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|ALIBABA Group yesterday signed a memorandum of understanding with the Mexican government to help their small and medium-sized enterprises reach the world’s largest consumer market.
Alibaba will work closely with the Mexican Ministry of Economy to help their SMEs to expand into international markets Isaac Seumalo Limited Jersey , in particular China. China’s e-commerce giant will offer a tailored program for Mexican SMEs to benefit from the company’s B2B trading platform, Alibaba.
The signing demonstrates Alibaba’s interest in and commitment to facilitating the entry of Mexican SMEs into the large Chinese consumer market Jordan Hicks Limited Jersey , observers said.
Alibaba will share best practices in the operation of its logistics and payment platforms to enable Mexican companies to bolster their cross-border e-commerce operations, as well as draw Chinese tourists to Mexico.
The company will offer specialized training on key areas including e-commerce Nelson Agholor Limited Jersey , digital payments, logistics and analytics that drive consumer insight Mack Hollins Limited Jersey , product innovation and rural development in China.
NAIROBI, Sept. 15 (Xinhua) -- Kenya on Friday revised its 2017 economic growth forecast downwards to 5.5 percent due to prevailing political uncertainty caused by presidential polls rerun.
Cabinet Secretary in the National Treasury Henry Rotich told journalists in Nairobi that the prolonged electioneering period caused by nullification of the Aug. 8 presidential polls by the Supreme Court is negatively affecting the business climate.
"Investors are adopting a wait-and-see approach towards new projects and this has forced the government to revise downwards its economic growth forecast for 2017 Donnel Pumphrey Limited Jersey ," Rotich said during the launch of the Sector Working Groups for the Preparation of the Financial Year 20182019 and the Medium Term Budget.
Kenya registered a 4.7 percent economic growth for the first quarter of 2017.
"This growth was also lower than expected and can be attributed to the drought that affected agricultural sector which is the mainstay of the economy," he said.
Rotich said that the government is waiting for growth figures for second quarter of 2017 in order to make an accurate forecast for the entire 2017 Gross Domestic Product growth.
The National Treasury is also planning to launch austerity measures in order to cut wasteful spending.
"The areas to be targeted will include non-essential spending such as foreign travel and hospitality Rasul Douglas Limited Jersey ," he added.
"The savings in public expenditure will be used to fund rerun of the presidential polls slated for Oct. 17 as well as drought mitigating efforts," he noted.
The Independent Electoral and Boundaries Commission has requested approximately 125 million U.S. dollars to conduct the fresh polls.
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PARIS， Nov. 3 (Xinhua) -- No. 5 seed Kei Nishikori suffered a last-16 exit at the Paris Masters here on Thursday despite a flying start against local favorite Jo-Wilfried Tsonga.
The top Asian netman from Japan opened the match in style， leading for the majority of the third-round encounter and nailing down the first set 6-0 in just 22 minutes.
The Frenchman Tsonga， however， rebounded strongly by grabbing the break of serve in the second set to level the match.
Nishikori broke Tsonga at 4-3 in the deciding third set but the latter showed remarkable fighting spirit to save two match points and prevail 0-6， 6-3， 7-6 (3).
"We are here to give our best， so that first set didn't go well for me. I made double faults， things like that， but it was because I want to do well，" Tsonga said. "But little by little， I was able to get settled. My confidence came back and I was able to play better."
The 11th-seeded Frenchman will next play fourth seed Milos Raonic， who overcame No. 16 seed Pablo Cuevas of Uruguay earlier in the day， 4-6， 6-1， 6-2.
Tsonga also keeps his hopes alive of qualifying for the ATP World Tour Finals alongside Austrian Dominic Thiem and Czech Tomas Berdych.
Earlier on Thursday， Marin Cilic claimed a straight-sets win over David Goffin to lock down a London berth， leaving just one spot up for grabs.
The world No. 10 Croatian， who will lead his nation against Argentina in the Davis Cup final in Zagreb at the end of this month， needed six match points before seeing off the Belgian 6-3， 7-6 (9).
"That was the goal of the season for me， to reach the Tour finals in London，" said the Croatian after his last 16 win.
"Obviously top 8 in the world， that's something all the players in the world are wishing for. It's one of the best tournaments in the world， for sure， to battle it out with best ones in the world in that kind of a format，" he added.
Cilic joined field for the ATP year-end championships alongside Novak Djokovic， Andy Murray， Stan Wawrinka， Kei Nishikori， Milos Raonic and Gael Monfils.
The quest for the No. 1 spot continues between Novak Djokovic and Andy Murray， as they beat their respective opponents to reach the quarterfinals in Paris.
Unlike on Wednesday， when the top-seeded Serb had an easier day， it was Murray's turn on Thursday to score a comfortable win， dismantling Lucas Pouille 6-3， 6-0 in 72 minutes.
Djokovic， on the other hand， had to stay on the court for almost 2 and a half hours to defeat Grigor Dimitrov， who won the opening set but fell in the end 4-6， 6-2， 6-3.
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