Top 9 Chinese tycoons invited to govt headquarters

Updated: 2014-07-29 09:44

(chinadaily.com.cn)

When the President of the United States wants to hear public opinions and suggestions, he invites entrepreneurs, scholars, and grass-root representatives to the White House in Washington DC. The 10 Downing Street in London is the address where the British Prime Minister holds meetings.

Similarly, when the Chinese Premier wants to meet somebody, he invites them to Zhongnanhai, the official headquarters of the Chinese government in downtown Beijing.

Premier Li Keqiang regularly hosts forums at the "First Conference Room" in Zhongnanhai. The discussions enable him to hear public opinions and suggestions about the government.

An increasing number of entrepreneurs have attended such forums since 2013. Additionally, entrepreneurs in new industries, such as Internet and E-commerce, have also taken part.

Let's take a look at some of the big wigs of China's private companies who have been invited into Zhongnanhai since Li took helm of the State Council.

Zhang Chaoyang

Position: CEO of Sohu.com Inc

Meeting Date: July 14, 2014

As the investor and founder, chairman and current CEO of Sohu.com Inc, Zhang has made the Nasdaq-listed company one of China's most popular web portals with operations in online media, search, gaming, community and mobile services. Sohu's total revenue for the first quarter in 2014 rose 19 percent to $365 million. Online advertising was up 51 percent at $175 million.

Zhang suggested at a recent forum that the government should implement lower investment thresholds, toughen penalties for infringements of intellectual property rights (IPR) and tackle the issue of high broadband cost in China.

 

Top 9 Chinese tycoons invited to govt headquarters

Zhang Chaoyang (second right), president of Sohu.com Inc, and celebrities make a presentation. [Photo/CFP]

 

Top 9 Chinese tycoons invited to govt headquarters Top 9 Chinese tycoons invited to govt headquarters Top 9 Chinese tycoons invited to govt headquarters

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