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Half the world is on the Internet. By the end of June 2015, China recorded a total of 667 million Internet users. Taobao and Tmall, Alibaba Group’s giant e-commerce platforms, posted a record-breaking RMB 91.2 billion on Singles' Day, 2015; and Alibaba Group with its annual sales volume of RMB 3 trillion, has surpassed Walmart to become the world’s largest retail platform. Dr. Ming Zeng, Chief Strategy Officer of Alibaba Group, will first give an insider’s account of how Alibaba was able to scale up its operations from Jack Ma’s humble operations into one of the world’s largest companies. He will further discuss how the Web technology is transforming China’s consumer and production economy.