March 27, 2016, Ma Yun participated in the second session of the Lake University opening ceremony. He said in his speech at the opening ceremony, hope the next twenty years, thirty years later, the future of China's five hundred strong, at least two hundred strong CEO from Lake university.

Ma Yun expressed the hope to build a new business civilization, because this time has come. Future lakeside students will be more than entrepreneurs, including some government officials, and even artists.

Lakeside by Ma Yun, Feng Lun, Guo Guangchang and other eight entrepreneurs and scholars initiated the establishment of each student school system for 2 years, every two months to focus on learning once every 4~5 days.

Ma Yun's speech excerpts are as follows:

Good morning, everyone, first congratulated the second phase of the students, thank our managers, also thanks to the first phase of the students, thanks to all the teachers, thanks to all the entrepreneurs.

Today the weather is good, although everyone is very worried about the economic situation, but there is always good, bad, choose at this time of school, I think it is very meaningful. The cause of the lakeside universities where, first as I said before, eight years ago, when the economic situation is not very good, wave of people, we do some business people mood also very depressed, suggested we go to a place called Bhutan, said that where the air is sweet, the environment is very beautiful, anyway, we are not in a good mood, go out to a trip.

To the side after that, found that the sweet air. But where the people have a special sense of happiness, the people there speak a happiness index, on the road, we learned many things, to communicate a lot about belief, faith, national thought, on the return flight, those of us who, like Mr. Feng Ye Hao, we at that time to a lot of people, the way we say companies so difficult, we said that the establishment of a private enterprise university, become China's economic development in the process of the Whampoa Military Academy. Everyone on the plane to jump on the bandwagon, my responsibility as the first principal, seven or eight years, almost on the outside, we see I are called the principal. Inside our company people also follow to call the principal, my heart inside the guilt, this thing promised, did not do up, promised, did not do.

Last year, we experienced a lot, many managers of nearly seven years of thinking, what are we going to do a what kind of school, the school with MBA have what distinction, and Harvard have what distinction, with Peking University and Tsinghua University what is the difference, we should recruit what kind of students? After a long period of time. In fact, a lot of time to think longer, do not necessarily want to do the right thing to do, first set up to say. With a strong, we after seven years of thinking, set up a lakeside university. On the first day, I talked with the first phase of the students, we have the idea of this school, all of the first phase, the second phase of the students to help us to create this lake university.

This lake University in the future how to go, we have to do their own private entrepreneurs. Learn some and teach some what, this is our own research, joint exploration. So we have the requirements of these students, the choice of direction, the way of admission is not the same as others.

I said the best schools, students are the first to be good, the teacher is good, it is very important, but the students themselves are very important. We may not be able to put the best students, the best Chinese entrepreneurs to recruit our lakeside universities to, but if we are in earnest to do, there is a day with such a mission, it is possible to do like this.

Why take lakeside university? Lake of this name because my business and my apartment called lakeside garden, we the apartment called Lake, so we then think each company has its own garage culture, each company started, there is such a thing.

So we simply identified as "lakeside", remember every entrepreneur. When lake entrepreneurship, really move any employee, no one is willing to come to our company today the school differences with other schools is a lot of people are willing to thousands of people to sign up, adding to the lakeside universities, but at the time I venture in the lakeside garden, no one is willing to come to my company. I at that time with eighteen founder joked, there is always one day Ali "its good reviews, account beauties". Over the past decade Ali insisted a direction, today Alibaba female employees accounted for more than 45%, should say the beautiful clouds, under the account Liangjiang rave reviews. I think today Alibaba group of reserve cadres, talent reserves, especially the generals of the reserve, I was very confident to say, in China and even in Asia, few such construction, both inside and outside of the sea. This is the development of vision, we want to achieve this goal, and to constantly strive to go today. Although the future Ali is not able to go for a long time, we do not know, but there is no doubt, always put our mission seriously, put our vision seriously, is likely to go to this day.

In front of the lakeside universities, we insist that these students, these students do not need to teach us, they will be very successful. Our responsibility is to find the training of entrepreneurs, entrepreneurs, because the spirit of entrepreneurs, entrepreneurs are difficult to be cultivated, but entrepreneurs can be found, can be trained.

We hope to gather such a group of entrepreneurs, we want to build a new business civilization, because we believe that the new era of commercial civilization has come. The development of the enterprise, in the next 100 years, 200 years, in this century will produce tremendous change, the first industrial revolution gave birth to the factory, nearly a hundred years ago, to energy revolution dominated the birth of the company, this technology revolution was born what kind of business organization form, plants, subversion created a revolution of the whole world, companies out of the time, the business environment is undergoing tremendous changes. This technology revolution to keep up with twice the difference was the release of the head of the people, the wisdom of the change, organization change, thinking will change. What kind of organization to adapt to the 21st century development, what kind of commercial civilization can be up in the survival of this century, what kind of company to here the development and variety of the world business have the opportunity, only you are how to think about these services, you are how to organize their own company or enterprise or how the organization to adapt to and create value.

In the lakeside universities is not only a professor, but a joint research project, a project, to find, discovery and creation, a platform which is suitable for the 21st century to adapt to the economy, we create more jobs, so that China's economy could be good. Actually here, later will not have what state-owned enterprises, private enterprises, large enterprises, small enterprises difference, you can only adapt to the new commercial civilization, whether have entrepreneurial spirit, whether the views are not the same, whether of not the same depth, breadth is not the same, whether to have strong feelings, this is we want to set up.

