Jack Ma (right), chairman of Alibaba Group Holding Ltd, poses for photos with a guest before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Yang Yuanqing, chairman and CEO of Lenovo Group Ltd, is pictured before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Lei Jun, founder and CEO of Xiaomi Corp, is interviewed before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Ding Lei, founder and CEO of NetEase Inc, speaks to the media before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Zhou Hongyi, chairman and CEO of Qihoo 360 Technology Co, is interviewed before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Cao Guowei, chairman and CEO of Sina.com, is interviewed before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Victor Koo, chairman of Alibaba Digital Media and Entertainment Strategy and Investment Committee, is interviewed before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Zhang Chaoyang (first left), chairman and CEO of Sohu.com, and Yang Yuanqing (second left), chairman and CEO of Lenovo Group Ltd, arrive at the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]

Zhang Yiming, founder and CEO of Toutiao (left), is pictured before the opening ceremony of the 3rd World Internet Conference (WIC) at the Wuzhen Internet International Convention Center in Wuzhen, East China's Zhejiang province, on November 16, 2016. [Photo/IC]