China Business Internet 10-year Celebration leaders Summit-Live Salon

The intermediary transaction SEO diagnoses Taobao guest stationmaster buys the Cloud host technology Hall

Theme: China commercial Internet 10 years celebration

Time: October 23, 2008-October 24

Venue: Centennial Auditorium, Peking University

Organizer: "Internet Weekly"

Hostess: Thank you speakers, today is a particularly rare opportunity, when we talk about the Internet at this time, we are invited to the real is the great wealth of the Internet, here to tell their glorious and dream of 10 years. We just heard it was their monologue, and then more exciting, because such a smart person gathered together, their minds of the agitation to give us what kind of inspiration? Next, please our guests for the forum link!

First of all, introduce the moderator of today's forum, I think his business in China is also a star-level figure, just hailong mentioned that often use particularly low prices to buy other people's shares, Mr. Shong, I read the media reports he is a frequent questioner, is a fierce man, but he is also a good person, So then please the fierce good people for us to preside over this forum, I hope that Mr. Bear leads to more ideas!

Male host: Below please Xin Wei-min, Zhang Shaofeng, Zhang, Jianrong, Wu Ping, Yang Radium, Chen Peifen, Jie, Jianzhong several guests onstage, welcome!

Shong: Hello everyone, I was doing investment, just said we have some tickets, and then made some money, today is very happy to attend this meeting, because you can see a lot of ten years ago know some friends, exchange experience, and then care about the future. Especially now the financial crisis is good, we do some of the following what kind of things, with whom? So to attend today's meeting, now let's get started! According to foreign rules, ladies first, what do you do ten years ago?

IDG Investment Partner Shong

Jie: I am the deputy general manager of Canon Enterprise, today I am the only one lady. Ten years ago I didn't know what the internet was, but at that time I had a little bit of a sense of the new thing. So Canon China is the same as many enterprises, the Internet is indispensable to communicate with users an important bridge. If we can provide a virtual platform, even if we have not experienced a real experience, they can feel with us through the Internet, I think this is the internet to our manufacturers to bring benefits. So I think the future of the Internet is boundless, I believe that the manufacturers will have a better prospects for the development of the Internet platform, thank you!

Shong: Ten years ago, the first time to know the Internet is (NET ...) English), the company is no longer present.

Wujianrong: I am from the Procter and Gamble Company, we know that we are a manufacturer, our target is the consumer, of course, 1.3 billion of the national consumer, of course, 250 million of the netizens are our very important part. In fact, ten years ago, has been more than the work of the time, I was still in the university. I first got in touch with a computer in 98 and bought a computer for the first time. At that time to open an account, when the first contact with the Internet, opened this understanding of the outside of a window, so said ten years ago, the first time net, to the university inside their own web site. At that time I was also doing the electronic business of Procter and Gamble, then was to do BtoB E-commerce, when the internet did not burst, the results also retreated very quickly. After the first large-scale intervention to the Internet in 2000, we did not achieve the desired results. Some changes have taken place by 03. Where did it happen?

The first one, the way our consumers interact with some of their day-to-day contacts, their media information is in a manner that has changed.

Second, consumer choice is more and more, so how can we continue to use our information in the most appropriate way at the most appropriate time to our customers, the Internet digital marketing becomes not the best choice. So in the later years, we gradually accelerated the investment, but also achieved some results. So today is very happy with the Internet, the Masters of the past ten years to review the different stages, so the feeling is very deep.

Shong: I'd like to add that Procter and Gamble are a very traditional commodity-making company in the United States, and they do very well in this kind of sales. So now they are paying attention to using the Internet to do sales, such as people wash the head of things. You know the CEO of Microsoft, the original in the market-oriented marketing of Procter and Gamble. So you're going to be working on the Internet to sell more products, is that so?

Wujianrong: Yes.

Shong: Welcome to Join!

Guest: Today is very happy to come to the Centennial Forum, thank the Internet weekly to provide such a chance!

Shong: Are you from Peking University?

Guest: I am Tsinghua's. Our company uses fingerprints for identity recognition, and our relationship with the Internet is somewhat similar to that of Feng, who may not be quite sure about the Internet. Our one is to provide such a solution, is the identification of the scheme, the other is in addition to the Internet, including the PC, including the local area network, or information security program is we do. Back to bear asked the question, because more than 10 years ago I have learned about the Internet, I remember at that time in Baishi Bridge or in Zhongguancun, there is a billboard, 500 meters forward is an advertising entrance, when the earliest on the internet is very good, but the experience is not good, because to pass the telephone line. After ten years of development, the bandwidth is very fast, so the internet and now the combination of technology has been rapid development, including our own benefit. Just now, the P & G mentioned that, in addition to providing information security and identity authentication, we are communicating through the Internet more than by telephone or other means. This is one of the experiences of the Internet beneficiaries, and I'll introduce you here.

