The Chairman of Dmall Zhang Wenzhong Attended CIFTIS and Delivered a Speech

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The Chairman of Dmall Zhang Wenzhong Attended CIFTIS and Delivered a Speech

February 02
20:15 2021

2020 China International Fair for Trade in Services (CIFTIS) is being held in Beijing. In the afternoon of Sep. 5, the opening ceremony of China E-commerce Conference, an important forum, was formally held. On the opening ceremony & gist forum, Doctor Zhang Wenzhong, the chairman of Dmall and founder of Wumart Group, attended the ceremony as a representative of the digital economy field and delivered a speech titled “Embrace the New Era of Digitalized Real Economy”.


Zhang Wenzhong shared his over 20 years of industry experience and prospect. The gap between e-commerce and the real economy has not been so big today. Consumers do not treat online and offline separately. The concept of e-commerce has changed too. Real retail enterprises also provide door-to-door services via APP. This is a new era for digital transformation of the real economy. Tremendous reform is in front of the traditional industry. So, the traditional industry needs to seek for sustainable development with innovation to realize digitalization, networking and intelligence.


Zhang Wenzhong pointed out that the total consumer market size in China has been approaching America, injecting new power into economic development. Under the impact of the COVID-19, the e-commerce has realized further development, the door-to-door demand has been more vigorous, and the door-to-door service capacity of the real economy is being improved too. The foundation of Dmall is to inject more energy into digitalized entity retail. At present, Dmall has cooperated with more than 120 chain supermarkets, covering more than 13,000 stores and realizing more than 180 million Dmall App users and MAU of 19 million.

The whole chain and each link of retail are carrying out thorough and subversive innovation and are decomposed by Dmall into minimized feasible products in a closed-loop way through standardization and modularization. Online and offline problems are solved in a system with digitalized theories, methods and technologies. For example, the supply chain is reshaped with digitalization, and the traditional retail supply chain is optimized to realize inclusive development. At last, Zhang Wenzhong said that the new era of digitalization would bring an infinite development space.

CIFTIS is committed to establishing a comprehensive information service platform covering exhibition, international forums and trade negotiation for global service trades and has become the largest comprehensive exhibition in the global service trade field as well as an important window for globalization of the service industry in China.

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