Quotable quotes of Chinese entrepreneurs in Davos
Source: China Daily  2018-01-26 06:46:00

With increasing global influence of Chinese economy, entrepreneurs from China are gaining more limelight on the global stage.

As the World Economic Forum's 48th annual meeting, or the 2018 Davos Forum, is underway in Davos, Switzerland, let's take a look what Chinese business people say at the event, a gathering for more than 2,000 prominent personalities from politics, business, civil society, academia and the arts from around the world.

Jack Ma, founder and executive chairman of Alibaba Group

"I think globalization cannot be stopped - no-one can stop globalization, no-one can stop trade. If trade stops, the world stops. Trade is the way to dissolve the war not cause the war," said Ma in Davos."Google, Facebook, Amazon and Alibaba - we are the luckiest companies of this century. But we have the responsibility to have a good heart, and do something good," he said.

Richard Liu, founder and chief executive officer of JD

"Business is not only a way to make money but also a way to contribute yourself, to help people," Liu said in a speech in Davos.

"How can we face the fractured world? That's the topics of the Davos this year. I think a very important thing in business is cooperation. If we can unite, work together, (if) we work very closely, I think we can bring more hope to the people and we can build more trust between the people, countries and companies and partners," he said.

Kai-Fu Lee, chairman and CEO of Sinovation Ventures

"The China domestic market is so large, it is three times the size of the US and even larger if you consider things like mobile payment and things like that, it's 50 times larger than the US," Lee told CNBC in Davos.

"China is also a very amazing model of a unique type of business value creation in the Chinese entrepreneur environment," he said.

Zhang Yaqin, president of Baidu Inc

"I think AI is a big era and also huge opportunities for Chinese enterprises," Zhang told sina.com at Davos.

Jane Sun, CEO of Ctrip

"Tourism is a sunrise industry. Since I entered Ctrip, every year there are new comers, which, first of all, shows that tourism is booming," Sun told sina.com in Davos.

"We invested heavily in ABC. A refers to AI, B is big data, and C is cloud computing. As we expands overseas, these three will be very good weapon for us. So we think (AI) means opportunity," she said.

Hu Xiaoming, president of Aliyun

"In 2018, people will see the infrastructure in various countries more closely connected with cloud computing. More manufacturing enterprises and financial institutions will start to use 'cloud'. And cloud computing will increase the efficiency of technology and finance," Hu told Xinhua in Davos.

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