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Apart from helping Africa's growing middle class to bypass the traditional, often more costly, retail channels, the e-commerce platforms are also making it possible for African producers to reduce many of the barriers to access markets around the world. This is crucial for Africa as it seeks to embark on a journey toward industrialization at a time when other regions already have extensive reach and presence in the world markets. E-commerce thus acts as a leveler for emerging African producers and industrialists looking to find foreign markets.

Another national daily, The Hindu, reported Modi as hoping to hold such a meeting in India in 2019.

Ant Financial was spun off from Alibaba and obtained business independence in 2014, making it a powerful financial player.

Any hotpot restaurant is only as good as its broth. Ao Ba Nian has taken this maxim and made it a focal point by using ingredients, such as the bones from pork and chicken and wild mushrooms that are slowly simmered for more than eight hours to release every ounce of their flavors.

Another 50 billion yuan will be used for financial cooperation projects, bringing the total to 250 billion yuan.