Cheng Wei (L), CEO of Didi Kuaidi, talks to President Xi Jinping (2nd R) during Xi' visit to "Light of the Internet" expo on Dec 16, 2015. [Photo/qq.com]

Visit to Didi Kuaidi's booth

During President Xi's visit to the "Light of the Internet" expo, the CEO of Didi Kuaidi, China's largest car-on-demand service provider, talked about the development of Didi Kuaidi's business and his expectations of the industry.

"Didi Kuaidi gained rapid expansion in the past three years while competing with the US rivals," Cheng Wei told President Xi.

The company has invested in Lyft, GrabTaxi and Ola to reach nearly 50 percent of the world's population, he said.

Cheng also showed President Xi the big data platform of Didi Kuaidi through which he hopes to provide better services for Chinese citizens.