Zhang Shaofeng: I am the only representative of the bank, I come from the Bank of East Asia, the Bank of East Asia from Hong Kong, we also return to the bosom of the motherland. Today is also very happy to participate in this event, review the Internet 10 years of development. We all know that online banking, which is an important part of the Internet. We all know what the Internet can bring to banks in ten years, but Bill Gates had a prophecy for ten years, and we thought he was a little crazy. He said that traditional banks were available and could not be. Then the traditional bank of the 21st century became a traditional dinosaur, and at that time it felt like a madman. Through the development of the Decade, there has been a lot of evidence, our banking sector and the traditional banking sector has undergone profound changes. That is to say, the internet has had a huge impact on our banking sector from the organizational structure, where online banking has so far been trading more than 400 trillion since last year, surpassing the traditional manual approach. In addition customer base in today's 253 million customer base, there are 100 million customers are our online banking clients, so online banking in the Internet for 10 years, our domestic internet banking has been very developed, but also to create a very good opportunity to profit.

To say, the Internet is the most concerned about the recent financial crisis, the greater impact on the banks, then the impact of the moment from the Americas to Europe, and spread to Asia, why so fast? The internet is also playing a role here. The advent of the Internet is faster than the speed of our currency, and the changes that have taken place through traditional means have changed so much. All right, thank you!

Wu Ping: Let me introduce, I am the exhibition, is to do the chip, maybe today I invited to come perhaps with the arrival of 3G, gradually to the wireless internet, is China's 3G main chip provider. A joke, I also graduated from Tsinghua University, but our class, including our school a lot of people married to Peking University girls. There is a very obvious phenomenon, all the boys who married the Peking University girls, then the entrepreneurial very successful, so that this is the lessons learned.

We know the first Internet company in the United States to start a business, I was in the service company next door, is that we are the opposite. When we saw such a company, we thought it was not clear what they were doing because the Silicon Valley was dominated by semiconductors and communications. Then came the advent of the Internet company, although it was technical, but the characteristics of these people are not the same. We these people seem to be more rigorous what kind of, these companies come out for a while is a suit and tie, one will be haired, these companies outside a large pile of advertising companies, feel their burning money comparison of fierce, everyone their development is very fast. I also do a lot of things, including in the process of doing technology development and international companies to communicate. Including I said later has Harper, he is also has the connection with the Internet enterprise, now also very successful entrepreneur.

What I want to say is, I also see the Chinese internet has a very big development process. Although the development of this decade, I have just seen a few speeches, I think it is a great feeling that any industry has a pioneer and a backward one. I am more happy in this field of the Internet, martyrs not many, pioneers quite a lot, it is very good.

On the other hand, as I say a little more, I remember when I first started my business, when I started back in 2000, there was a Robin Li doing well. At that time, we have a lot of ideas about the development of the Internet, including the 01 back, most of the internet is dial-up Internet access, then the United States and broadband Internet access is very different. But in recent years China's broadband network development is very rapid, I believe that with the advent of wireless 3G, wireless internet will bring great business opportunities. In the mobile environment, the changes in the Internet must bring a very big impact on our lives, especially the bandwidth of the network, so that the mobile Internet to bring us today's life changes, it may be difficult to imagine everyone here, this is also the beginning of the next dream, thank you!

Zhang: Hello everyone, I study electronic engineering, so after graduating from school to be complacent, in the school is excellent students, and then in Zhongguancun business. The experience of failure more, at first I was learning hardware, so hardware. At that time, a project in Beijing, about more than 10 colleagues to do an electronic product, but then all failed. Then until about 94 years, I first heard the concept of the Internet, in 95 began to learn the Internet, 96, the establishment of an internet company. Just started doing the internet is very miserable, and then less than a year's time to burn the same. Later we found that the domain name registration is a good internet business, and later to help customers do domain name registration business, but also we started a kind of internet business model is to help customers register domain names. Later we also became the most famous one to do domain name registration of such a service company, now the connotation of service far more than the domain name registration, like a lot of hosting, network Marketing, E-commerce These aspects, we are helping our customers do.

And then say that over the years, in fact, we are more than some of the speakers on the stage earlier, and now by 08 we have more than 12 years of development history. And then we've been on this road since we established the business model, and we've had the privilege of shong their investments, with a lot of companies looking out for us. What did they say about the future of your network? Although in the middle of the process discussed many times, and our investors and our directors are still walking. I think we are a bit like a turtle, and then on this road to see a company is Sina, this side of the past is Tencent, and then far more than we. After a few years of development, it felt like there was nothing wrong with the road, and now more and more voices say. There are two modes of Internet, one is entertainment Internet, the other is commercial Internet. Then realize that we are walking commercial Internet, and then we have a relatively good faith, is very pragmatic, we help customers do things. Seems to have a stage, today many people speak very well, to leave a good impression on everyone. We are the plank, this is the table, we are still here after we walk. But this stage is also very good, and we in the Centennial Hall such a place, from its name can see it is to help those who are long-term, step-by-step success. We help a lot of people to succeed, we also have a concept, we call "hundred million Nets", so I hope that we wish our million-net live hundred years.

