Chen Yubo, Secretary of the Party Committee of the School of Economics and Management of Tsinghua University, Chair Professor of Coca-Cola of the School of Economics and Management of Tsinghua University, and Director of the Internet Development and Governance Research Center, mentioned that there are three factors that have been the most successful in the development of China's digital economy. A large number of private enterprises, the entrepreneurial spirit of continuous trial and error, trial and error to find a suitable Chinese market environment, suitable for our four synchronization of these business models", the third is "a large number of forward-looking venture capital, venture capital enterprises to pay".
Talking about the second point, he took Alipay as an example, "It is not a payment tool, it is a tool to solve the problem of trust, because trust is the pain point of the market that we have not completed industrialization." ”
He said, "In China, everyone knows very well that there are still counterfeit and shoddy products in our Dongdan Silk Street, which is a special historical stage, and e-commerce has contributed to the elimination of counterfeit and shoddy products." It depends on the innovation of our business models, Alipay and JD.com's self-operated logistics. ”