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China willing to promote Digital Silk Road construction with all parties: senior official

XI'AN, April 16 (Xinhua) -- The Chinese government is willing to work with all parties to promote the construction of the Digital Silk Road and share the dividends of digital economic development, a senior official said in Xi'an on Tuesday. Wang Yong, vice chairman of the 14th National Committee of the Chinese People's Political Consultative Conference, made the remarks when addressing the opening ceremony of the World Internet Conference's Digital Silk Road Development Forum. To bring the construction of a cyberspace community with a shared future to a new stage, China also hopes to deepen cooperation on digital technology innovation, strengthen digital cultural exchanges and mutual understanding, and work with all parties to create a set of digital governance rules, Wang said. He noted that he expects the forum to inject new impetus into the high-quality development of the Belt and Road, and to create a new platform for international economic cooperation. Themed "Connectivity and Shared Prosperity," the forum has attracted participants from nearly 50 countries and regions around the world.

News Apr .17, 2024
Across China: Digital Silk Road promotes e-commerce between China, Pakistan

TIANJIN, Sept. 4 (Xinhua) -- Before sleeping, Kashan Khan, a Pakistani doctoral student of Tianjin University in north China's Tianjin Municipality, ordered vegetables and meat for cooking on a shopping app on his mobile phone, and he would pick up the goods on the way to the dormitory the next day."The online shopping in China is really convenient. I don't have time to go to shopping malls or markets. I can buy everything I need online, even the flowers for my girlfriend," said Khan, who was busy with scientific research, and online shopping helped save a lot of time for him.China's digital trade has developed vigorously in recent years. According to the data released by the China Academy of Information and Communications Technology, the scale of China's digital economy increased by 4.1 trillion U.S. dollars, with an average annual compound growth rate of 14.2 percent from 2016 to 2022."I have lived in China for seven years. I saw the rapid development of e-commerce, mobile payment, and artificial intelligence in China by myself. I really hope that Pakistan can promote a digital economy like China and people in my hometown can benefit from this economy mode," said Khan.In fact, Khan's wish has come true, as the dividend of China's booming digital trade has provided a pool of business opportunities and injected fresh hope into countries along the Belt and Road.To keep up with the digital transformation trends, the Digital Silk Road was launched. The Belt and Road Initiative (BRI) technology dimension extends from the ocean floor to outer space, enabling artificial intelligence, big data applications, and other strategic internet solutions.As of November 2022,China had established the Digital Silk Road cooperation mechanism with 16 countries and advanced Silk Road E-commerce bilateral cooperation mechanism with 26 countries, including Pakistan.Samoyed Cloud Technology, a Chinese scientific and technological enterprise focused on artificial intelligence, big data, mobile Internet, and cloud computing, tapped into the vast potential of the market of Pakistan's digital economy and launched the e-commerce platform EZTRADER to provide digital trade services for the local retailers importing Chinese products."Chinese products are popular in Pakistan. Since the platform EZTRADER was launched in May of this year, it has attracted more than 3,000 local retailers, completely exceeding our expectations," said Lin Jianming, chairman and CEO of the company.Muhammad Rizwan, a 35-year-old retailer of mobile phone accessories in Rawalpindi, Pakistan, settled in EZTRADER swiftly after it was launched."E-commerce platforms provide a centralized space where businesses can connect, negotiate, and conduct transactions. We don't need to search for potential partners or clients individually. We can trade directly with manufacturers or suppliers in China without intermediaries. This can significantly reduce the cost," said Muhammad Rizwan.Alibaba.com, an online business-to-business marketplace for global wholesalers under the Alibaba Group, has launched foreign trade business in many countries along the Belt and Road. Pakistan topped the number of overseas wholesalers on the platform, and the annual growth rate of the number of Pakistani wholesalers was over 64 percent during the COVID-19 pandemic.For lack of capital and sales channels, a Pakistani couple, Aziz-ur-Rehman and Sadia Aziz, struggled in the first two years after they had established their own baby clothing brand with their savings of 1.5 million rupees (about 18,000 U.S. dollars) in 2018.In 2020, Alibaba.com provided them with complete online business solutions and online training sessions. Their company was connected with global customers through the platform and turned losses into profits."Up to now, our company's business revenue was over 3 million rupees and grew at a rate of 1 million rupees per year. China provided us with a lot of opportunities in the digital economy. We believe Pakistan's digital economy is promising in the future," said Aziz-ur-Rehman.

