Excerpts from the speeches of the symposium on promoting the healthy and sustainable development of Internet enterprises

Editor’s note:On the afternoon of January 28, the Central Cyberspace Administration of China, the National Development and Reform Commission, the Ministry of Industry and Information Technology, and the General Administration of Market Regulation jointly held a symposium on promoting the healthy and sustainable development of Internet enterprises. People’s Daily Online, Kuaishou, Meituan, JD.com, Xiaomi and other five Internet companies made speeches at the meeting, saying that they must strengthen their confidence and determination, seize development opportunities, give play to their innovation advantages, improve quality and efficiency in deepening reform, and actively build first-class enterprises. Make due contributions to promoting the construction of a network power, and put forward opinions and suggestions based on the actual situation of enterprises. Excerpts from the speech are as follows.

Ye Zhenzhen (Party Secretary, Chairperson, President of People’s Daily Online):

People’s Daily Online, as the "online People’s Daily", has always regarded publicizing and explaining the Supreme Leader’s thought on socialism with Chinese characteristics in the new era as its top political task, focusing on the main business of content, continuously planning and launching original products, and continuously injecting surging positive energy into the Internet.

People’s Daily Online undertakes the responsibility and mission of connecting the hearts of the party and the hearts of the people. In 2021, in the practice of "I do practical things for the masses", People’s Daily Online’s "leadership message board" widely solicited people’s "urgent and difficult" problems, and more than 800,000 demands were responded to and resolved throughout the year. The cumulative number of users of People’s Daily Online’s PC side, client side, mobile phone People’s Daily Online, and new media accounts has exceeded 733 million. The self-built "content platform" is distributed through seven major brand mobile phones, and the total number of users exceeds 1 billion. People’s Daily Online has newly launched 3 foreign language versions including Italian, and so far there are 12 foreign language versions. At the same time, adhere to innovation-driven, develop content technology, build a "content risk control brain", and provide content security services for many Internet platforms.

Our country’s digital economy is in the ascendant. Strengthening supervision, breaking monopoly, and protecting privacy are not only important measures to promote the healthy and sustainable development of Internet enterprises, but also fully reflect the policy determination to maintain a good ecology and ensure long-term development. In the new year, People’s Daily Online will further enhance its sense of responsibility and mission. It will play a key role in leading, connecting, and standard setting in the key "ecological niche" of the new socialized division of labor in the content industry. It will further accelerate the deep integration and development of media. It will become a leading enterprise in content technology and a new type of mainstream media with strong influence and competitiveness. Strive to make great achievements in financial media reporting breakthroughs and career innovation and development.

In the new stage of development, it is recommended that the relevant central ministries and commissions formulate classified guidance and classified support policies for the development of party media and Internet enterprises, encourage the industry to work together to develop the Internet and information industry, and jointly promote the construction of a powerful network country.

Yuanxi Yang (Kuaishou co-founder and chairperson of the Content Security Committee):

Since the 18th National Congress of the Communist Party of China, the party and the country have attached great importance to the development of the Internet and created a good environment for entrepreneurship and business. Riding the east wind of the times, Kuaishou adheres to the original intention of equality and universal benefit and accelerates the pace of development. At present, Kuaishou serves more than 300 million users every day and strives to create greater social value.

Kuaishou integrates mainstream value into algorithm technology, so that positive energy and high-quality content can accurately reach users and "fly into the homes of ordinary people". Make good use of live broadcast technology to create a new business format for e-commerce, directly connect demand and supply, and release more consumption potential. In the first three quarters of 2021, Kuaishou’s total e-commerce transactions exceeded 400 billion, effectively driving the digital transformation of the real economy. Launched the "Happy Rural Leader Program" to open up a new and efficient path for agricultural products to go up and industrial products to go down, and cumulatively drive millions of people to increase their income. From January to October 2021, more than 420 million agricultural product orders were sent from rural areas to all parts of the country through Kuaishou. Kuaishou attaches great importance to technological innovation, through the understanding of interactive data, to achieve accurate connection between people and content, people and people, empowering the upstream and downstream of the industry, driving the coordinated development of related industries, and extending from consumer Internet to industrial Internet.

The General Secretary of the Supreme Leader attaches great importance to the development of private enterprises and the digital economy, and has repeatedly emphasized adhering to the "two unswerving" and constantly strengthening, improving and expanding our country’s digital economy, which not only injected strong confidence and motivation into the market, but also allowed us to take a reassuring heart and seek development with peace of mind. I believe that under the strong leadership of the party and the government, with the support and guidance of the competent departments, and with the joint cooperation of the industry, Kuaishou will also increase technological investment, strive to build hard core technology, and make new and greater contributions to promoting industrial optimization and upgrading and empowering the real economy.

Mu Rongjun (co-founder of Meituan):

2021 is a year in which Meituan has achieved new development in the standard, contributing to the high-quality development of the life service industry.

