President Xi Jinping addresses the opening of the Second World Internet Conference in Wuzhen, Zhejiang province, on Wednesday. WU ZHIYI/CHINA DAILY
Business leaders, officials, and researchers responded to President Xi Jinping's speech during the World Internet Conference on Wednesday.
HP executive impressed by Xi's willingness to develop the Web
"What impressed me most is that President Xi Jinping came out to set the stage to promote the development of the Internet in China," said Wing Kin Cheung, global vice president of Hewlett-Packard Co.
President Xi really emphasized the cross-border collaboration while at the same time respecting local cultures and differences, said Cheung.
"We want to better serve the public sector and government as well as common citizens in China", said Cheung.
Xi's five points positive for Internet: CEO of Breyer Capital
Jim Breyer, founder and CEO of Breyer Capital, said the five points in the high-level strategy are very positive for the evolution of the Internet. He was amazed at the long term strategic view President Xi Jinping has articulated.
When it comes to the Internet and technology, in the United States and elsewhere, we don't often see leaders articulate a 10 to 20 year plan, said Breyer.
For me as a long-term venture capitalist and investor for entrepreneurial companies, it's very exciting to think about the Internet 10 years from now and what it means for our entrepreneurial opportunities in China and in the US, said Breyer.
Breyer was very impressed by his long-term view, the articulation of the importance of the Internet and how it touches so many aspects of our societies.
Xi's speech reaffirms China's embrace of technologies as driver for growth: UK expert
President Xi Jinping's speech at the World Internet Conference reaffirmed China's priorities for the transition to the second speed framework of economic growth and the embrace of modern technologies as a driver for the future economic growth of China, said Christopher Bovis, professor of European and International Business Law at University of Hull Business School in the UK.
The Internet and information and communications technology (ICT) will play a major role in transitioning the old and traditional economy in China into a modern base of growth, said Bovis.
According to Bovis, the World Internet Conference is important in its objective to bring the themes for regulation of the Internet and the application of ICTs in contemporary markets and sectors.
As such, the Conference represents a forum where Chinese policy makers could gauge the requirements for transnational regulation and control of the Internet and all aspects arising in the respective application of ICTs into individual sectors.
It is also important for being the platform to establish common themes emanating from the Internet such as data protection, encryption and data ownership, social media, freedom of information, communications surveillance, national security and combating crime, cyber crime and terrorism, said Bovis.
Xi's speech underscores Internet's important role: UK expert
Internet is one of the key infrastructure of the global economy and accounts for a big portion of economic growth in mature economies, said Kamel Mellahi, a professor of strategic management at Warwick Business School.
President Xi Jinping's keynote speech at the Second World Conference on Wednesday underscores the important role the Internet is going to play in the future Chinese economy, and gives hints on how China is planning to unleash the potential of the Internet, said Mellahi.
Democracy, transparency key words in Xi's speech: Expert
Democracy and transparency are the keywords in President Xi Jinping's speech, and they are the Internet governance principles to achieve Internet freedom and order, said Zhang Ying, associate dean for China business and relations at Rotterdam School of Management at Erasmus University in the Netherlands.
Along with what Xi emphasizes in this conference: freedom is what order is meant for and order is the foundation for freedom. China has been on the way to Internet governance transformation, but at the same time requests the world to respect and accept its effort, said Zhang.
Democracy means variety and freedom; transparency implies respect and regulation. Xi's speech implies a serious call for a collective discussion on international Internet governance as well as decision-making models for an upgraded international Internet order and regulation, added Zhang.
According to Zhang, the World Internet Conference is very important and especially to bring Internet-related issues such as cyber development and security and collaboration and Internet companies/sectors together at a larger and open international platform to meet and discuss.
The initiation of this conference (since last year) implies China's vision to integrate into international Internet governance for a global audience. The collaboration with a list of key Internet companies to set up this conference indicates China's effort in cyber integration at multilevel platform from a global perspective, said Zhang.
Xi's speech inspiring: Maldives offical
Mohamed Ashmalee, State Minister of Finance and Treasury of Maldives, on Thursday shares his thought on President Xi Jinping's speech addressed at the opening of the Second World Internet Conference.
President Xi's speech is quite inspiring. First of all, he talked about cyber collaboration, coordination, unity and cybersecurity. Maldives and China can work closely on these aspects.
Also, I think every country is unique and different in its own way so it is natural for every country to have some reservations. But still, we have to come to a consensus for global development.
This is the most important way for global integration. Besides, I think the Silk Road initiative can provide the largest potential for China-Maldives collaboration. It offers a platform to share resources.
What Xi mentioned is important: Indian entrepreneur
Gurpreet Singh, Asia president of the Mobile Internet Great Wall Club, said what President Xi Jinping has mentioned is very important after hearing President Xi's speech at the Second World Internet Conference in East China's Wuzhen on Wednesday.
"It's very important that Chinese government takes the initiative as every point he mentioned is very important if you look at the global Internet sector, especially the Internet security and how it's helping the whole world. That is very crucial," said Singh.
"I do see it as China's taking the leadership and helping the whole world to see that we can use the Internet as information to solve things so that they can be better, and protect the security right. I really appreciate President Xi's speech," He added.
Great Wall Club, established in 2008, is aimed at building a mobile Internet cooperation platform with global influence.
Xi's speech shows China bullish on Internet growth: Tonga
A World Internet Conference guest from Tonga said the most interesting part of President Xi's speech is the bright prospect the country looks forward to in 2020.
