Xi's speech: Reactions from the ground

 

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.