China’s Big Tech: From Free Development to Strict Regulation

... Congress. Incidentally the very phrase "Internet Plus" was used by Ma Huateng even before Li Keqiang announced the program. Therefore, some speculate that the head of Tencent influenced the formation of the new concept of digitalizing the economy. His competitor, Jack Ma, the head of Alibaba, repeatedly spoke about the importance of big data as a new source of economic growth. His recommendations were allegedly reflected in the 13 th five-year development plan (2016–2020). Whether or not this is true is impossible to verify, but ...