On the occasion of the 120th anniversary of Beijing Jiaotong University, the third international academic conference "Management, Innovation and Development" (MID2016) was held in Beijing recently. Famous scholars from more than 20 domestic and foreign institutions of higher learning, including Tsinghua University, Peking University, the University of Chicago, Zhejiang University, the University of Birmingham, Renmin University of China, Shanghai Jiaotong University, Fudan University, as well as the Economic Bureau of the Policy Research Office of the Central Committee of the Communist Party of China, the Decision Advisory Department of the National School of Administration, the Industrial Technology Research Association of the National School of Economics and Management Experts from the China Society for Social System Analysis and the Research Base of Philosophy and Social Sciences of Beijing Jiaotong University gathered in Beijing to conspire on the research and development of "strategic management in the Internet era". This session was presided over by Professor Cui Yongmei, Vice Dean of School of Economics and Management, Beijing Jiaotong University.