Alibaba Group opens China factory in new manufacturing initiative

Alibaba Group Holding Ltd announced a new business initiative for smart manufacturing on Wednesday called Xunxi Digital Technology Company, as part of which it is opening a pilot factory in the Chinese city of Hangzhou.

FILE PHOTO: A logo of Alibaba Group is seen at the World Internet Conference in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly SongSHANGHAI: Alibaba Group Holding Ltd announced a new business initiative for smart manufacturing on Wednesday called Xunxi Digital Technology Company, as part of which it is opening a pilot factory in the Chinese city of Hangzhou.

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