Mexican President Enrique Pena Nieto (2nd from Right), accompanied by Jack Ma (2nd from Left), founder and chairman of Chinese e-commerce giant Alibaba, pays a visit to Alibaba headquarters in Hangzhou, east China’s Zhejiang Province, on September 6, 2017. [Photo: ifeng.com]

Mexican President Enrique Pena Nieto says China and Mexico have tremendous cooperation potential in the e-commerce sector.

He made the comment during his visit to Alibaba headquarters in Hangzhou.

Pena Nieto came to Hangzhou from Xiamen, where he attended the Dialogue of Emerging Markets and Developing Countries.

He said many small and medium-sized firms have benefited from Alibaba's e-commerce platform and he expressed hope that more companies in Mexico could cooperate with Chinese e-commerce companies in the future.

Jack Ma, Alibaba's founder and chairman, said more than 200,000 Mexican companies have registered on Alibaba's various platforms.

He said his company will help small businesses and young entrepreneurs in Mexico in the near future.

During this visit, Mexico signed a memorandum of understanding with Alibaba to create more business opportunities for Mexican companies.