Abstract: Alibaba chairman of the board Ma said that China demand is far from being tapped, this is a slow process, investment and export led economy is fast, but soon finished, Chinese should adapt to the slow. The main force of economic and social entrepreneurs, do not do all the business, the 100 entrepreneurs, the 95 will die.

 

On the eve of the opening of

at the Second World Conference of the Internet, the Beijing news had an exclusive interview to attend the meeting of the board of directors of Alibaba chairman ma. Interview Ma on the form of China’s macroeconomic, Ali electricity supplier in the future, as well as entrepreneurs need to have the quality of the views expressed. He believes that China’s domestic demand is far from being excavated, the next 5 to 15 years, the consumer era will come; the amount of Chinese online consumption will grow, so Ali electricity supplier business is not up to the ceiling. For entrepreneurial boom, he said, do not be able to do business, 100 entrepreneurs, the 95 will die."

the next 5 to 15 years, the consumer era will come

Beijing News: last year, a lot of people are talking about Chinese economy that is becoming more and more weak, many entrepreneurs are also worried that the economic environment is more and more difficult to finance, more and more difficult to do business.

Ma Yun: China’s economy is driven by three carriages, of which the two – investment and exports, the government has done the most handy, but they can not engage in consumption. Consumption is what entrepreneurs do, consumer maturity, it means that the maturity of the market economy.

China’s domestic demand has not been dug out, this is a slow process, investment and export driven economy is fast, but soon finished, China will adapt to this slow. In fact, China is not slow, 5 to 6 points of GDP, slow where?

Beijing News: are you optimistic about the consumption of stimulating the economy many foreign countries have been driven by consumption, but then the economy fell into stagnation.

Ma Yun: the next 5 to 15 years, the consumer era will come. We have so many young people, we should encourage people to consume, consumption is the trust of the future.

news: but will it lead to China, too, like many other countries, the economy will fall into a long period of stagnation, the so-called middle-income trap?

Ma Yun: not that long. A six or seven year old child has scars on his knees, because walking is not to be wrestling; wrestling is not learning to walk? The stagnation period is not a trap, not to trap, so many countries are so over, why Chinese however, why always want to find over

?

Beijing News: but in Chinese tradition, overdraft consumption is always very worried.

Ma Yun: that is the older people think so, you see today’s 80, 90, more daring to spend tomorrow’s money. We should learn to spend tomorrow’s money