Shong: Welcome to the next one!

Jianzhong: Hi, I'm ccmedia, I'm the only one from Taiwan. This decade has been a lot of setbacks and difficulties, but we have been insisting on the same name as our company. We feel that after the advent of the Internet, all business owners, you have a better way to communicate with their customers. How do we achieve these? We collect, collate and analyze the data, so we say that we have created a lot of products from this idea for ten years. At present this product in Taiwan and Korea share is very good, many large banks and enterprises have our products. We came to Beijing three years ago and found that it doesn't exist in China because the information that might be analyzed is not very demanding. So there are some changes in the thinking, we want to do what has been done in foreign countries for four or five years, according to our technology to do some restructuring, and then push the technology to many domestic.

I would like to take this opportunity to say that I have not been fully involved in the Internet market in China for the past 10 years, but I am very concerned about it. I think the market has changed very much, and also very successful, I think the next ten years, my own view is that the line of the online communication more. Including a lot of information under the line, I think the representative of the Bank of East Asia is very aware of this trend.

The second trend is the combination of software and hardware. Because I see a lot of reporters on this side of the photo, it is likely to take a few years after the photo, do not need to deal with, may be directly used as a shot. I think a lot of use in China will happen very quickly.

Shong: Two more, hurry up.

Yang Lei: Hello everyone, I just made voice mail in ten years, when I returned to my home in Silicon Valley on vacation. After seeing the overwhelming advertisement, I was particularly excited. I think many years later my grandson asked me, grandpa when China's Internet development, what are you doing? So I decided to do the Internet, the most famous is Yahoo. I think if Yahoo let me in, I do not have a penny, you can play a Jiangshan, but others still do not me. The result is so coincidence, next to me is my alumni, and then pulled another Tsinghua to engage in a company of their own. What are we going to do? We used the search engine to analyze the price of everyone and so on, and then packed it in various forms, such as charts and so on, to sell these things to retailers and so on. We talk with more than 100 companies, with foreigners to do the foreign money market, once we get the money, and get the U.S. VC rich money, we have come.

This time today reminds me of one thing, at the beginning of 99, when I met the dotcom bubble of 2000 years. So the warning letter about Hongshan is the same, and then our business survives. I think in fact, a company's ability to bury his head to dry, really can do well. Later, after four years in Silicon Valley, I took over the handheld after 03 and then listed on Nasdaq. From the Internet into a wireless internet, now my mobile phone can also read the news on the Internet, very convenient, so I believe that the era of the internet will come. As a result of these environmental changes, China's unlimited value-added business, is the internet business in winter, other people's winter in the cold, the current internet is basically in such a state. But I also believe that in 3-4 years there will be a lot of good companies, as investors I also look forward to this appearance.

Talking about the internet I have a few feelings, the first China's internet overall trend, although said better, but by a number of large portals accounted for, such as Sohu, Baidu and so on, China's internet feeling there are a few mountains, no again let me surprise things. So I say the internet in China is not going to be a great company in the next few years. We can't just talk about dreams, so this is the more pessimistic place at present. In addition, the Internet industry is like this, it and the traditional industry is a single big, all in all. China's situation is more special, there are Sina, Sohu, who is three home, it is hard to say. I found that the internet every more than ten years have a big shuffle, who can think I wanted to join Yahoo, who can think of Yahoo now is what?

Last but not least, I put into investing, I have a complex and dream, China especially need to do angel investment people, I hope I have the opportunity to do this.

Shong: I hope you will not be proud of Tsinghua, we voted Baidu, now his market value is 8 billion dollars, you add up less than half of others, so don't be complacent. I think the future is very good, because ten years ago the Chinese Internet users very little, now China is the first. If we talk about market capitalisation, Tencent now is 11 billion dollars, and Robin Li is 8 billion dollars, plus almost 20 billion dollars. GOOGLE04 year, now it's more than 110 billion dollars, so our leading companies add up to 20% of American companies, so the future will be good. Because our Chinese Internet users are already the world's first, now China has the richest, more money than the United States. So there are a lot of opportunities, if you do investment, you can go to the east of the Centennial Forum to look at, more pondering. Find a few more people like Robin Li.

