Alibaba Group's CEO, Simon Hu, announced that Alibaba Cloud will amplify its investments to empower Chinese enterprises in their global expansion endeavors. This strategy encompasses leveraging strategic resources to establish a comprehensive global cloud computing network, accelerating the internationalization of AI products, and reinforcing the development of overseas consulting, technology, and service teams. Presently, Alibaba Cloud boasts 87 availability zones across 29 regions worldwide. Over the next three years, the company intends to invest over RMB 380 billion in cloud and AI hardware infrastructure. Additionally, Alibaba Cloud will offer compliant and efficient solutions to ensure that Chinese enterprises achieve sustainable growth in the global market.