Cao Guowei: All industries can use the Internet to create new models

When talking about the construction of the Internet legal system, Cao Guowei, chairman and CEO of Sina, said that in the past decade or so, the lag of the legal system has been an important factor restricting the healthy development of the Internet. As the Internet market matures, legal system construction is very important.

China Mobile Internet World Leading

Beijing News: In your opinion, what is the biggest change in the Internet to human social and economic life?

Cao Guowei: The Internet is full of revolutions in all aspects of society and economy. In the impact of the Internet on human society, what we are seeing now is only a small part. For example, it changes the way we obtain information, the way we disseminate it, changes the way people communicate with each other, changes the way of trading, and the future. It also includes changing the way of communication. Its scope of influence will include life, society, economy, politics and other aspects.

The Beijing News: There is now a saying that our previous revolutions were far from the developed countries in the world, but in the era of the Internet, especially in the era of mobile internet, we stood at the same starting line. Do you agree with this statement?

Cao Guowei: I agree. The development of China's Internet is almost synchronous with the world. In the very early days, this industry has a lot of financial support and national policy support. The pattern of the world's Internet is basically the global corporate structure represented by China and the United States. The Chinese market is large enough to accommodate large Internet companies.

Especially in the mobile Internet, we are very leading, and many of our applications are even ahead of the United States.

Online privacy protection lacks legal supervision

The Beijing News: Is there a gap between China's Internet industry and the world's first-class level?

Cao Guowei: China's lagging behind is the application of enterprises to the Internet. Chinese companies should use the Internet to promote the informationization process of enterprises and promote the efficiency of the industry. Relatively speaking, because the process of informationization of Chinese enterprises is relatively lagging behind, this aspect may be slightly slower, but I believe this trend has come. I believe many companies have seen the improvement of the efficiency of the Internet in their own industry under the Internet trend. The next question is time.

The Beijing News: In the Internet field, what other aspects of the legal system are lacking?

Cao Guowei: In the past ten years, the lag of the legal system has been an important factor restricting the healthy development of the Internet and causing the barbaric growth of the industry. However, as the Internet market continues to mature, the construction of the legal system is very important. Although there have been great changes in recent years, I feel that the intensity must be strengthened. One is the legislation itself, and the other is the strengthening of law enforcement. For example, the protection of copyright has legislation in all aspects, but because of insufficient strength, it is more difficult to encourage enterprises to invest and innovate.

In some areas, such as the legal system of Internet fraud crimes, it is relatively lagging behind. The transaction on the network is good, the service provided is good, and its trustworthiness and security need to be guaranteed. There is also the protection of privacy information, online rumors and personal attacks, etc., which lack legal supervision.

In the Internet legal system, on the one hand, the law must be sound. On the other hand, in the process of legislation and enforcement, the basic norms can be applied, but the characteristics of the Internet itself should also be taken into account.

Provide good products for more people to use the Internet

The Beijing News: There are many vertical areas in the Internet industry. What do you think will be the next area that will break out?

Cao Guowei: The Internet has a comprehensive impact on our society. All industries can use the Internet to create new models. From this perspective, it will subvert all industries.

To say which industry has a greater impact, it depends on the scale of the industry itself. In general, the larger the scale, the more information asymmetry the Internet can change, and the greater its impact. For example, in the financial industry, the financial industry has been regulated by many policies and has many rules. Because of this high barrier, it also brings a lot of information asymmetry. The Internet can solve the problem of information asymmetry, which will inevitably play a very positive subversion role in this industry.

In addition, tourism, whether it is a hotel, air tickets or tourism products, has a feature, the more symmetrical its information, the cheaper it will be. More important in the future are medical, educational and many other fields. It is difficult to sort.

The Beijing News: There are still many people in the world who have not been exposed to the Internet. What will Sina Company do?

Cao Guowei: The work of popularizing the Internet is largely related to the government, such as the popularity of Internet facilities, the popularization of mobile facilities, and construction. From a business perspective, there are some companies in the world, like Google and Facebook, who want to connect more people and hope to provide facilities such as interconnection. From our perspective and company size, more is to provide good services and products, so that more people use the Internet.

I am with the internet

When we change the era in which we enter data, all businesses rely more and more on data. For example, making a movie, on Weibo, you can use big data to calculate what you like now, how to write the scriptwriter, and who the role is more appropriate.

Talking about transformational mobility is inevitable, and every company has to do. The construction of our portal is mainly on mobile, such as mobile Sina, news APP, sports APP, financial APP. But at the same time, our portal has been working hard, but only a little slower. Now I will re-invest in more energy on the portal, I believe it will help the portal to accelerate the transformation.

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