Xin Wei-min: My name is Xin Wei-min, is the CTO of MSN China. Back 10 years ago, in Silicon Valley, I always wanted to how to join the Internet industry? So the company for me personally, this is the first step into the Internet, we do not know what the future looks like, we just want to do it. Into this matter, give me an experience is the spirit of entrepreneurship. In fact, at the same time let me embark on this internet bond of this path.

Back in China, I was also involved in the handheld unlimited value-added business, did some very meaningful things. In fact, more is to serve the high-end white-collar users, I think most high-end users have MSN ID. In fact, from the first time I stepped into the internet, I feel that it brings us an ever-present communication tool, give us a lot of opportunities. To speak of the challenge, now behind the glory and Dream is a challenge, that is, how can we further develop our business? How to better serve this user in this valuable user base? This is something we have to think about and it is worth exploring.

Shong: In general, Wireless is the future of Internet development, E-commerce also has the future development of space. Another investment, we will always find talent, find the space for technological growth. I think the internet to our China, for us here, we are very lucky, because it gives us a chance, because make the world really become a flat, not only is the platform of money, our exchange of information and so on to sell things into a flat. In the future, the biggest challenge is the financial crisis and the economic crisis that we are now witnessing. Just now, the Hailong said that China's broadband has brought great development, this crisis has brought us what kind of opportunity, the use of the Internet allows us to go on their own way better, make more money. I think there are many opportunities, we know that ten years ago the strongest idea is Microsoft, although today Bill Gates retired, but it is the most cattle company. But the Internet time and it is much shorter, but we create wealth faster than they. I think no one said that the next 10 years or the era of Microsoft, and Bill Gates to do charity, that is a good thing. I think everyone here should seize the opportunity to use the Internet at this time. Ten years ago, my luck was very good, I voted Tencent, Baidu, Sohu and so on are several years ago we cast, to bring us a good report. What can we do in the next ten years? I just talked to Liu Yan, and I knew him 10 years ago. The dinner we ate in New York ten years ago coincided with the training of our fashion colleagues and the first time we engaged in a traditional consumer product, when Liu Yan was a lawyer. So China gives us a great opportunity and everyone is back in China. So this is a good opportunity for us to have the Internet, and the development of China's market, so that China gives us a good platform. Today in the Centennial Hall of Peking University, we talk about it, I feel that I have reviewed the past glory and dream, and also talked about our lessons and our future. I think the internet is the direction of our development, the second, wireless interconnection is also a development direction. Finally, I would like to ask the two-bit internet for your business can play what role? In this digital age. One is you, the other is canon. Maybe use the Internet to sell your things, from the user's point of view using the Internet, what will happen to your future sales changes? Ladies First!

Jie: It should be said that the Internet users, in fact, we are one side, the other is everyone in the service of the end user, we communicate through the platform of the network, so that the network is very good to close everyone regardless of the platform can meet. For the enterprise, this is a very potential tool and platform. So I said to the enterprise must have reported, relatively more than traditional channels to get more users, so that users experience our products, the user has a very big temptation. I think many enterprises will not from the traditional channels to develop their business, the Internet must be regarded as very important, but also a development trend of the platform for Investment. Of course, we will consider the investment and reporting, must say that the Internet can provide the function, as well as you do the network of elite, you are the first to consider the Internet, or the people who invest in the Internet, in the end who is the need for more important? So if we have a consistent goal, we can develop it to the best.

Wujianrong: Our philosophy is close to life, beautify life, so that the Internet is a tool, in fact, we all stand together, we are more than a partner. Our common goal is to turn the Internet, or the online model, into an effective way to communicate with manufacturers and consumers through the Internet. So the next ten years have two points, the first is innovation. We are not focusing on formal or technical innovation, the so-called innovation should be from the focus on the needs of consumers within the starting point. You can see a lot of foreign online media often have a bright feeling to your eyes, because he really grasped the needs of consumers. Second, I'm talking about commercialization. In fact, commercialization does not mean money, but it means a total win. Everyone has a rule, all the participants can benefit, including our advertisers, netizens, other industry participants can have a rule. For example, online advertising can clearly measure how much every penny is invested, how many people click on it, and the willingness of consumers to shop. So the next ten years, the number of Internet growth, to the quality of the leap.

Shong: Thanks for the time. I think the Internet summary, nothing more than a tool, is a media. We know that in the media is always the content of the king, but in the middle of the reality and a bit unfavorable to the content of the king is not very favorable. So I think the future may be better, but the internet can be better with the media, this is the traditional media how to integrate with the Internet is another development direction. And in the middle of the business is cash for the king, I think the future development, not only for you personally, each to find their own real profit model, how to make their own profits in China bigger. Do the internet is very optimistic about this future, we IDG company just cast 1.5 billion yuan, has not cast. Also hope that in the next 10 years, we will do this meeting, we can see you here, at that time we share their own glory and dreams. All right, thank you!