what china’s big tech ceos propose at the annual parliament meeting
China's Tech Leaders Offer Proposals for Digital Economy Growth
The yearly sessions of the National People's Congress and the Chinese People's Political Consultative Conference are currently being held in Beijing. Numerous delegates, including leading figures from China’s prominent technology companies, are participating and presenting their perspectives.
Pony Ma
Tencent’s founder and CEO, Pony Ma, advocates for increased regulatory oversight within the nation’s developing internet sector, as detailed in a report by People’s Posts and Telecommunications News, a state-backed publication.
Ma, serving as a delegate to the National People’s Congress, has submitted over 50 proposals throughout nine consecutive years of parliamentary meetings, according to the report.
His specific recommendations center on stringent governance for emerging sectors like peer-to-peer finance, bike-sharing programs, long-term apartment rentals, and online group-buying for groceries – areas that have experienced business failures due to intense competition and financial strain.
This statement arrives as regulators intensify their scrutiny of China’s major tech companies, initiating investigations into Alibaba and others regarding anti-competitive behaviors and proposing comprehensive data protection legislation to restrict user information collection.
Lei Jun
Xiaomi, a manufacturer of smartphones and various hardware devices, is actively supporting the modernization of factories as part of China’s strategy to enhance its position in the global manufacturing value chain.
Lei Jun, CEO of Xiaomi and a delegate of the NPC, acknowledges that China is behind in smart manufacturing, lacks indigenous innovation, and is excessively dependent on foreign technologies, as outlined in his proposal.
He suggests focusing research and development on crucial components, including advanced sensors and precision reducers for robotic systems used in factories.
Lei also highlights a shortage of skilled personnel to drive factory innovation, advocating for government policies that encourage the recruitment of international talent and foster collaboration between industry and academic institutions.
Robin Li
Baidu, China’s leading search engine, has made substantial investments in smart-driving technology as part of its shift towards artificial intelligence.
A significant obstacle for autonomous driving companies like Baidu is the need for extensive data to train algorithms, and the issuance of testing permits varies considerably across different regions.
Robin Li, CEO of Baidu and a member of the Chinese People’s Political Consultative Conference, urges regulators to adopt more innovative approaches to facilitate the legal and large-scale commercialization of autonomous driving.
He proposes the creation of a collaborative framework involving government agencies, industry stakeholders, and academic institutions to collectively promote the deployment of self-driving technology.
Furthermore, Li calls for the development of more user-friendly technologies for seniors, increased public access to government data, and improved online safety measures for minors within China.
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