Bloomberg:
My question is for Mr. Liu. It was reported that Facebook had registered an incubator platform in Hangzhou this year; however approval was later withdrawn. Does it indicate that internet companies like Google and Facebook will be restricted by the Chinese government from expanding their non-social and non-search businesses in China? Thank you.
Liu Liehong:
Thank you for your question. As far as we know, Facebook made contacts with relevant agencies in Hangzhou, but has not got the business license for its subsidiary in the city. I would like to reiterate that China is willing to share the opportunities of its internet development with the rest of the world. Foreign internet companies are welcome to develop their businesses in China as long as they abide by our laws and regulations, observe rules made by relevant agencies as well as respect China's history and culture.
Thank you.
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