Fang xingdong: respect the spirit of the Internet initiative cards
December 18-19th 2014 Conference 18th Internet economy held in Beijing, China. In the “global vision, thinker collision” Forum on the theme, said Fang xingdong, Chairman of China Internet laboratory conditions to build the world’s greatest company, companies must respect the spirit of the Internet, respect for the rules of the Internet, active play and more open.
Following is a presentation video:
Hello, everyone. The Internet Magazine’s annual meeting has participated in many times, said China’s Internet market value at that time, said Tencent’s market capitalisation is more than China Telecom, which is a very wonderful thing. But now moves through Ali’s market value has been exceeded.
A larger problem on today, a lot of things is a trend of that person. How can we know that trend, I think it is the key to success a lot of things. In front of the trend, but also a sense of mission.
From this point, the next ten years the two trends is American network space and power transfer from the United States as the center of the first half, entered China as the center of the second half. Transfer of hard power, soft power shift adjustment.
Officially formed in cyberspace: massive online at the same time changes everything, thinking dominated all walks of cyberspace, cyberspace leadership tests in various fields.
We think every year is special, but this year more special than others. Especially NET information leading group was established, XI Jinping proposed networking strategy. And, more recently, about a month, Wuzhen World Internet Conference in Washington, as well as Sino-US dialogue on the Internet. I think Internet is the United States invented, but the first Internet Conference was held in China, many changes had already begun. Ali’s market, when in July I met Jack Ma, he also said the market value of between 200 billion, so that pressure again. But not listed since he can control, has reached 300 billion. Google these days is more than 330 billion. Ma has not yet publicly traded financial stocks. I think the market will overtake Google in the next two years.
A recent visit to Washington, New York, politicians basically all of the global development of the Internet.
Area in cyberspace where we used to be passive, United States what we what, more passive and dull. A recent two-month, showing for the first time, China view, and goes straight to the United States the political center, made his voice, I think it is beginning to challenge the United States monopoly of voice for so many years. My own feelings, the next trend may be faster than everyone thinks.
From 1 billion to $ 5 billion in five years ‘ time, upwards along the curve, we believe that there can be a 150 billion dollar company, now two, and up to 300 billion. If then the curve is derived up, and already we dare not look at the reality, but the reality would really happen. In 2005, the world’s first 1 billion, United States business and our business is an order of magnitude. In 2010, the global Internet to second 1 billion, Chinese and United States enterprises for about 3-5 times gap.
In 2014, the third 1 billion Internet users worldwide, Chinese Internet company and Google is probably the 20% gap, and Apple is probably half of it. That can be expected when the fourth or fifth 1 billion x 1 billion, we’ll exceed it. What do we have to do is not to missed opportunities.
Why China network power can be achieved very quickly. We market IT spending as a share of the global increase of 43%. Again we see the traditional Internet users, we are basically United States 2.5 times, smartphones are essentially United States 3 times. Our mobile Internet users are currently United States 5 times, twice, three times, times when a market than when it is high, it is considered inferior to it, but by a factor of 5 times the gap, one day it will all of a sudden idea. The United States Internet company knows that losing them would be a shame to China, but they lost to China, that they may not be in the future. In United States high-tech companies are mythical, whether it’s Microsoft, Google, the company in the United States after the 88% of Americans probably don’t know that Alibaba.
United States two-thirds from the 90 per cent of the world’s Internet users, now under 10%. Most important, the first 3 billion Internet users is the United States in the first half, of these people are tall. The second half is low-tech, low income, low education levels, literacy, five lines, six-lane urban as well as rural Internet users into the Internet era, the greater significance is the first half of the second half. Half of these rural netizens, merchandise manager for Silicon Valley must not hold, it must have opportunities to Chinese enterprises.
There is society as a whole into the real space and cyberspace, dual-track run times, real-space network, continuously actualization of cyberspace, this brings the whole paradigm change. Especially Alibaba 300 billion dollars, I think it’s a defining moment. Cyberspace is worth more than the real space of China’s largest monopoly, this is just the beginning. In cyberspace, the Government’s lack of leadership and governance capacity is the most important issue facing us. Including traditional thinking, thinking and then the Internet really led a variety of changes are now thinking of cyberspace, mixed in with some thinking, anyone who’s point of view, this is a big problem.
In the traditional biggest difference between real space and cyberspace, and operations in cyberspace and is based on factors outside the right resources and rights of non-dominated the entire network space, but in the real space, in particular the Government, rely on its wholesale right resources it has constructed layer by layer throughout the leadership, so the whole change of thinking is one of the biggest challenges of the future.
Following a game between the two basic conditions and trends. For the time being, United States distrust of China is deeply ingrained, especially we like Governments to lead a lot of things, they are strongly opposed to it. The United States, the existing Internet governance structures which maximize the benefits, this rule does not change is the, that is more in line with its interests. United States Internet governance, departments up and down the ideological line, even the moral high ground is strong enough among departments, who do not know, the original harness, Kowloon, China is, United States Dragon is more water, you don’t know who has the right to speak, it’s hard to single point of breakthrough. In the United States is basically to keep for attack, retreat, and rules of governance based on the technical side becomes the entire rules of governance in cyberspace, but in essence or in the United States as the center of governance. But its hard power has ambition. Many of their ideas are behind, they believe that the Government on the side of cyberspace that related party, many problems there as the General Coordinator, the General Director of the Government is not likely to solve, at this stage we can only outwit, not storm. Our strategy is three-pronged. First and the United States to cooperate and the United States complement, because United States is irreplaceable at the high end, between the interests of both sides into more complex. Second, we need to ally with much of Europe, the United States understands China, the more rational and objective experts, we need to mobilize these forces with the United States for better gaming. Third, China must reinforce our own home, or at least closely together over more than 100 developing countries in the world, public enemy’s widow.
Thank you all.