Tech innovation to help narrow information gap

Robin Li, chairman and CEO of Baidu Inc. [Photo/IC]

"The competitiveness of traditional industries is comparatively weak and the operating efficiency of the industries is relatively low in developing economies such as China. But due to these factors, people involved in traditional industries in developing economies are more open-minded than their peers in their developed counterparts, and are more willing to embrace the opportunities brought by the Internet. So now we can see in developing economies that the integration of online and offline resources is improving the overall user experience, which is rarely seen in developed economies such as the United States."