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1st Annual China Financiers Forum 2011

Forum Theme and Background:

Platform Economy and Third-party E-payment

Globalization, rapidly evolving information technology, and the internet revolution will be the key drivers behind business innovation in the 21st century. The overwhelming success of Apple’s iPhone and iPad, classic examples of disruptive innovation, suggests that we are entering an era of the platform economy. Nowadays, this “platform” is a key concern for the future development of businesses. Among the competition of this new environment, it’s absolutely critical for Chinese enterprises to revise their approach to business, abandon outdated paradigms toward dealing with competition, and embrace the revolution brought by the platform economy. Third-party e-payment is not only a new platform, but a direct route for rapid fund flows into the booming e-commerce sector.