Internet tycoons on World Internet Conference

Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at a launch ceremony of Xiaomi Phone 4, in Beijing, July 22, 2014. [Photo/Agencies]

Lei Jun, founder and chief executive officer of Xiaomi Inc:

"In the PC Internet era, China lagged the United States. In the mobile Internet era, China and the US are at the same starting line. In the Internet of Things era, China will lead the world with advantage of supply chain and manufacturing. I hope that the 2nd World Internet Conference will be held successfully, become a grand global Internet meeting and show advantage of China's Internet to the whole world."