The world should make sure small businesses and developing countries benefit from globalization and offer young people opportunities to be involved in global issues, said Jack Ma, founder and chairman of China's online retail giant Alibaba.
Ma said at the Bloomberg Global Business Forum held in New York City on Wednesday that the world used to focus on supporting 20 percent of the big companies and that the situation has to change.
"I'm a believer of small is beautiful and small is powerful," said Ma in his remarks.
He urged the world to start focusing on the rest 80 percent of the businesses that have not had much support in the past.
Developing countries also deserve more attention in the global efforts of creating a more inclusive, sustainable, and healthy environment, he added.
"The world not only need G20, B20, we need G200 and B200," said Ma.
In his speech, Ma placed special emphasis on reforming education for young people in order to prepare them for the era of data technology.
On the young generation, Ma said "they do not want to get informed, they want to be involved."
He said that technology has destroyed many jobs but at the same time brought a lot of opportunities.
Countries around the world should teach the "kids to be very, very innovative, very creative" so that the kids will seize those opportunities, he added.
Related articles:
Related suggestion:
Demand recovery to be priorityGerman agribusiness giant Bayer confident in China's seed industryChinese BRIAhead of United Methodist gathering, African churches weigh their futureChina's PPI down 2.7 pct in FebruaryInvesting in the new: foreign firms tapping into China's emerging industriesMetamorphic rock oilfield in Bohai Sea sees cumulative proven reserves over 200 mln cubic metersChina's rural policy bank to increase financial support for rural revitalizationWealthy New Yorkers are ditching idyllic Manhattan townhouses for doormanIt's the first drug shown to slow Alzheimer's. Why is is it off to a slow start?
2.2478s , 6504.34375 kb
Copyright © 2024 Powered by World should focus more on small businesses, young people: Jack Ma ,World Watch news portal