Wu Kai: The rational use of data makes the fairness and efficiency of trade reflected

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Wu Kai: I would like to share two insights: First, we firmly believe that the dividend of population or the dividend of digital population, or the cultivation of digital population, may be the most fundamental and basic thing in the entire digital economy, including service trade under digitalization.

Second, the entire digital population in the entire talent training and talent-driven technology, we have seen that many countries and regions related institutions, including enterprises, have focused on increasing the investment in the entire digital population or the digital technology and digital capabilities of the population, whether at the capital or the entire education level. When emerging productivity naturally has the ability to digitize and think digitally, we believe that in the whole trade, as well as in the current digital new economy, we believe that greater vitality will be released.

Over the past 20 years, a lot of technology has revolved around production data. I believe that in the next generation, many technologies, whether in payment technology, or in a lot of trade, including e-commerce technology, may revolve around the management of data and the development of data revenue. In this, whether it is the security of data or the protection of privacy, these two aspects can be said to be the foundation and paving stone for the development of our entire digital. We believe that the rational use and application of data can also curb the protectionism of the entire trade to a certain extent, so that the fairness and efficiency of the trade are reflected.