Tsai Eng-Meng, CEO, executive director and chairman of Want Want Group, speaks at a forum on the sideline of the Second World Internet Conference held in Wuzhen, East China's Zhejiang province on Dec 16, 2015. [Photo/Zjol.com.cn]
Whether the Internet is a threat or an opportunity has long been a hot topic among business leaders, said Tsai Eng-Meng, CEO, executive director and chairman of Want Want Group, a Taiwan-based food manufacturer, at the Cross-Straits and Hong Kong, Macao Internet Development Forum, on Dec 16.
He said that Chinese enterprises have developed industrial models that may set examples for the western countries. But he also said not enough attention was paid to the industry over the past few years.
China must play an active role in setting the rules of Internet industry and keep creating business opportunities to make money globally, said Tsai at the forum as part of the second World Internet Conference held in Wuzhen, Zhejiang province.
The WIC, which runs through Friday, has brought together more than 2,000 state leaders, government officials, business leaders, Internet titans, and experts from more than 120 countries, with 10 forums that allow for an exchange of views on everything from Internet culture and communications, to innovation and development, to digital economic cooperation, the Internet plus, and the digital Silk Road, to cyber security and cyberspace governance.
China had 668 million Internet users by July of 2015, the largest number of any country in the world, covering all of its cities and towns, and 93.5 percent of villages.
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