"We can witness and have witnessed a very interesting and powerful development of the Chinese internet economy", Thorsten Hülsmann, managing director of International Data Spaces Association, said in an exclusive interview with the China Daily website during the 2023 World Internet Conference Wuzhen Summit.
Based on his observation and experience over recent years, Thorsten attributed this progress to the leadership's implementation of important strategies aimed at advancing internet technology and the economy. He also highlighted how China's data processing capacities from Chinese companies are among the leading ones in the world.
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The World Internet Conference (WIC) was established as an international organization on July 12, 2022, headquartered in Beijing, China. It was jointly initiated by Global System for Mobile Communication Association (GSMA), National Computer Network Emergency Response Technical Team/Coordination Center of China (CNCERT), China Internet Network Information Center (CNNIC), Alibaba Group, Tencent, and Zhijiang Lab.