Internet giants that caught Xi's attention at Wuzhen

Editor's note: During the Second World Internet Conference that concluded in Wuzhen on last Friday, President Xi Jinping showed up in person and delivered a keynote speech, a proof of the unprecedented attention the government gives to the development of Internet in China. By taking personal interest, Xi showed that the development of this sector is a priority. The following is a list of Internet giants that Xi showed interests in during the event.

President Xi Jinping (C front) talks to Jack Ma (left), founder and chairman of Alibaba Group, during his visit to the "Light of the Internet" expo in Wuzhen, East China's Zhejiang province, Dec 16, 2015. The expo, part of the Second World Internet Conference held last week in the riverside town of Wuzhen, displays the latest Internet technologies and products in China and abroad. [Photo/Xinhua]

Xi's first stop - Alibaba booth

The exhibition booth of Alibaba Group was Xi Jinping's "first stop" during his visit to the "Light of the Internet" expo in Wuzhen of eastern China's Zhejiang province on Dec 16, 2015. Jack Ma, founder and chairman of Alibaba Group, introduced the development and trends of his company.

Ma said that through the company's online transaction platforms, 8.5 million active sellers have served 386 million customers from around the world. The company has created about 10 million direct job opportunities and 3.52 million indirect job opportunities. Its total transaction value this year is expected to exceed $490 billion (3 trillion yuan), which is bigger than the combined global transactions of walmart.com.

Ma also "presented" his plan which includes promoting the development of rural e-commerce to eradicate poverty, setting the rules for E-World Trade Organization (E-WTO) and realizing 72-hour delivery to the whole world, as well as taking the lead in the new era of data technology and boosting the development of traditional industries.