On September 19th, under the banner of ‘Artificial Intelligence and Big Data Forum: Digital Economy Fusions the Silk Road and Artificial Intelligence Shaping the Future’ hundreds of guests from China and around the world gathered in Hangzhou, China to explore the key topics of Artificial Intelligence and Big Data, share ideas for cooperation, delve into opportunities for activating the value of data and offer insights into the future of digital technology and business models.
The Conference, initiated by the National Development and Reform Commission and the People’s Government of Zhejiang Province, was hosted by the Chinese Association for Artificial Intelligence, China Center for Promoting the Belt and Road Initiative, National Development and Reform Commission, and organized by Jusfoun Big Data Information Group, was a major gathering of governments, think tanks, businesses, and entrepreneurs and organizations from home and abroad, Chinese and foreign think tanks, and entrepreneurs from emerging industries, to explore how Big Data and Artificial Intelligence can be better integrated with the physical economy.
Guests shared their perspectives and practices on digital transformation focusing on the need for greater international cooperation and exchange. TAN HONG PIN, President of Local Government, Science and Crafts Committee of Johor State, Malaysia, pointed out that a relatively intractable problem in Johor and even Malaysia is falling into the "middle-income trap", Digital Economy will be the effective path to lead the region out of its sluggish growth.
DAMDOROV KALON, Commercial Counselor of the Tajikistan Embassy in China, pointed out that Tajikistan and China are strategic partners with economic development being an important feature of the relationship. In particular, the cooperation embraces infrastructure development, industry, energy, water resources development, communication, banking and finance, real estate development, mining, agriculture, construction materials, and the textile industry. Tajikistan hopes to seize unprecedented development opportunities in the fields of eco-tourism, health care and other emerging Big Data plus industries to jointly extend digital economic and cultural exchanges between the two countries.
SERGIO ORTIZ LUIS JR, Honorary Chairman of Philippine Chamber of Commerce & Industry, pointed out that in the past five years, China has become one of the top five exporters of Philippine products and one of the largest bilateral trade partners of the Philippines. Sino-Philippines cooperation is expected to deepen. The Philippines works hand in hand with others in the region and across the globe to join in and contribute to upgrading the Big Data industry.