E-China Alliance Chairman Wu Ying addresses the opening ceremony of the 2014 China (Shenzhen) IT Summit in Shenzhen, south China's Guangdong Province, March 30, 2014. (Xinhua/Mao Siqian)

Alibaba Chairman Ma Yun (3rd L) talks with Lei Jun (2nd L), founder of China's Xiaomi Technology, during the opening ceremony of the 2014 China (Shenzhen) IT Summit in Shenzhen, south China's Guangdong Province, March 30, 2014. (Xinhua/Mao Siqian)

Lei Jun, founder of China's Xiaomi Technology, delivers a speech during the opening ceremony of the 2014 China (Shenzhen) IT Summit in Shenzhen, south China's Guangdong Province, March 30, 2014. (Xinhua/Mao Siqian)