The 3rd World Internet Conference opens in Wuzhen, east China's Zhejiang Province, Nov. 16, 2016. (Xinhua/Li Xin)
A top conference that no single internet-tycoon in China would miss.
Here in Wuzhen, Zhejiang Province, Chinese government officials, business leaders and industry experts are discussing topics including China’s internet regulation, growth strategies and how to support start-ups in the sector. They will also discuss cyber security, global governance in cyberspace and how to build a trustworthy cyberspace through new media.
The third world internet conference opened with a key video message sent from Chinese President Xi Jinping, who is on his way to Latin America for the APEC leaders' meeting in Peru.
He advocated for deeper international cooperation in cyberspace and to build a common destiny of common future in cyberspace.
The Chinese president added that China will stick to the concept of “sovereignty in cyberspace” and promote global internet governance to a more just and equal manner.
Senior CPC official Liu Yunshan further elaborated on this. Liu said countries should treat each other in an equal, fair and just manner, and promote a global internet governance system that is multi-lateral, democratic and transparent.
"We should regard the “respect of internet sovereignty” as a basic principle, and safeguard countries’ equal rights and power in cyberspace in terms of development, participation and governance arrangements. We should increase the representation and voices of emerging markets and developing countries. We should not be engaged in internet hegemony and avoid making unilateral decisions or making decisions only by very few parties," said Liu Yunshan.
Liu says the Chinese government is willing to work with the international community, to formualte the international regulations and standards in digital economy, information technology and cyber security.
He added cyber security is a global issue that no country can ignore.
"China will work with the international community, to resolutely crack down on any kind of cyber attack, internet terrorism activities and all kinds of illegal activities on the internet. China will protect the intellectual property, safeguard individuals’ privacy and safeguard the national security, public interest and citizens' legal rights," said Liu Yunshan.
Internet-related industries have also become a key growth engine for China’s economy, as the country is undergoing a tough economic transformation and upgrading.
Jack Ma, founder and chairman of the Alibaba Group, said making internet technologies and internet resources more inclusive to the rest of society is key for the IT sector to benefit all.
"E-commerce is simply using internet technologies, internet thinking and is aware that the future economy will be fully based on the internet. E-commerce companies created a business model that is suitable for the future," said Jack Ma.
The Chinese government has been advocating massive campaigns to integrate traditional sectors like manufacturing and agriculture, as well as service sectors with the booming internet industries.