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China Merchants Port develops intelligent port

China’s port operator China Merchants Port, Alibaba and financial service provider Ant Group have signed a strategic cooperation frame agreement to jointly promote port + internet platform.

According to the agreement, the three parties will promote deeper integration of port industry and digital technology and develop an open platform for intelligent port.

The cooperation will establish an alliance for trade logistics and the financial sector.

Integrating the port industry resources of China Merchants Port, the network platform resources of Alibaba and financial services of Ant will help to reduce information obstacle in trade and port logistics industry chain.