On November 24, the Fortune Global 500 Summit was held in Beijing. Li Daokui, dean of the Institute of Chinese Economic Thought and Practice at Tsinghua University and co-president of the International Society of Government and Market Economics, attended the conference and delivered a speech.

Li Daokui said that future Internet technology is likely to be multi-platform. It's not always right to have a system for all 8 billion people. Therefore, there is also a need for healthy competition (between platforms), and competition between systems. For example, there is Taobao here, and there is onePinduoduo.MeituanCompeting with Taobao, andAliCompetition, this is a great phenomenon.

Referring to monopolies, Li Daokui believes that a monopoly is not a monopoly; it cannot simply depend on the size of the enterprise, but on the pattern. It depends on whether there are any challengers in this industry. As long as there are challengers in this industry, no one can be stable.

In addition, Li Daokui also said, “I firmly believe that the cost of communication in the digital age has been reduced, so there must be more communication.”

According to Li Daokui, in the digital age, exchanges between countries must have increased. The pandemic has forced (users) to use video technology, and the results have proven to be very effective. I've been advocating for this for years. I firmly believe that online technology and Internet technology have become more mature through the current pandemic; the key is to change our ideas. (Liu Na)

Responsible editor: Wang Meng