Big Data Expo becomes indicator of big data development, international platform for Digital Silk Road construction

On May 27, the Forum on "Belt and Road" Big Data Innovation and Entrepreneurship Cooperation took place in Guiyang, bringing together big data experts, entrepreneurs and investors from over 10 countries, to discuss international cooperation in big data application and explore new ideas for big data development.

Luo Min, Director of the Industrial Culture Development Center of MIIT, delivered a speech. As an important node city in the "Belt and Road", Guiyang has integrated itself into "Belt and Road" construction, endeavored to build a new highland for big data industry development and achieved fruitful results, said him, noting that Big Data Expo has become an indicator of big data development, as well as an international platform for Digital Silk Road construction. As Chinese consumers use Apps more, Alibaba and Tencent have got a lot of information from consumers' use of Alipay and WeChat, which is a great information source for marketers, said Philip Beck, Chairman of Dubeta, adding that this is beyond the ability of Facebook and Instagram. China is open to innovation, take e-payment for example, can you imagine scanning QR code to pay in Europe, Australia and the U.S.? I do not think these countries can make it in the coming five years, said David Kovacs, a member of the European Chamber and Co-founder of Yes Startups, Hungary, adding that Westerners can learn a lot in China.

Big Data Expo 2019 attracted 26,008 guests from 59 countries and regions, including 33 “Belt and Road” countries and regions.