Ma backs female entrepreneurs

Peng Lei, Alibaba's chief human resources officer and CEO of Alipay, speaks at the Global Women Entrepreneurs Conference in Hangzhou, Zhejiang province, on May 20, 2015. "One characteristic of women is that they are fond of having dreams. When I have a new business to start, I often dream of changing the world a bit," says Peng. [Photo/CFP]

Lucy Peng, chief people officer of Alibaba Group Holding Ltd

Women should take advantage of their characteristics and not give up on instinct, said Lucy Peng, chief people officer of the Hangzhou-based Alibaba Group Holding Ltd.

"One characteristic of women is that they are fond of having dreams. When I have a new business to start, I often dream of changing the world a bit," Peng said.

Peng said the second characteristic of women is being unreasonable.

The third characteristic of women is that they sometimes can be narrow-minded.

Peng said women cannot give up their instincts because they are entering a data technology period and it is important to have a clear picture and somatic senses.

Women should find ways to relax, she said.