Miao Yu Meets With Pony Ma, Tencent Chairman

On the morning of March 16 Miao Yu Minister of the Ministry of Industry and Information Technology met with a delegation led by Pony Ma Chairman of Shenzhen Tencent Computer System Co. Ltd. The two sides held in-depth communication and discussions over the new development trend challenges faced and policy regulation and other issues of the Internet industry.

Miao Yu gave full recognition of Tencent’s contributions to industry development and social progress and pointed out that the development of emerging businesses represented by the Internet are bound to present new regulatory challenges problems that emerge in the development process need to be solved through development and encouraged Internet enterprises to actively take part in key national science and technology projects and push forward the development of relevant patents and technologies. Miao Yu hoped that Internet enterprises represented by Tencent will continue to persist in technological innovation service model innovation and business model innovation enhance their platform strengths adhere to the integration of industrialization with IT applications and use IT to promote the development of small- and medium-sized enterprises.

Pony Ma and his delegation introduced Tencent’s revenues platform opening strategy innovative business network security and participation in science and technology innovation examined the new trends of industry development and the challenges and problems facing China’s Internet industry.

The meeting was also attended by officials from the Ministry of Industry and Information Technology’s General Office Department of Science and Technology Software Department Telecom Administrative Bureau Communication Security Bureau and Department of IT Application Promotion.