Alipay, the e-payment arm of Alibaba Group Holding Ltd, said on Wednesday it is going to set up a fund with partners to invest in technologies that can enhance cybersecurity.
The inevitable way to go, scientists point out, is for government offices to learn to manage things by using technology to process immense real-time data, something known as big data.
A rush by China's big Internet companies into online finance is altering the landscape of China's financial sector in a dramatic and unprecedented way.
The forum "E-Commerce vs Traditional Commerce: Zero-Sum or Win-Win?" is held during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 10, 2014.
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