By Chen Xingxing
On September 23, Chinese President Xi Jinping met with CEOs attending the 8th Sino-US Internet Industry Forum in Seattle, including Alibaba ’s Jack Ma, Tencent’s “Pony” Ma Huateng, Apple’s Tim Cook and Facebook’s Mark Zuckerberg. After the meeting, Xi posed with these IT tycoons for a group photo, four businessmen who some netizens estimated run companies worth over $2.5 trillion.
Zuckerberg later posted a picture taken with President Xi on Facebook, saying “On a personal note, this was the first time I’ve ever spoken with a world leader entirely in a foreign language. I consider that a meaningful personal milestone.”
The forum is regarded as a bridge that connects top Web companies from each country, who are eager to conduct dialogue and exchange. Seeking win-win cooperation while reserving differences is in line with the common interests of both sides.
Ralph Haupter, Microsoft Corporate Vice President and CEO of the Greater China Region, noted how companies or individuals with different background and culture can work together to create a brand-new innovations that might change the world.
Although China and the US differ from each other in the development of Internet, the duo do share some common tasks in innovation, which require them to respect each other and seek common ground and win-win cooperation while putting aside differences.
On the one hand, the US takes the lead in the development of the industry. On the other hand, China boasts of the largest Web market and also serves as a haven for the development many US hi-tech companies. Tremendous business opportunities are being created by the 600 million netizens in China.
Statistics indicate that more than 2,500 US IT companies have invested in China, earning more profits than their income at home in the US.
Meanwhile, Lenovo, a global company based in China, is the epitome of win-win cooperation between China and the US. During the past 10 years, Lenovo has invested more than $7 billion in the US, which has helped itself grow and has contributed a lot the US economy as well.
Dubbed “Copy to China,” China’s Internet industry used to be called a copycat of its US counterpart. After China sharpens its IT technology edge, the two have entered a parallel stage of development.
China has dwarfed the US in aspects including mobile Internet and Web services. Some companies in the Silicon Valley even learn from their peers in China in developing their mobile Internet.
For example, WeChat, which is a brainchild of China’s mobile Internet industry, has attracted more and more users in the US, India and Mexico.
Ralph Haupter noted that China nowadays not only provides a huge market but also serves an engine for creation and innovation, which would affect and shape the world as a whole in the future. (The Daily Mail – People’s Daily news exchange item)
Sep 28, 2016 0
Special coverage on China's Two Party Sessions by The Daily Mail - People's Daily