The school's vision, because the school set up a time soon, the degree of concern is very large, the president of Harvard and I discussed, the president of Yale and I discussed. Two days ago in Boao, Oxford University Business School Dean and I also discuss, everybody asked a question, how to our Lake University cooperation. I think well, clients, partners must not be less than, but today we after all only the first phase, the second phase has just begun, we have a lot of experience to learn, to the school's MBA learning to build a lot of rules, system, but we have to take different paths, but not for different now, of course, occasionally for different is also very good.

I think this school is the center of attention, but we do not think that the school has been out of the ordinary, our school is out of the ordinary today in the form above, all of our "three", there must be three years of entrepreneurial experience, must have thirty or more employees, must pay tax for three years, there must be thirty million turnover, we are not how do you foster entrepreneurship, we want to let you this enterprise can live longer, the last century to the scale of enterprise work, there must be enough scale to become large enterprises, in the lake not cultivating large enterprises, we cultivate good enterprises and enterprises such as people, people want to live well, to be happy, you want freedom, to live long, healthy. A business is nothing more than that, do business people, how to think about why we go to find a sense of well-being, because we are very tired, we are not happy. But some people do live a very happy, some companies do not, but very happy.

I want to be in this university, we will not teach you how to make money, to solve the problem of your employees today, these courses have? We will have, but this is not the main our school to teach something, we hope share this school is so that you can live longer, a living dog is better than a dead lion, life is the same, do business, too. You can live for a long time, there must be unique and wonderful moment too much, everyone together to do one thing, to do a project, a project to do, any to do a project, any to do a big project must to think it to you live long good? Second, to live a good life is good, is it good to live healthy, let oneself at ease, let oneself comfortable? The boss is not comfortable, the staff will not be comfortable, and it is not possible to be comfortable. So in this group, we hope here to form a kind of culture, make each enterprise live long, live for a long time, Chinese enterprises to live for more than 30 years is very little, and vision of the university is three hundred years.

The three hundred years we need to have a lot of work to do, even the financing, the first phase, the second phase by tuition, people say that more than 3 00000 tuition, I tell you, more than 3 00000 tuition, fraction of enough. Please a few foreigners, specifically to fly over and told everybody, round-trip air tickets one count, costs are not, like head of Blackstone fund last year, he flew twice class, fly back to, the key I still owe people very passionate, time than those who are expensive.

This group, we hope to work together, from the first day to build this school, to become the three hundred year. Our mission is to hope that in the era of the new business culture, training entrepreneurs was found, but the school is not only the entrepreneur. We will leave many positions to the overseas entrepreneurs, entrepreneurs worldwide and today we want the school future trained students with a global vision. Tell you enterprise globalization, what is the enterprise globalization, many people in the international school, I think to do not international school, to do is international schools, will speak English not is internationalization. Foreign business, not equal to you is an international enterprise, I in overseas investment, I in overseas factories, that international companies, two different things, you just in foreign countries have a factory. The meaning of internationalization is to have an international perspective, the international vision, the international value system, to create value for the local. So we hope that in this school, more international elements, but first phase, the second phase have a little hard, we the 7th period, the period of eight, the will make this, we hope that the.

Second, we also hope that there are a lot of young government officials, also be able to study here, businessmen and businesses now known as the pro, clear, is close, clean. Only mutual understanding, in order to go to this day, government officials must have such a sense of. I hope one day, 20 years, 50 years, 80 years later, there are a lot of Chinese government officials, politicians, I have received the lakeside universities commercial awareness training, to understand the results oriented, efficiency oriented, and a sense of fairness. We also hope to have many artists to participate in this school. Because in this school, I just said, money is not what we teach you, fluff the things we don't teach, because you love to do business, to do business, will enter the field, because of love, your skills will improve, you continue to grind.

In this school, we hope that the birth of the entrepreneur is a feeling, there is a vision, there is taste. But this isn't our teaching, which is a platform, the lakeside universities with this platform, today we have a group sponsored by the board of trustees, the trustees. We are determined to work together to run the schools, we will please all kinds of people, forcing you to listen to some not willing to listen to the East West, some you don't go to class, many people said this is of no use, because it doesn't, you just want to learn useful, you can find. So sometimes, many of our classes, not on Saturday and Sunday, we must in your busiest time, you even two days this time are not good, you also do enterprise, how do you manage your time, you are busy, principals is busier than you, teachers than you to busy, the family business than you also. Do you think this thing is useless, I told you this thing is very useful, you feel better than we know, what are you doing here.

Ten years ago, Alibaba's vision is thirty years later, China five hundred, two hundred CEO from the Alibaba system inside the trained group. Today, we transfer this mission to the lakeside universities. Next 20 years, 30 years later, China top ten characters, four each year to the lakeside universities here have a relationship with, have such idea, thought that the idea, the future of China's top 500, at least 200 strong CEO from the lakeside universities. We hope China many government officials say I benefit from here, we hope a lot of artists that we benefit from here, we hope that we have many educators in the lake university learning there are too benefit, if this can be made, regardless of whether you continue to do entrepreneurs in future, but in the lake inside the University for three years, can bring you happiness, know what is healthy, what is freedom, so far, the school's mission, we are not out of the words, the values did not come out, we are going to build together, work together and make this school into twenty-first Century truly great entrepreneurial spirit University, thank you.