Pony Ma: Internet companies should further cultivate Chinese market

Pony Ma, chairman and CEO of Tencent, attends the 2016 China Unicom Partners Conference in Qingdao, East China′s Shandong province, Nov 3, 2016. [Photo/IC]

Pony Ma, chairman and CEO of Tencent Holdings Ltd, said to media during the third WIC that Chinese internet industry's development has distinct Chinese characteristics.

"In the long march to build China into an internet power, Chinese internet companies should not just be a spectator but have the responsibility to contribute their powers," he said.

"There are many Chinese mobile internet products and services leading in the world. As recent media reports, even Silicon Valley has begun to learn from innovations in Chinese internet."

Ma said Chinese market is large and deep enough for internet companies to focus on and he is confident that Chinese companies are competitive players in international mobile internet market.