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May 17, 2016

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Cook praises China’s tech entrepreneurs

APPLE Chief Executive Tim Cook yesterday hailed Chinese app developers and their contribution to the economy, as he began a visit to China following his company’s investment of US$1 billion in ride-hailing app Didi Chuxing.

“The momentum is absolutely incredible,” Cook said in a meeting with developers, government officials and journalists. He said developers in China have earned more than US$7 billion, more than half of it in the past 12 months.

“We are in the early phases of a tremendous growth,” he said.

“Government policies like Internet Plus act as the foundation of why I think the growth can be so incredible from here. They foster innovation and entrepreneurship throughout the Chinese economy.”

Cook is on his eighth China visit since becoming Apple CEO in 2011. He took a Didi taxi with Jean Liu Qing, president of Didi, to meet the developers yesterday morning.

The Apple chief regularly meets entrepreneurs when in China, and he said he continues to be impressed by them. China “is one of the most vibrant places in the world,” he said.

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