Alibaba launches new manufacturing Xunxi digital factory in Hangzhou | Malay Mail

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KUALA LUMPUR, Sept 17 — For the first time, Alibaba Group Holding Limited (Alibaba or Alibaba Group) has revealed its New Manufacturing model, the Xunxi Digital Factory (Xunxi). Powered by Alibaba’s cloud computing infrastructure and IoT, the Hangzhou-based factory offers SMEs a digitalised...

Thursday, 17 Sep 2020 05:48 PM MYT

KUALA LUMPUR, Sept 17 — For the first time, Alibaba Group Holding Limited has revealed its New Manufacturing model, the Xunxi Digital Factory . This gives smaller businesses and manufacturers, in particular, the ability to benefit from the digitalisation of China’s over RMB30 trillion manufacturing market through being able to respond better and quicker to customers’ changing needs.

The introduction of New Manufacturing is another milestone in the implementation of Alibaba’s ‘Five New’ strategy which was first introduced by founder Jack Ma in 2016, and comprises New Retail, New Manufacturing, New Finance, New Technology and New Energy.

 

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