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The
Cyberspace Administration of China said its official publication
had carried out interviews with companies such as Tencent
Holdings and Alibaba Group and TikTok owner ByteDance after the
Jan. 28 meeting, which was held with 27 firms to discuss
"healthy and sustainable" development.
"Everyone agreed this symposium enabled internet firms to have a
clearer understanding of the development situation, strengthen
their confidence towards development and firmly grasp
development opportunities," the CAC said on its official WeChat
account.
The comments from the CAC come after what has been a bruising
year for the once-freewheeling tech giants, which have been
heavily targeted by regulators as part of a campaign to exert
more control over swathes of the economy after years of runaway
growth.
Investors have been watching closely for clues on whether the
worst is over, given how the crackdown has roiled global markets
and technology stocks over the past year.
The CAC quoted Tencent founder and CEO Pony Ma as saying that he
had organised a "study of the symposium" for the social media
and gaming giant while Qihoo 360 Technology Co Ltd chairman Zhou
Hongyi said it had established "clear coordinates".
Alibaba CEO Daniel Zhang told the CAC it would improve its
strategy to better serve its platform users.
ByteDance China chairman Zhang Lidong was quoted as saying it
would "proactively" adjust its business focus and goals to
continue efforts to develop technologies including virtual
reality, and actively crack global markets and compete with
mutinationals.
Tencent, Alibaba and ByteDance declined to comment. Qihoo 360
did not immediately respond to a request for comment.
(Reporting by Eduardo Baptista and Yingzhi Yang; Editing by
Brenda Goh and Raju Gopalakrishnan)
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