Alibaba Group board Chairman Ma Yun keynote speech

Also to become a cloud on Zhejiang, data strong province, I would like to have the active cooperation of the brothers and provinces, there are so many experts gathered here, I believe that our cloud on Zhejiang, the data strong province's goal can be achieved, the following welcome to Alibaba Group Chairman of the Board of Directors, Mr.
MA: You entrepreneurs, you innovators, you dream-seekers, as well as distinguished guests good morning! There are a lot of people to thank,

MA: You entrepreneurs, you innovators, you dream-seekers, as well as distinguished guests good morning! There are a lot of people to thank, I remember the first time I attended the Aliyun developer conference is six years ago, at that time just a grassroots webmaster assembly, 400 people in Hangzhou Overseas hotel, that day I saw the dream, the pursuit of the eyes, we think that China's cloud is not a chance, Chinese entrepreneurs are not the opportunity.
But after six sessions, today, with the support of the provincial government of Zhejiang Province, in Hangzhou municipal government, West L. District efforts, we have to upgrade the General Assembly to become a "cloud habitat", I actually come to cloud habitat every time the town, the heart is excited, and panic, and moved, excited that I saw here opened a real dream, Opened up 15 years ago we hope that China one day the upsurge of entrepreneurship, the upsurge of Chinese innovation, the upsurge of Chinese creativity can really start up. The panic is that every time I come, listen to a lot of people talk, see a lot of ideas, I can hardly understand, more and more panic, I remember once on the way home to think, fortunately I was 20 years ago to start a business, if the current venture, I guess I do not know where they are, simply can not compete with these young people.
Moved is that we found ourselves here, Ali people on the entire cloud-dwelling town, cloud habitat, the enthusiasm of the conference, from where we find a lot of confidant, to find many of us.
Yesterday a foreign ambassador to China asked me a question said Alibaba in New York after the listing, the dream has been completed, your next dream is what, in fact, I think Alibaba's dream is far from complete, we hope to be a 102-year company, now just past 16 years, there are 86 years to go. But for the next 86 years, our real dream is to hope for us, because of our efforts to make more dreams come true, we want to become the support of others dream, Ali Cloud computing, Ali "cloud Habitat", aliyun the whole idea, the accumulation of Alibaba's data, computing capacity and the cloud of everything, we share to everyone , sharing with countless dreamers, countless entrepreneurs, can make their dreams come true.
Gathered here today, I think this assembly is particularly meaningful today, because this assembly is not gathered together to discuss how to sell goods, today we are here in the Assembly is a group of people with real ideas, innovative ideas, China's most intelligent people, China's real action people gathered here.
In addition, I think, from 400 people to more than 20,000 people, just six years, this six-year development, China's rapid development is shocking, I believe that the next six years, China's development will be more shocking. There are people here who feel that the development of the Internet has made the traditional economy no opportunity, but from this venue 85 days can be made, from the design, construction to completion, only 85 days, who said that the traditional enterprise has no opportunity, who said that the building has no chance, just see you are not able to act, is not there such speed, Is there such a dream, it is not possible to turn all the dreams into truth.
There are many things we may not understand, but we respect do not understand, many things are because we do not understand, just let us have curiosity, we have to explore. So I was thinking that the most I've seen on the internet in the last few years is that bat has made all of China's innovations, the great opportunity for creativity and entrepreneurship has been taken away, reminding me of 20 years ago, I blame Bill Gates, I blame IBM, and I think these companies took our chances, but in fact it was 20 years of countless startups.
Some say three big mountains such as bat, how can we have the chance, I tell you, not to the village landlord fighting dead, farmers will be rich. Three mountains or seven mountains, bat will continue to develop, but you will have the opportunity to win, because today's entrepreneurial environment, today's entrepreneurial infrastructure, the entire financing state is much better than 15 years ago. Including the quality of everyone here today, entrepreneurial ability is far from the time we dare not to imagine.
The 18 founders of Alibaba were very impressive, in fact, 18 founders of Alibaba 16 years ago because can not find a good job to start a business, we do not have a very good diploma, no good qualifications and relations, we are gathered together because of the imagination of the future, we believe that one day we have a dream, As long as we work hard, we will come true.
