Private enterprises of science and technology innovation capacity is better than state-owned enterprises, private enterprises to science and technology faster and more benefits to more people
I think there are some prejudices in this. Private enterprises in the ability to innovate, I think it is not bad, it should be worse than the state-owned enterprises. I have seen in the past "government work report" mentioned in the country's R & D spending accounted for the proportion of our GDP, about 2.5%. In the central enterprises, R & D costs accounted for their total revenue accounted for only a little bit, is lower than the national average. In private enterprises, such as enterprises such as Baidu, we are almost the past two years, R & D costs accounted for about 15% of total revenue, is very high. So do not think that private enterprises is short of sight, just look at the immediate interests, but not long-term interests, do not want to invest in research and development. It is not like this, I think this is prejudice.
Secondly, if we let us and some research institutions than the words, our R & D capabilities in many areas is also unique. This summer, I am in the United States Silicon Valley and some friends in the industry to eat and chat, including a Stanford professor, is also the study of artificial intelligence, he at the dinner table and we said: Now we have not studied the academic depth of learning, we know the depth Learning is the most popular sub-area of artificial intelligence, and he says they have not studied the depth of learning, because the study, but the industry. He said that in the industry, on the one hand you have a lot of data, on the other hand R & D funding is far more than academia, so that in fact, in the industry, translated into the domestic language is that these private enterprises, similar to the depth Learning such areas, these aspects are still very advantageous. So, I think the private enterprises Ye Hao, state-owned enterprises Ye Hao, universities or research institutions Ye Hao, have their own good place, so that private enterprises to participate in the national engineering laboratory research work, and even lead to do the work, I think Are the right, I also feel that the country has made a correct decision.