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China Entrepreneurs Forum: Seizing the opportunities

chinadaily.com.cn | Updated: 2020-11-23 09:48
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Peggy Yu Yu, executive director of Dangdang

Peggy Yu Yu, executive director of Chinese online book retailer Dangdang. [Photo/China Entrepreneurs Forum]

The internet has created three major wealth in the past 20 years: institutional innovation, venture capital, and the model of obtaining wealth fair and square.

China's business-to-consumer model still has a huge room for development. There will also be different markets and demands, as well as innovation. At the same time, the oligopoly concept cannot explain the originality and diversity of the Chinese internet market.

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