Alibaba: Ali Belongs To The New Entity Economy'S Response To The Entity'S Virtual Economy.

Recently, the second new economic think tank conference sponsored by Ali Research Institute, Alibaba Gao Hongbing, President of the Research Institute, believes that there are many debates about the real economy and the virtual economy in the market, and the digital economy and Internet enterprises represented by Ali belong to the new entity economy. The replacement of the old entity economy by the new entity economy is an inevitable trend.

At the end of 2016, Zong Qinghou, chairman of Wahaha, evaluated Ma Yun's " New retail "He said that" five new changes "proposed by Ma Yun, besides" new technology ", are all nonsense. Dong Mingzhu, chairman of GREE electric, also said in the CCTV program that it would be a "national hidden danger" to open shop after 90. "After 90, they do not want to work in the real economy, open a shop at home, earn one thousand or two thousand a month, do not have to be bound, do not play attendance, this generation has a hidden danger on the national economic development, not only the online store mode has brought impact to the real economy, it has brought impact to the whole society."

The speech of the two big guys triggered a big discussion about the development of the entity and the virtual economy. In December 29, 2016, Ma Yunceng, chairman of Alibaba group's board of directors, responded: "there is no entity virtual division in the enterprise, only a good company is divided into bad enterprises."

When it comes to the debate on the "virtual economy of entity", Ma has made a judgement: it is not that China's real economy has failed, but that your "real economy" has failed. Through the Internet spanformation of circulation mode, the real economy has found a new direction. We must develop such a new entity economy before we can face tomorrow.

At the new economic conference, Gao Hongbing responded to the controversy over the real economy and the virtual economy. "In the past, there was little overlap between the industrial economy and the digital economy of information economy, but now it is beginning to overlap. From the perspective of traditional industrial economy, they believe that they are challenged and impacted by the digital economy and therefore need to be treated fairly. This is the view of the traditional economic people. However, with the penetration and evolution of technology and the further development of platform, the pie of digital economy will become bigger and bigger, and more traditional entity economy will move towards digital economy.

Gao Hongbing said that whether Taobao or younger brother is using a bit value network to invoke the new entity economy created by atomic cargo spanport and trading. The traditional entity economy is called the old entity economy, and the new entity economy is replaced by the digital economy and the Internet. The replacement of the old entity economy by the new entity economy is an inevitable trend.

"How do we embrace such a new future? All entrepreneurs need to think about it. We are trying to portray the structure of the whole digital economy as 2: the underlying structure has been formed, that is, today's technology, including Artificial intelligence Various technologies such as block chaining, unmanned aerial vehicle and so on, and cloud network end form various kinds of data on the basis. Data has now become the main factor in the whole economic activity, and its value will surpass oil and land.

At the same time, Gao Hongbing released the "2 report on Digital Economy: Farewell to the company and embrace the platform". According to the report, in the 1 era of digital economy, MNCs have reached the peak with the help of IT technology. In the 2 era of digital economy, a new continent, platform economy, has been born based on DT technology. Employment relationship and 8 hour working system are the key words of employment of multinational corporations. Self employment and flexible employment are the key words of employment in platform economy.

Gao Hongbing stressed that on the day of December 23, 2016, the market value of the 10 largest platform economies in the world exceeded the market value of 10 major industrial economies, which is a historical turning point. Among them, there are 3 Chinese enterprises and 7 American companies in the 10 large platform economies, while there is no Chinese company in the top 10 multinational corporations. "In the era of digital economy, China has the opportunity to create the future with the United States, so we have reason to believe that vigorously developing the digital economy is an important strategic deployment of China's economic strategy."

Ali Institute predicts that in the next 20 years, the eight hour working system will be broken. China's workforce of up to 400 million will be self employed and free employment through the Internet, equivalent to 50% of China's total workforce. The platform economy provides international trade infrastructure, and small businesses and individuals can participate in Global trade and profit from it. In the next 30 years, 80% of Global trade will be dominated by small businesses and individuals.

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