TV Shows Reinvigorate Traditional Chinese Culture

Oriental Outlook Issue No. 16， 2018

A spate of culture-themed TV shows， including those on poetry， national treasures， and famous peoples books and letters， have turned out to be quite welcome among Chinese viewers.

It is estimated that 50 such TV shows were aired on TV screens and video websites in 2017， all achieving high ratings. The most popular ones， such as“National Treasure” and “Readers，” have generated a flurry of activity on social media， thus further reinvigorating traditional Chinese culture.

Culture is the very soul of a country or nation. A country will thrive only if its culture thrives， and a nation will be strong only if its culture is strong. Figuring out innovative ways to promote and develop traditional Chinese culture in the new era is one of the most important things China is working to achieve.

Innovations have been made in the production of culture-themed TV shows by incorporating entertaining elements. Such efforts have paid off， receiving warm responses from young audiences， who are confident and proud of Chinese culture， and their support will in turn boost the potential of such culture-themed TV shows.

Protecting Online Privacy

China Economic Weekly Issue No. 16， 2018

For a long time， people were aware of the problems of online privacy invasion， but most people never really paid them any attention.

In the Internet era， personal information， including basic information that distinguishes your individual identity， finances， login name or nickname， phone records， and Internet browsing history， can be leaked both in active and passive ways. For example， your home address is likely to be exposed if you take a picture of your balcony and post it on social media. While enjoying the convenience of information technology， we provide our personal information to Internet companies， but we seldom think about the possibility that our information could be leaked and abused.

How do we protect our online privacy through laws and regulations， as well as technologies？

On May 1 this year a specification on information security technology and personal information security took effect， which serves as a standard rather than a regulation that requires mandatory compliance. Relevant businesses should check their practices according to the specification in terms of collection， retention， use， sharing， and transfer of personal data.

Tencent Eyes Cultural and Creative Industries

China Financial Weekly Issue No. 9， 2018

Business development allows culture to thrive and more cultural development in turn nurtures business.

As one of the largest Internet culture companies in the world， Tencent recently announced a new strategy concerning cultural development.

For the past seven years， Tencent has established roots in several cultural sectors such as animation， literature， film and television， and electronic sports. Yuewen Group， a subsidiary of Tencent and the countrys largest online publishing and e-book company， went public in 2017 and plans an IPO. With its vast cultural network， Tencent has attracted hundreds of millions of users around the globe.

Ma Huateng （Pony Ma）， CEO of Tencent， at the annual sessions of Chinas top legislative and advisory bodies in 2018， advised that science and technology should be combined with culture. He pointed out that the international competitiveness of Chinese culture needs to be strengthened.

Cheng Wu， vice president of Tencent， said that Tencent puts equal emphasis on cultural value and commercial value. Tencent plans to explore the cultural value of Intellectual Property （IP） to expand its influence.

Tencents efforts have blazed a trail for the development of Chinas Internet culture industry， which still faces many challenges.

Alibabas Investment Roadmap

Economic Weekly Issue No. 7， 2018

When Alibaba bought full control of Ele.me， a Chinese food delivery company， Zhang Xuhao， Ele.mes founder， became chairman of the company. Zhang has also been appointed as a special advisor to Alibabas CEO to assist with a new retail strategy. Alibaba has switched its focus from financial investment to strategic investment since 2013.

Today， besides shoring up its core business， Alibaba has expressed interest in other sectors. Recently， its investment roadmap has attracted wide attention from the public.

“On one hand， Alibaba aims to enhance its current business and raise efficiency through acquisition and investment； on the other hand， Alibaba is interested in investing in emerging areas that will shape the industries in the future， such as AI，” said Xie Ying， Alibabas investment director.

Alibabas investment roadmap is very clear， centered on its core development strategy， enhancing its current business， serving the real economy， and developing new technologies. Alibaba invests in relevant areas that help it to improve its core business， and expand its development along the industrial chain， while the companies which have been acquired or invested by Alibaba are expected to embark on a new journey after joining the Alibaba ecosystem.