President Xi calls to build a digital China at Fuzhou Summit
April 24, 2018 Category China News Round-up, Weekly
Chinese President Xi Jinping called for the promotion of informatization and the building of a digital China in a congratulatory letter sent to the first Digital China Summit, which ran from April 21 till 24 in Fuzhou, capital of Fujian province. Digitalization, networking and the application of intelligent technologies are playing more important roles in promoting social and economic development, modernizing China’s governance system and capacity, and meeting the people’s ever-growing needs for a better life, Xi Jinping said in the letter.
The summit showcased China’s latest achievements in developing e-governance and the digital economy. Huang Kunming, Director of the Publicity Department of the Communist Party of China (CPC), addressed the opening ceremony, urging implementing Xi’s strategic thought and instructions on building China into an internet power. He also urged achieving breakthroughs in core technologies. Tencent Chairman Pony Ma and Alibaba Group Founder Jack Ma also spoke at the Summit. Jack Ma said a law on the digital economy is urgently needed to guide the development of internet companies in China. The country is the world’s largest e-commerce market, accounting for over 40% of the value of worldwide transactions, according to the McKinsey Global Institute.
Xi’s words were also seen as encouraging companies to incorporate advanced technologies including big data, artificial intelligence (AI), virtual reality (VR) and augmented reality into their products, according to Xiong Li, CEO of NetDragon Websoft, China’s leading online gaming and education developer.
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world