"More than half of the weight of the digital economy is in the field of life services, and the combination of the mobile Internet and various scenarios of life services has just begun, and will undergo great changes in the next decade." said Yao Jinbo, chief executive officer of 58 Group, on Nov. 17, while attending the Digital Economy Forum of the Third World Internet Conference - Dialogue between Chinese and Foreign Politics and Enterprises. Dialogue between Chinese and Foreign Politics and Enterprises", Yao Jinbo, CEO of 58 Group, said this?

Innovation of digital technology gave birth to the Internet, and the prosperity of the Internet gave birth to the digital economy based on digital technology. As of June 2016, there were 710 million Internet users in China, including 656 million cell phone Internet users, and there is a natural advantage for the development of a digital economy in China.?

On the morning of November 17, Yao Jinbo attended the Digital Economy Forum-China and Foreign Government-Enterprise Dialogue at the Third World Internet Conference, where he joined government representatives from around the world and leaders of globally renowned enterprises to discuss the promotion of the digital economy to global economic development and the improvement of people's lives.?

The theme of the forum is "Digital Economy, Injecting New Vitality into Economic Development". When mentioning how the digital economy can improve the life of the people, Yao Jinbo said that academics, government and enterprises mention the digital economy, but the people are more concerned about the impact of the Internet and mobile Internet on their lives, and about the practical applications. Mobile Internet + life services will change dramatically in the next decade. There are three main reasons:?

First, the availability of various conditions. Network technology, the convenience of payment channels, the improvement of the credit system, etc., so that the Internet is being used by more people who we once thought were furthest away from it in high frequency, such as restaurant owners, waiters, etc., and in the future, there will be even more such use.?

Secondly, life service is essentially an information-connected service, and its natural characteristics dictate that it is the easiest area to be changed by informatization, by big data, and by the mobile Internet. Let the change come, life services will get multiplication level change, which is why the life service field, as long as the birth of a company, will bring a huge impact on the traditional industry.