Ma Yun: Ali hopes to become China's "national enterprise"

Ma Yun said that over the years, Alibaba has been a blessed company. We have received strong support from the Hangzhou government and people in Hangzhou. We are also honored to be a community of interests with a city and our hometown.

After the Alibaba IPO (initial public offering), the society has high expectations for us and the pressure is also great. Hangzhou supports us in this way. I have been wondering what gifts we have for Hangzhou.

Now I feel that adding a little new value to Hangzhou’s education, culture, entrepreneurship, and economy will allow Hangzhou to create more star startups, perhaps the best gift for Hangzhou.

In the next 15 or 20 years, what changes have taken place in the world because of Ali?

This year's "Double 11", with a transaction volume of RMB 57.1 billion, is just the area code of Hangzhou. This is also a particularly big fate. "Double Twelve", we have done offline supermarkets.

Alibaba has become the eighth-largest company in global market capitalization this year, surpassing Wal-Mart and IBM. As a company that has accumulated 25 billion U.S. dollars in profits and created hundreds of billions of profits each year, Ali's first 15 years to measure his own standards is: Is there any impact on us in China? In the next 15 or 20 years, the measurement standards should be Yes: Because of us, what has changed in the world?

Only by thinking in this way can we truly bear the responsibility of the top ten global market capitalization enterprises.

Ali development focuses on three areas in the next five years

In the next five years, we will gather three major battlefields: one is globalization, one is a rural strategy, and the third is a company that truly turns its own company into a cloud computing big data in the DT (data) era.

We hope to globalize e-commerce and hope to gather 2 billion consumers within 10 years. We have started to think about how to pay for a globalization system, a logistics globalization system, and how we can establish a new set of rules for trading games.

We may guide many countries to participate, and cross-border e-commerce platforms will also play a more important role. The cross-border e-commerce platform is an infrastructure we have developed. The stronger the support for us in Hangzhou, the faster we promote it, and the faster we promote it, the more likely it is that Hangzhou will become an important node in this future world's new trade game rules.

This is a reflection of our global layout.

Ali hopes to become China's "national enterprise"

What company is Ali called?

We are not ordinary private enterprises, nor are we state-owned enterprises. We have positioned ourselves as a "national enterprise" in China.

Just as Samsung is a national enterprise of South Korea, Mercedes-Benz is a national enterprise of Germany, and Google and Apple are national enterprises of the United States, today’s China needs to create a group of young people who can represent China and represent China’s innovative technologies and innovation capabilities. A national company that represents the country’s contribution to the world.

An important indicator for national companies is that more than 40% of their income comes from overseas, and Ali’s current revenue of more than 95% is still from China. This requires us to increase the development of cross-border e-commerce.

Today's Chinese economy, because Ali has a little bit of change, we hope that through the efforts of ten years, the world economy can change due to Ali's e-commerce.

What Ali wants to do is sports economy

We also want to have long-term development in football and other fields.

We do not want to be a sports industry, nor do we want to do sports. What we want to do is sports economy.

The higher the ratio of a country’s cultural economy and sports economy to GDP, shows that the country’s economy is healthier. I know that the Hollywood cultural industry in the United States brings 4 points to 5 points for GDP while sports brings 7 points to 8 points. The income of the sports industry will surpass everyone's imagination in the future.

Live better than live longer

Ali hopes to live like a building outside the building for a long time

Next year we will also hold two conferences, one is the World Conference of Women Entrepreneurs, which may be the world’s first conference of women entrepreneurs, and the first public welfare conference in China. Ali is the organizer. We must turn them into an urban convention. This is very beneficial to Hangzhou's international expansion.

Ali hopes to make our contribution to China's soft power. It's better to live a long life. In the next 87 years (Alibaba was established in 1999, Ma Yun said that he hopes it will live to be 102 years old. There will be 1 year in the last century, 100 years in this century, and then it will live in the next century) There will be a lot of hardships. We will stay in Hangzhou and hope to live a long time like a building outside the building.

Original title: Ma Yun: What is Ali's best gift to Hangzhou?