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On December 1st, Alibaba's 1688 platform, renowned for its direct-from-factory offerings, officially launched the 'Sourcing China' supply chain initiative. Spearheaded by 1688's consumer business division, this initiative initially sets its sights on young white-collar professionals, stay-at-home mothers, and university students residing in first- and second-tier cities. As stated by the head of 1688's consumer business, the platform will meticulously curate a selection of top-tier factories from a pool of over a million source manufacturers. These factories will be chosen based on their exceptional production capabilities, robust quality control measures, and inherent cluster advantages, with the aim of collaboratively developing innovative new products.
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