Unimpeded Trade Sep.5, 2023
Digital silk road will further advance financial integration across globe: expert

Marc Uzan, founder and executive director of the Reinventing Bretton Woods Committee, at the 2rd Annual Belt and Road International Think Tank Forum. Source: globalpeople.com.cn The Belt and Road Initiative (BRI), which has gone through an “evolutionary process” in the past seven years, has turned from an economic program into a global governance project that incorporates various sectors such as finance, said an expert with a US-based think tank. The initiative is about “trying to help our neighbors to build infrastructure and to build connectivity” and has now become a “very important project on global governance,” with increased efforts to build connectivity in sectors such as finance, culture, industry, technology and environment, said Marc Uzan, founder and executive director of the Reinventing Bretton Woods Committee. More efforts are expected to advance the development of the digital silk road, which represents a vital part of the BRI, to drive financial integration across the globe, as can be seen from the way global central banks are starting to think about and project the need to build digital currencies, Uzan told the Belt and Road Portal in a recent interview. China has started rolling out pilot tests of its central bank digital currency in some selected regions, such as the Guangdong-Hong Kong-Macao Greater Bay Area, the Ministry of Commerce said in August. “I think this will have a huge implication not only for China but for the international monetary system, and for countries and regions along the BRI routes,” Uzan said. But challenges ahead remain, as efforts are expected to be made to figure out what kind of international cooperation is needed for an international digital monetary system, he noted. And this is not only driven by the growth of the digital silk road, as financial integration under a multilateral project, such as the Asian Infrastructure Investment Bank (AIIB), will also play a vital role in the post-pandemic period because there is a strong need for connectivity and infrastructure around the world, Uzan said. AIIB, a multilateral development bank that has set itself the mission of improving social and economic outcomes in Asia, has grown to 103 approved members worldwide after it began operations in January 2016. As of September 25, AIIB has approved up to $20.02 billion for 93 projects in Asia and beyond, including Turkey’s Izmir metro line extension project, Waste-to-Energy project in the Maldives and Healthcare Emergency Response Project in Uzbekistan, according to AIIB. Apart from financial connectivity, BRI has made great progress in enhancing cultural ties and people-to-people bonds among nations in the past years, Uzan said. “We launched an exhibition [in 2019] to showcase what Belt and Road Initiative was all about. We engaged two artists travelling to China and central Asia for six months, and they came back with beautiful pictures to showcase the edge of connectivity and imaginations,” said Uzan.

Rolling Updates Sep.25, 2020
B&R by the Numbers: The Digital Silk Road has a long way to go

Editor’s Note: This is the eleventh installment of Belt and Road Portal's special series on the Belt and Road Big Data Report 2017. The problems of the digital gap and unbalanced development between the South and the North are outstanding in countries along the Belt and Road routes, a report says. Singapore, Israel and Estonia have the most developed information infrastructure facilities, and the South Asian countries are relatively behind in this regard, according to the Belt and Road Big Data Report 2017 published by the State Information Center. Promoting the construction of internet and information infrastructure facilities is an important content of the Belt and Road Initiative. The report says 16 out of the 64 countries along the Belt and Road routes are classified as low-level in information technology development. Central and Eastern European countries take the lead. Southeast Asia, Central Asia and Southern Asia are behind in their information infrastructure constructions and information technology applications, which means they have a strong demand for inputs in these fields. President Xi Jinping proposed to construct the Digital Silk Road of the 21st Century at the Belt and Road Forum for International Cooperation in Beijing in May. The report says there is great potential and space for cooperation in information infrastructure construction. A survey in the report also finds that the development level of information technology and its application in a country are related to the population’s education level and the country’s GDP per capita.

