Macau should make use of the Internet and big data to build itself into a data city, Jack Ma, the founder and executive chairman of e-commerce giant Alibaba Group, said at University of Macau (UM) yesterday.
Ma, also known as Ma Yun, made the suggestion during a public lecture hosted by the Zhejiang Chamber of Commerce, which is headed by the 51-year-old business magnate and philanthropist, at the public university on Hengqin island.
Ma also said the city should establish a new type of Internet financial system, instead of building an ordinary one, “on top of its existing foundation”, adding that he had discussed the idea with Secretary for Economy and Finance Lionel Leong Vai Tac, who was among several hundred attending yesterday’s lecture on the UM campus.
Chief Executive Fernando Chui Sai On (right) hands Jack Ma, also known as Ma Yun, a framed certificate appointing him as a consultant to two government-appointed advisory bodies, at Chui’s official residence on Penha Hill yesterday. Photo: GCS
Jack Ma, the founder and executive chairman of Alibaba Group, delivers a lecture at University of Macau (UM) yesterday. Photo: Davis Ip
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