Li Qiang's speech just now, there is no empty words and cliches, only he really believe, because each of us believe what we say, believe what we think, believe what we do, we have the future. In fact, opportunity everywhere, the first technological revolution of Mankind, Britain took about 50 years to become the world's power, the second technological revolution, the United States has spent 50 years, the United States has become a powerful nation, then this technological revolution will be produced, this technological revolution will be 50 years, from the current past forward for 20 years, In fact, the rapid development of Internet technology in the past 20 years, the next 30 years is how the Internet technology into the application of the various aspects of the 30 years, this 30 years is really a huge opportunity to start a business.
The three revolutions are different, the first technological revolution is the birth of the commercial form is the factory, the second revolution is the birth of the business form is the company, then what is the birth of the technological revolution of what kind of business form and business organization, please all the entrepreneurs, you dreamers need to think hard.
The first technological revolution was the release of physical energy, is to make people more powerful, the second technological revolution is the use of energy, so that people can go more distant, and this one of the technology revolution is the IT era to the DT era, is really a big release, then ask what will happen to mankind this time. I think the answer is right next to us, in every country we have.
We are in fact entering a new era of energy, the core resources of this era is not oil, but data. China is a big computer, but China is not a large computing power, but I believe that China will become a big computational power, because future data is a means of production, and future productivity is the ability to compute and all the entrepreneurs in this room to innovate, entrepreneurial spirit.
I have just said that the future computing power will become a productive capacity, and the data will become the largest means of production, will become like water, electricity, like oil, public resources, human beings in the possession of oil, before the new energy, human beings do not think they will go to the moon, human beings in the computer computing power before, We may not be able to imagine how far the human mind will travel, and I believe one thing is certain, with the computing power, with the data, human beings will change radically, and we will see from the outside looking inward, what is seen from the outside, our knowledge into another planet, Mars Venus We are all exploring, But our human understanding of the inner world is very shallow, and the data will have a great understanding of ourselves.
If the It era is born of manufacturing, dt era will be born to create, if the IT era is the birth of knowledge, then I would like to tell you that in the DT era of human will really produce is the age of wisdom. So I think the DT era of powerful computing power will become the human brain, now many people are very disgusted with the Internet, feel the internet has brought countless shocks, productivity development, production relations must adapt. Each technological revolution will certainly bring a certain impact on the traditional relations of production, each technological revolution is an important milestone in human progress.
I think the first technological revolution is actually a muscle race, because it is a physical game, mankind broke out the First World War, the second technological revolution because of energy, let people go farther, play farther, go longer, formed the Second World War, this time the human technological revolution, if there is a Third World war, We are confronted with the human race to eradicate poverty, eradicate disease and Eradicate environmental pollution, which is a great opportunity for us today.
I think it's a kind of thinking. From the technical level of the release of human needs such a third World war, the human need to disease, poverty, environmental degradation of the problem to challenge, and this time the human possession of the huge weapon that is the computer, is the ability of the cloud. When there are computers connected to the world in the poorest corners, I believe that the human race to overcome poverty will be greatly increased, the emancipation of thinking ability will also change the way enterprises survive, small enterprises will gain the same opportunities as large enterprises, innovation and creativity will become a decisive factor in the success of enterprises.
I also believe that the time is not the stress of muscle, but wisdom, this era is not about how much you have the ability to service, but you have a good service experience, this era also in front of the computer in the same size enterprises, this era in front of the computer, data, men and women really achieve equality. In fact, we have seen that in this century, women entrepreneurs, women politicians more and more, because they are concerned about the feelings of others, the emancipation of thinking ability will also change the way the government service, I believe that there is no big data, no cloud computing, service-oriented government this will be a hollow, Because the last thing we need is a service capability.
The future government departments ' supervision and governance can not be separated from large data, the government in attracting investment, to consider is not the original three-level, but should consider the calculation capacity, storage capacity, data, the overall service capabilities, DT era more fair, more transparent, more open, DT thought you have me, I have you, DT thought makes all people connected together, inseparable.
