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Business / Technology

Intertwining with traditional sectors to be key

(China Daily) Updated: 2015-12-16 13:25

Intertwining with traditional sectors to be key

Cheng Wei, CEO of Didi Kuaidi, China's largest mobile-based car-on-demand service provider. [Photo/IC]

A1 The new Five-Year Plan gives priority to the nurturing of an economy of sharing in the interest of an organic integration between Internet technology and socio-economic development. TMT enterprises are enjoying great opportunities of accelerated growth thanks to surging support from both the policy sphere and the capital market.

Nevertheless, the Internet in itself should be a structure of new inter-relations among things in our life: like WeChat connects people, Didi connects people to cars in a better, more efficient way of resource allocation.

A2 China is now the second pole in global Internet-based innovation where strong policy incentives and surging inflows of capital are fueling tremendous growth in the high-tech area. In this context, the new inspirations from the realm of sharing and interconnection are creating new spaces for collaboration between businesses.

The new tides of mobile technology and the sharing economy will be great drivers to our continuous innovation in places we've never dreamt of going before-and for that we need to make sure we always make adequate investments in technology and talent.

A3 The revolution in ways of life is unfolding before our eyes everyday-how do we clothe ourselves, feed ourselves, shelter ourselves and move ourselves around Every attempt to answer those questions will uncover countless bottlenecks but also unprecedented opportunities. The closer we get to areas of essential human needs, the greater the space for change and innovation, for instance in healthcare and education.

A4 The Internet sphere goes through a serial transformation: from information, to consumption to service. Its application will go ever deeper and broader as technology advances, into every corner of social life, into the very roots of human collective existence, such as healthcare. Cloud- and big data-based transportation and self-driving will no doubt remain a hotbed for technological progress, with profound impacts on urban planning and civil life. Didi will continue to build on its focus on transportation to become a one-stop gateway to comprehensive mobility solutions and ever better user experience.

A5 When you put your life into a new venture, it has to be something that anticipates and rides on the future-to embrace new trends such as mobile tech development or the sharing economy. Each new direction is a gold mine for enterprises that clearly define themselves a segment market. Often when you begin this journey, all you have is courage, instinct and impulse. Cherish that-and enjoy the uncertainties!

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