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On August 12, the e-commerce platform 1688 announced the launch of a new initiative called 'Efficiency Improvement and Revenue Increase', designed specifically for source manufacturers in industrial belts to aid in their business growth and efficiency enhancement. As part of this initiative, 1688 will offer merchants a free 'AI Business Assistant' service to help new merchants ensure a stable order volume, number of customers, and reasonable profit margins.

Zhang Kuo, President of Alibaba International Station, announced the B2B AI procurement search engine in Paris, showcasing the latest upgrade of the AI Business Assistant. The upgrade includes a streamlined product release function that reduces the time for merchants to post products to 60 seconds, and an AI automatic reception service that responds to overseas customers in real-time, enhancing the secondary response rate by about 40%. AI technology significantly lowers the threshold for the foreign trade industry, with over 30,000 SMEs currently using the AI Business Assistant, leading to a 37% increase in product exposure and a 50% improvement in payment conversion rates.

Alibaba International has launched an AI Business Assistant to help foreign trade merchants improve operational efficiency. The assistant utilizes AI technology to optimize product titles, images, and videos, enhancing conversion rates. The intelligent product-launching feature accurately targets keywords to capture business opportunities and boost operational efficiency. The intelligent reception feature generates buyer labels and quotes based on buyer procurement preferences. It also provides intelligent analysis to interpret market opportunities, offering market conclusions and business suggestions.