I think the most remarkable thing about the DT era is altruistic thinking, because only you believe that others are stronger than you, the IT era is to make itself more and more powerful, the IT era is the most hope that I know you do not know the things, and DT era is only to believe that your employees, your customers, your partners to do more than you and stronger than he was yesterday, You can be strong yourself.
So I believe that DT era is not a technological change, but the transformation of ideas, DT times will be more wonderful, not because the relationship between people and machines have changed, but the idea of people and people have changed, the relationship between people has changed.
Recently, we are more worried about China's economic problems, in fact, I think that China's economy has never been such a good opportunity, the great enterprise must be born in difficult times or must be experienced difficult times. China's economy is saying that from 9% to 7%, even 5%, China's economy is still the fastest growing in the world's four largest economies, twice as many as others, and the huge potential of China's economy lies in domestic demand. In the past the Chinese economy's troika, the so-called investment, exports and domestic demand, investment and exports are the strength of the government, the government can take out the bank's money, to take out its own money, to increase the entire investment, the government can use the policy to do better exports, but the government is difficult to take out the people's money to spend, and the people's money , that is the entrepreneur can do better, we need to use the new technology, with the cloud to stimulate domestic demand, with the cloud to start domestic demand, with the cloud, using computing, using the Internet to cultivate domestic demand. I believe that in the next 20 years, China will enter the real domestic demand era, which is the great opportunity for all the innovators and entrepreneurs here.
Today China has 300 million middle class, but our money may be middle class, but our consumption level and consumption capacity is still the primary class, in the next 15 years, China will have 500 million people to become middle class, 500 million middle class what means? America today's middle class less than 150 million people, but the U.S. domestic demand has led to the development of the entire world economy, that is, the next 15 years, China will have three U.S. domestic demand, how to tap the domestic demand is the real sustainable development of China's economy will be a future. So I think to myself, all the founders and innovators we have here today want to do everything we can to tap domestic demand and try to do everything from health, happiness and intellectual creation, because only in this way, can we go farther, so that the Chinese economy, the Chinese environment, the Chinese people can go better.
As for consumption, with everyone to play a joke, what is consumption, the elimination of things can be consumed, fees can be a waste of things, if you will not be able to consume things and waste things done, you will never make consumption. We used to have only one television in the house, now we may have a lot of people inside there are four sets of televisions, of which three televisions will never open, that three is a waste, that is domestic demand. We want to encourage people to buy more, encourage others to spend money, sometimes the more the more flowers, money is not by the province, and sometimes rely on investment, rely on flowers, rely on the enjoyment of living in this world is not hard-working save a lifetime, but to enjoy a better life. I think all the entrepreneurs, innovators, let your products attract others, so that your products to arouse the impulse of others to buy, service impulse, this is the real consumer economy.
Entrepreneurs, we all know that money is important, but we are more aware of the importance of adhering to the dream, adhere to the efforts, Alibaba remembers 15 years ago, I went to Silicon Valley to seek financing more than 30 times, found more than 30 companies, all rejected, today many people say today's financing is difficult, today's financing has never been so easy, In the past, we have been 20 million of the year's most financing companies, today to 1 billion are embarrassed to tell others that I melted 1 billion dollars.
But entrepreneurs, there are a lot of people who tell stories in China, but not many people can make the story into reality, we are everyone here, not to ask others for their own money, but to the market for money, but to make profits, only profit can make us lasting, only others see your profitability can last. So I hope that people will keep their feet on the ground, spend the things they should spend, and save what should not be spent, because we have a long way to go, the competition in the future is not three years of competition, but 30 years of competition. People always want to have a dream, we said that in case of realization, so I believe that today we just walked into the eyes of countless entrepreneurs, today many people come here to meet, many people under the age of 20, many students, I heard there are many people are absent from school to attend.
I believe in another 10 years, "cloud habitat" will be the birth of more people's dream, where we see living people, here to see countless dreams, here we see the future of China and the world, here may be able to really start China's domestic demand, China's economy is not the real health of the traditional manufacturing, The real future of China's economy lies in our creative innovation and creativity, thank you.