, and improving connectivity," Tsitsiragos said.

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