Meituan earnestly studied a series of policy requirements on promoting the healthy development of platform economic norms, established committees on company-level content ecology, data security, algorithm governance, privacy compliance, etc., strengthened compliance governance, and did everything possible to promote the healthy development of business. From the first to the third quarter of 2021, the operating income was 129.60 billion yuan, exceeding the level of the whole year in 2020; the annual transaction user 670 million, an increase of 40.1% year-on-year; the number of active merchants 8.30 million, an increase of 28.2% year-on-year. The annual R & D investment exceeded 10 billion, and the company applied for 7,426 invention patents, mainly in the fields of artificial intelligence and unmanned distribution. In terms of fulfilling social responsibility, Meituan absorbed more than 30,000 people in social employment in 2021, and 6,925 fresh students. The role of takeaway riders as a flexible employment reservoir is further revealed. Since 2020, 110 ambulances have been donated to fight the epidemic, and nearly 200 playgrounds have been donated by joint merchants in poverty reduction areas.

Facing the new stage of China’s economic development, Meituan consciously obeys and serves the overall situation of economic and social development, adjusts the strategy to "retail + technology", and accelerates the pace of transformation and development. Meituan will also continue to strengthen technological innovation, improve the level of operation and management, and further play the active role of platform enterprises in six guarantees and six stability.

Regarding the healthy and standardized development of platform enterprises, it is recommended to improve supporting policies to help the development of new business models and encourage enterprises to innovate in science and technology, support enterprises to participate in major national science and technology special projects or action plans, and play a greater role in promoting the core competitiveness of the Internet industry.

Xu Lei (President of JD.com Group):

In 2021, JD.com will provide new growth drivers for more industries and create greater value for society as it continues to grow steadily.

JD.com adheres to the concept of "compliance is development", builds a "four security" compliance system, and maintains steady growth in its business. Revenue in the first three quarters was 675.50 billion yuan, an increase of more than 25% year-on-year. JD.com Logistics is listed on the Hong Kong Stock Exchange, and the number of employees is growing steadily. This year, it will recruit more than 20,000 college graduates. Continue to increase logistics infrastructure building, the logistics network covers all districts and counties, and promotes "24-hour delivery of thousands of counties and towns" to enhance rural service capabilities in counties. Vigorously build cross-border logistics and overseas warehouse networks, and actively integrate into the new development pattern of "double cycle". Poverty alleviation work is fully shifted to helping rural revitalization and common prosperity, and the implementation of the "Penfu Plan" will drive rural areas to achieve 1 trillion output value within three years. Continuously increase investment in technology research and development. Last year, JD.com published more than 200 papers in top international academic conferences, won more than 60 awards in authoritative competitions at home and abroad, and created many "first" contributions in the fields of artificial intelligence, intelligent supply chain, intelligent retail, and intelligent logistics.

In the future, JD.com will strengthen compliance capacity building, adhere to stable employment, stable supply and stable development. It is hoped that the competent authorities will support enterprises to carry out key core technology innovation, participate in national informatization construction, guide enterprises to carry out investment and financing and mergers and acquisitions, and promote healthy and sustainable development.

Wang Xiang (President of Xiaomi Group):

Xiaomi is a consumer electronics and intelligent manufacturing company with smartphones, smart hardware and IoT platforms as the core. It has maintained rapid and steady growth in the past 11 years. From its establishment in 2010, to 2021, the annual revenue is about 320 billion yuan, the output value is 177.60 billion yuan, and the world’s top 500 ranks 338th. Xiaomi’s success, on the one hand, is to adhere to the technology to establish a business and provide the most cost-effective products for global users. On the other hand, it also conforms to the rise of the mobile Internet industry and actively participates in it. While popularizing smart hardware devices for users, it has gained dividends from the development of the Internet industry.

In recent years, a series of laws and regulations, such as the Cyber Security Law, the Data Security Law, and the Personal Information Protection Law, have been introduced one after another. The state’s efforts to rectify network chaos have been continuously strengthened, the development of the industry has become more orderly and compliant, and the user experience and sense of security have been improved. We believe that our country’s Internet industry will continue to maintain rapid development, providing the country with a large amount of tax revenue, solving a large number of jobs, and improving the efficiency and level of social operation. We are well aware of the importance of mastering core technologies and increasing R & D investment. Recently, we have proposed a higher R & D investment plan again. The R & D investment in the next five years will be 100 billion yuan, and Xiaomi will give full play to its own advantages, firmly lay out its business and resources from the industrial development level, and continue to grow and strengthen the enterprise to ensure its ability to become a pioneering force in the construction of the new era.

It is recommended to improve relevant laws and regulations, fundamentally eliminate the gray area of Android mobile application distribution, and prevent gambling and telecommunications fraud apps from inducing users to install and infringing on their rights and interests through third-party channels.