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With 242 million people in China expected to shop online in 2013, spending an estimated US$265 billion, China's e-commerce industry is a force no-one can afford to ignore. Jack Ma, the head of Alibaba Group, China's largest e-commerce company, discusses how the sector has been generating grassroots economic opportunities and changing lives in China and beyond, and what the future of e-commerce will be like. ------------------------------------------------------------------------------------------ Check out our playlists for more related videos: Asian Investment Conference: http://www.youtube.com/playlist?list=PLFEB52471209C7056 Entrepreneurs: http://www.youtube.com/playlist?list=PLmDA_ZBNyqlL7uQXld5789CCdvkjpqJlA Subscribe to our channel: http://www.youtube.com/subscription_center?add_user=creditsuissevideos Visit our website for more information: http://www.credit-suisse.com/aic Connect with us on: YouTube: http://www.youtube.com/creditsuissevideos Twitter: http://www.twitter.com/csapac and http://www.twitter.com/creditsuisse Facebook: http://www.facebook.com/creditsuisse Flickr: http://www.flickr.com/creditsuisse Google: https://plus.google.com/+creditsuisse