Ma Yun'S Speech Excerpt: Three Things Alibaba Will Do In The Future

Lately

The figure appeared frequently in various ministries and commissions.

What parts did he run? Only Ali disclosed to him: SAIC, qqa, SFC.

In February 10th, the SFC invited Alibaba Group Chairman Ma Yun and his team to explain Internet finance.

Ma Yun said that in the next ten years

Three things to do: globalization, the ability to increase cloud computing and big data, and rural strategy.

Alibaba should establish a credit system instead of doing finance, rather than fighting for a job with finance.

The purpose of applying for a financial licence is to embrace regulation and let regulators know what we are doing.

The following is an extract from Ma Yun's speech.

Without China's economic development and the development of the Internet, Alibaba will not be able to get there.

Entrepreneurs are hard to be trained, and entrepreneurs are discovered.

Only by learning the experience of others' failure can we survive. Only when we live can we have hope.

From manufacturing to creation, the use of data, the use of the Internet and the use of services to create services that did not exist yesterday are the future of China's economy.

I believe the core of the future lies in believing in young people.

It is the most difficult to change the success. The reason for Taobao's success is to get young people around twenty years old.

Instead of changing the winner, it's not like spending time changing the person who wants to succeed.

What are you doing for a company? Why do you ask yourself three questions? What do you want, what do you want, what do you give up?

The future is the pfer process from IT to DT, which is the pformation of thought rather than the pformation of technology.

IT is self centred, making oneself stronger and stronger. DT is centered on others and altruism.

DT is a sharing and pparency mechanism.

The great development of the whole society must be learned to share.

The three industrial revolution, the first release is physical fitness, the birth of the factory, the second industrial revolution, the birth of the company, the further release of physical fitness.

In the DT era, the mind and mind were released, and the platform organization was born.

There are ten Internet companies in the world, six in the US and four in China.

China's Internet regulatory level exceeds everyone's imagination.

The reasons for the rapid development of e-commerce in China are: the poor commercial infrastructure, poor credit system, poor commercial system, and the emergence of e-business mode, and become the mainstream immediately.

With the perfection of American business system, e-commerce can only become a supplement.

Internet finance is an important complement to China's finance.

And it's all about its own technology.

Three things Alibaba will do in the future: globalization, the ability to increase cloud computing and big data, and rural strategy.

Alibaba should establish a credit system instead of doing finance, rather than fighting for a job with finance.

The purpose of applying for a financial licence is to embrace regulation and let regulators know what we are doing.

Question: how can we see that Internet Co has no bottom line and no integrity?

Ma Yun: the Internet Co has the bottom line and the exercise.

I think people have 2 kinds of excrement, feces and emotions.

It must be vented. It is the most convenient way to vent emotions through the Internet.

As the saying goes, seven men have evil men, and six have saints.

Good and evil are in our hearts. We must continue to educate and dredge them through the later period. This is a game process. I also have evil and need to go on revising.

That's why I like tai chi.

Including Internet Co, including Alibaba, we have been dredging all the problems, including the previous store, Juhuasuan corruption, which is the initiative of our internal problems, which is why we stressed the need to embrace regulation.

How much responsibility there is, how grieved it is.

Question: why do China's Internet Co all have local area networks? How can BAT be closed to each other?

Ma Yun: only when we know what can not be opened can we really open up.

The future of China must belong to young people, but the foundation of feudal genes in China is too strong. It can not be changed at once. We are changing.

I would have wanted to compete with WeChat, but now I would applaud WeChat.

This kind of competition is a pleasure, and we will lose it in the competition.

Ali Wang Jian: the Internet is the infrastructure for national economic and social development.

Wang Jian, chief technology officer of Alibaba, said in his speech that the success of the Alibaba was due to the belief in the Internet.

The Internet makes all data valuable and relies on computing power.

It is the infrastructure of a country's economic and social development, because this infrastructure allows data to be precipitated at a faster rate and more widely, rather than collected by traditional methods.

Alipay CEO Peng Lei: Ali decides all decisions are not made for money.

Why does Alibaba become the founder of Alibaba? The founder is a teacher: idealism is more important and he hopes others will be better.

At that time, the rights enjoyed by large and medium sized trading enterprises in the face of trade opportunities were very uneven and equal.

I hope to use the Internet method to minimize the information threshold.

Due to its location in Internet e-commerce, Alibaba was destined to be the nearest company from the first day.

If the demand for business is too far away, it is difficult to really cut into the innovative mode of financial nature.

The development of Internet finance is behind the development of Internet technology. It is the development of Internet thought, the development of Internet big data and cloud computing.

Without the ability to serve the billion level consumers and the ability to serve tens of millions of small and medium-sized enterprises, it is hard to say that they are an internet financial company.

The innovation mode of the balance treasure has brought great pressure and trouble to the regulators. Thanks to the SFC's leadership for the support of the balance treasure.

Why do you make the balance treasure? It comes from two problems: 1., users pfer money to Alipay, but they do not earn interest income. Some users query; 2. as Alibaba platform grows larger and larger, the amount of funds rolling every day is also increasing, bringing inconvenient management.

Because the investment channels of Chinese grassroots investors are too single, the balance treasure has been popular after being launched online, which spawned the concept of Internet finance.

From the first day of the Alibaba to the present, no decision is made for the purpose of making money. The first thing that comes to mind is whether we can create value for others.

If you create value for others, you can't make money from it. That's your stupidity.

If others can not develop well and enjoy good things from your products and services, you will not be able to earn money again, and will only get more and more skew.

Internet insurance, Internet financial management, all aspects of demand, like blowout, need strong technical support behind.

Today, many companies growing up on Ali's platform are preparing IPO, which is the power of the Internet.

The sixteen character policy of ant clothing is to innovate safely, to serve entities, to activate finance and to embrace regulation.