Execs see conference as a springboard for success

Q3: What do you think of the future for China's internet sector? How will your company better tap into the booming industry and its increasing integration with AI?

Glenn Fogel: China has come into its own as an innovator, and I believe it will continue to be a powerhouse for tech in the years to come. The pace of innovation is exceptional here, and the intense competition means: if you are not at the forefront of technology In China, you will be gone very soon.

Technology is evolving every day, and with AI advancing in all areas, we need to get ahead of the societal challenges that come with these changes; we need to ensure the future digital world creates efficiencies and opportunities across markets, for everyone, all over the world. As the home to the largest number of unicorn startups, China is at the frontier of innovation and tech. There will be thought-provoking conversations that will serve as foundations towards fashioning collaborative solutions for many complicated issues, and I look forward to those discussions.

Mi Wenjuan: The speed of development and innovation of China's internet is unparalleled to many other countries. From a big internet nation, to an internet superpower, the world is witnessing the innovative spirit and global responsibility of China as a rising "internet superpower." We are proud to be involved in such a rise, and to use internet technology to bring the best educational resources to children around the world.

Through the empowerment of the internet and AI technology, we dream of building an online school and turning the world into a big classroom. Wherever they might be, every child should have the opportunity to explore, imagine and create. Through a personalized learning experience, they can be the best version of themselves, they can embrace the world and embrace the future.

Sylvain Laurent: The open mindset of the Chinese government, the full array of industries and the huge market potential makes us believe that China's Internet industry can change and innovate across many areas and become a world leader.

Though DassaultSystèmes is mainly engaged with digital transformation of industries, it always follows cutting-edge information technologies, and is integrating emerging technologies like, big data, cloud computing, additive manufacturing, AI and IoT, to explore how the upgrade and transformation of industry can be better enabled. We will demonstrate some of these achievements in the Internet Conference.

Dong Qi: The development of the internet in China will deepen for sure, and I expect the process to change the nature of work. The internet has changed the way people consume, but reforms in the modes of production still has large room for exploration. For instance, there has not been revolutionary changes in vehicles over the past decade, but such changes can be expected in the future.

As for the financial industry, the trend for technologies, including AI technologies, to empower China's financial system is sure to deepen. The process grants some fintech companies the opportunity to apply their differentiated and in-depth technologies on large scales, by cooperating with traditional financial institutions. Particularly, the role of FinUp Fintech Group in the process is to exert our advantages to equip traditional financial institutions with higher abilities, such as providing more convenience for consumers and optimizing cost structures. Different from giant internet companies, our company focuses on niche but critical areas, such as financing services for medical cosmetics consumption.

Raymond Tang: First, the rapid pace of development of the Chinese internet industry over the past five years is beyond imagination. In the future, I suppose that China's position in the global internet market will also be greatly enhanced. Currently, the top 20 internet companies by market value or valuation are all held by China and the United States, including 9 in China and 11 in the United States. 5 years ago, China only had 2 while USA had 9. It's clear that the gap between China and the United States is getting narrower in the global internet landscape.

Second, China's internet market, environment and industry landscape have formed a "Chinese unique" growth path, that accounts for differences in user behavior. This also confirms the path of localization that YinxiangBiji must take to achieve independent restructuring, grasp the autonomy, and prioritize the needs of Chinese users first.

Third, Internet users worldwide and in China are all talking about "lifelong learning" as a trend. The internet and lifelong learning have gradually reached a deep integration.

YinxiangBiji will also leverage on opportunities brought by the convergence of the internet and AI, and use advanced technologies to create more efficient and convenient products and services for users.

William Yu :I think China's internet will see even greater development, with double-digit growth each year, and internet adaptation in various fields — such as industry — will certainly see a boom, aside from already booming internet use in the consumption sector.

With the 90s and 00s generations (those born in a time between 1990 and 2010) growing to be society's major work force, there will certainly be more products to meet their growing need. It will be a huge market.

Smart manufacturing has already become a very important sector, and I'm confident about its future development. Our company is very interested in being a player.

Lou Xiang: Certainly it is (booming) and will grow to be an even more promising sector. I think right now China is leading the world in terms of using the internet for the consumption sector. Going forward, I think there will be a boom in China's industrial internet sector.

We currently have a project in Brunei and are seeking deeper cooperation opportunities in the domestic and overseas markets. China's call for "creating a digital world of mutual trust and collective governance towards a community with a shared future in cyberspace", and its efforts toward achieving the goal, will certainly create great opportunities for us.