From your perspective, what are the characteristics of a powerful internet driven country? What do you think are the advantages and challenges that China faces in becoming a powerful internet-friendly economy?

Chen Jin: China has three great advantages which we should never overlook.

First, China has the largest single market based on population and consumption capacity all over the world, which is one of the most important developing features to be a powerful internet country.

Second, China has strong clusters of internet and associated production, including software and hardware manufacturing areas.

Third, we have a young generation of knowledge-seekers and innovators, which is also very important for a country's internet development.

And, of course, there are some challenges we have to think about and overcome in order to move forward.

For example, we still have a long way to go in terms of fully preparing ourselves with a perfect legal environment. Generally speaking, investment in basic research is still insufficient.

Nathan Blecharczyk, co-founder, CSO, and chairman of Airbnb China. [Photo/China Daily]

Nathan Blecharczyk: A powerful internet nation is one that embraces innovation such as the sharing economy. This is where Airbnb sees China's strength. The past three decades have shown that China is a vibrant economic environment that has allowed businesses and industries to flourish. China has opened, and is continuing to open, to foreign enterprises.

China's leadership offers solid backing and policy support for the internet industry and sharing economy. A big positive in this regard is the Chinese government's rich experience in formulating industry-friendly policy. This offers a strong reference point. Governments the world over should learn from it.

Gong Yu: China is currently transforming itself into a leading internet power.

President Xi Jinping recently said at the 19th National Congress of the Communist Party of China that the country would promote deep integration of the internet, big data, artificial intelligence into the real economy.

In other words, in the future, the internet and other related technologies will promote the continuous transformation and upgrade of the real economy through integration with other industries, and thus lay a solid foundation for sustained economic growth.

This is also the way China must go to become a leading cyber power.

Thanks to the government's open attitude and supportive policies as well as the steady growth of the overall economy, China's internet industry has experienced rapid development in recent years.

In order to sustain the long-term development of the internet-based industry, China needs to adhere to technological innovations and attach more importance to the establishment of talent training mechanisms. That would provide continuous driving power for the long-term development of China's internet industry.