(Yicai Global) Dec. 18 -- China has been opening up to the world over the last 40 years in both domestic and international markets. We are where we are now because of the reform and opening up policy.
Our world faces more challenges in terms of poverty, the environment and technologies as reform has intensified, and we will overcome such them via innovation. We cannot keep on solving problems in old-fashioned ways which will hinder our pursuit of development. Innovation is the only way to solve the problems of the world.
(Jack Ma, founder of Chinese e-commerce giant Alibaba Group Holding)