Mar 07, 2018 08:31 PM

Billionaires Suggest Legislation on Belt and Road, ‘Digital China’

Some of the richest people in China, 29 of whom made it onto the latest Forbes World’s Billionaires List, are lawmakers now attending the annual meeting of the nation’s top legislature.

Pony Ma Huateng, chairman and CEO of internet giant Tencent Holdings Ltd. and now the wealthiest person in Asia, has been present at the National People’s Congress every year since 2013, except for the 2014 session, which he missed due to health issues.


This year, Pony Ma repeated his 2017 proposal to establish a “digital China” in which the internet and technology does not only involve businesses, but also benefits the people’s livelihood and governance.

Pony Ma said that blockchain technology is a great innovation, but Tencent will not enter the risky cryptocurrency industry, the most well-known application of blockchain.

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