In his keynote speech at the opening ceremony of the 2nd World Internet Conference, Xi said that it is estimated that by 2020 broadband in China will basically cover all the villages thanks to the strategy, and more people will have access to the Internet.
"If that’s going to happen, it will be a very unique thing for China to accomplish," said Andrew To'imoana, director for Information Department of Tonga, who is attending the World Internet Conference that is being held in Wuzhen, Zhejiang province.
"It’s very unique for the conference to be held here in Wuzhen. You talk about the technology and advancing stuff, while you see a traditional way of living," he said.
Opening, sharing and transparency key for Internet: Jack Ma
Jack Ma, Founder of China's Alibaba Group said it was the first time President Xi Jinping talked about his Internet development and management ideas in such a comprehensive way and Xi's remarks are exactly what the whole Internet industry wanted to say.
The Internet is just like water in Wuzhen, interconnected and clear, but needs joint management and governance, Ma said.
For the Internet companies, what they must stick to is their innovation and they shall do it in a brave way, he said.
He said principles of opening, sharing and transparency are the key for joint governance of the Internet and this is a responsibility that shall be shared by both the governments and the individuals.
Cooperation imperative for Internet industry: FireEye's CSO
Gong Fengmin, co-founder of Cyphort and former chief security officer of FireEye, said he was most excited at Xi Jinping's remarks that the cooperation is an imperative for the Internet industry to inter-connect, innovate and develop. He said this is particularly true for Internet security industry.
Gong said that China's Internet security industry has sound landscape, with trade leaders such as Hillstone and 360 doing well. But it should be kept in mind that no single enterprise can handle everything, so cooperation is inevitable for the industry, which is in line with Xi's remarks.
Didi's CEO praises Xi's 'sharing economy' speech
Cheng Wei, chief executive officer of Didi Kuaidi, China's largest car-on-demand service provider, said he is excited to find the term "sharing economy" was mentioned by President Xi Jinping in his keynote speech at the Second World Internet Conference in East China's Wuzhen on Wednesday.
"President Xi said at the opening ceremony that sharing economy and Internet-enabled innovation will be highly supported and promoted," said Cheng.
Cheng said Didi is a typical example of how sharing economy can thrive in China. According to him, the company, which was founded in 2012 with an initial investment of 800,000 yuan ($123,760), has grown into the largest mobile-based transportation platform in the world with an estimated value of 100 billion yuan.
Youku to promote Chinese culture worldwide: CEO
Youku Tudou Inc, the Chinese online streaming site, will take advantage of Internet platform to let people better know Chinese culture by sharing stories filled with happiness and wisdom in China, said its CEO Gu Yongqiang after hearing President Xi Jinping's speech.
Gu said that in response to Xi's statement to "build an online platform to exchange different cultures and promote the exchanges among people around the world" at the Second World Internet Conference in East China's Wuzhen on Wednesday.
Since Internet plays an important role in spreading culture, Youku Tudou Inc will develop more channels to accelerate the spread of online culture and promote the development of human civilization, said Gu.
"In the era of Internet plus full of innovation, I believe we can tell good China stories and our company will become world-class to showcase a more beautiful China," said Gu, "though the company is just 10 years old."
Youku Tudou Inc is investing 10 billion yuan ($1.6 billion) to stream more and better user-generated content over the next three years.
Xi's speech inspirational: Sun Taoran
Sun Taoran, president of offline payment solution Lakala, said on Wednesday he was impressed by President Xi Jinping's speech at the World Internet Conference.
"I was impressed by two parts of the speech. One was about his comments on Internet security. I think security is particularly important in online finance. There has to be a balance. When we try something new, there also needs to be risk management. The second part was about connectivity of Internet. Internet is supposed to connect people for the common good. It's the people who should be benefit from the Internet age, " said Sun.
"It was definitely an inspirational speech. It means a lot to the dotcom industry for three reason. First, at the age when IT industry changes everything, new tech makes it possible for online financing to do what traditional financing cannot do. Moreover, information technology only makes sense in China when 1.3 billion Chinese people can benefit from it. Online financing is helping with it, using technology for bigger good. Third, the Internet Plus initiative will make online financing industry's development is truly customer-friendly."
China determined to use Internet to become more open: Researcher
The determination of China to use Internet to become more open is unquestionable, said Wu Jiangang, a researcher from CEIBS Lujiazui International Finance Research Center.
Here's what Wu said after President Xi Jinping's speech at the opening ceremony of the 2nd World Internet Conference, in Wuzhen, Zhejiang province, on Wednesday.
Openness and sharing is in the gene of Internet. China is using Internet to promote a more modern economy, a more open society and a more enlightened politics.
Though China is now in a better situation, with a positive outlook, it still needs to be cautious and better run in small steps.
On the World Internet Conference, Chinese President Xi Jinping proposed that states around the world should strengthen communication, expand consensus, deepen cooperation and work together to build a common destiny in cyberspace. Internet essentially belongs to all mankind.
China large-scale application of Internet is not only bringing more business ideas，more cheaper technological innovations and cheaper technological applications but also management experience, which is a welcome and happy thing.
Xi's speech warms integrated circuit industry: Xu Jinghong
It can be told from President Xi Jinping's speech that the government has made integrated circuit industry one of the instrumental tech sectors, said Xu Jinghong, president of Tsinghua Holdings.
Integrated circuit technology lies in the core of cyberspace infrastructure and the establishment of different online platforms, Xu said.
"We want to make a clean and safe cyber world. We want to make better computing tech. Only through integrated circuit sector can all of these happen," he said.
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