ECX23 Wraps Up Business Mission To 'Silicon Valley of China' -- Malaysia's SIDEC

KUALA LUMPUR, Dec 14 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (Sidec) announced a successful conclusion of the Selangor E-Commerce Xccelerator Programme 2023 (ECX23) week-long business trip to Hangzhou, China.

The trade mission, which took place from Dec 3 to 9, featured five companies from ECX23, namely Pastels Group Sdn Bhd, Shapee Trading & Distribution (M) Sdn Bhd, Sonobee Ultrasound Sdn Bhd, Nori Malaysia Sdn Bhd, and Big Bath Sdn Bhd.

“This mission was a golden opportunity for these premier Malaysian companies to gain exposure to international e-commerce best practices, scaling techniques, and insights into globally recognised brands.

“They also experienced a deep dive into Hangzhou’s innovative culture and networked with prominent entrepreneurs and business leaders, gaining unique insights and strategies,” said Sidec chief executive officer Yong Kai Ping.

Sidec said it facilitated business matching sessions in Hangzhou, connecting the enterprises with key players in the Chinese e-commerce landscape and ecosystem.

Often referred to as the “Silicon Valley of China”, Hangzhou was selected for this mission due to its status as a major e-commerce hub.

Hangzhou is a focal point for international investments, home to 57 Fortune Global 500 companies, and the birthplace of e-commerce company Alibaba Group.

-- BERNAMA