Victoria has a new strategy to help local businesses tap into new markets in Asia and across the globe.

Video: Alibaba sets up its HQ in Melbourne, Australia.

Globally Connected has been designed to better connect local businesses with overseas markets,  boost jobs and strengthen the state’s economy.

Australia and New Zealand Managing Director of Alibaba Group, Maggie Zhou, will act as Victoria’s first Business Ambassador under the new program.

Ms Zhou will encourage business leaders to support trade and better connect Victoria with global opportunities.

Her company now has 529 million mobile monthly active users on its retail marketplaces in China. Ms Zhou’s experience will help Victoria take advantage of the huge Chinese market.

Local companies can now also tap into a new A$1.5 million Asia Gateway Program which will enable small businesses to engage effectively with Asian markets.

The Women in International Business program has also been strengthened to promote new connections and exports.

Victoria has invested more than A$125 million in international offices and trade missions since November 2014 which has seen export rise to almost A$44 billion last year.

For more information on these programs and a copy of Globally Connected:  Victoria’s Trade Statement, visit the Trade website.