CCPIT Shanghai and Alibaba jointly launch new platform

Shanghai, 7th May: This week, the Alibaba Group and CCPIT Shanghai jointly launched a new company, Yunshang Exhibition Company (translated name), with the overall aim of developing an online exhibition platform. CCPIT, the China Council for the Promotion of International Trade, is a governmental body tasked with promoting international trade between Chinese businesses and the rest of the world. CCPIT is major exhibition organiser in China.

The partners hope that the new company can effectively develop an “online exhibition business.” Yunshang Exhibition Company (YEC) will help support the Chinese exhibition industry which has been severely affected by the global COVID-19 outbreak. Alibaba will contribute its expertise in cutting edge technologies including Artificial Intelligence (AI), 5G and big data analysis. While CCPIT will contribute its exhibition organising expertise to the partnership.