Rolling Updates Nov.20, 2017
B&R by the Numbers: The Digital Silk Road has a long way to go

Editor’s Note: This is the eleventh installment of Belt and Road Portal's special series on the Belt and Road Big Data Report 2017. The problems of the digital gap and unbalanced development between the South and the North are outstanding in countries along the Belt and Road routes, a report says. Singapore, Israel and Estonia have the most developed information infrastructure facilities, and the South Asian countries are relatively behind in this regard, according to the Belt and Road Big Data Report 2017 published by the State Information Center. Promoting the construction of internet and information infrastructure facilities is an important content of the Belt and Road Initiative. The report says 16 out of the 64 countries along the Belt and Road routes are classified as low-level in information technology development. Central and Eastern European countries take the lead. Southeast Asia, Central Asia and Southern Asia are behind in their information infrastructure constructions and information technology applications, which means they have a strong demand for inputs in these fields. President Xi Jinping proposed to construct the Digital Silk Road of the 21st Century at the Belt and Road Forum for International Cooperation in Beijing in May. The report says there is great potential and space for cooperation in information infrastructure construction. A survey in the report also finds that the development level of information technology and its application in a country are related to the population’s education level and the country’s GDP per capita.

Data Nov.20, 2017
Digital Silk Road: Create brand of the times in foreign exchange of Chinese culture

General Secretary Xi Jinping pointed out, in “Belt and Road” Summit held on 14, that innovation-driven development shall be upheld to build the Digital Silk Road of 21st Century. Undoubtedly, the cooperation and communication General Secretary Xi Jinping stressed in building Digital Silk Road means deepening the integration of science and technology with the culture industry, highlighting the Chinese culture value in building Internet Silk Road, and creating a Chinese brand of digital exchange and cooperation with foreign countries. Digital Silk Road is the theme of the times endowed by modern mobile technology for building “Belt and Road” China has become the biggest internet market with fast development of the internet industry. Over 600 million people access to the Internet in China and nearly 600 million use mobile phones to access the internet. The Internet has dominated cultural communication and consumption, and the internet culture is now the new growth point in China’s economy. The internet, on behalf of new media at this stage, is narrowing down the “information gap” between different regions and countries and has become the important media for people’s communication and become a bridge to interconnect the global society, which just represents the essence of “Belt and Road” initiative. Xie Xinzhou, a professor of Peking University, believes that the internet enables people to go beyond the geographic, consanguineous and industrial bounds to communicate and interact based on personal interests and volunteer to form communities. Various interesting groups flourish in virtual space and break through the barrier of space-time structure and limit of social structure, forming new cultural groups and cultural phenomena. Meanwhile, the existing culture such as national culture, religious culture and other forms of culture formed in course of human development are also, with the help of new media, breaking through the regional limitation and spreading throughout the world. All these have broken the original cultural boundaries and accelerated shaping a new world cultural territory. The Digital Silk Road is brand-new concept and theme of the times generated from modern mobile technology for “Belt and Road” initiative. Development and construction of Digital Silk Road reflects value spillover and achievements sharing of Chinese internet technological strength. In the regional cooperation for “Belt and Road” initiative, we shall fully utilize China’s existing internet technology and development advantages to strengthen the infrastructure of information highway in the countries and regions along the Belt and Road Initiative, and to make the technical standard for information transmission in Belt and Road as well as to train senior talents both in technology R & D and in platform operation for implementing the Belt and Road initiative. We should actively promote the Internet cooperation with the countries along the Belt and Road in jointly building digital centers to achieve digital connectivity and interconnection between flows of information and materials on the Internet and mobile Internet. The culture information and products will be equipped with the Internet “wings” to occupy the commanding height of online cultural production, transmission and consumption. We shall safeguard security of information, economy and culture for the countries along the Belt and Road and enhance their soft strength in culture. Digital Silk Road is a Chinese Response to Digital Economy The information society is a development era transformed from the industrial society, preceded by the primitive and farming societies in human history, and it generates a new economic model — the digital economy. Driven by the internet information technology, the production factors of social and economic development have been transferred from material factors such as land, mineral and natural resources to non-material factors such as data, information and cultural creativity. The Digital Silk Road is focusing on China’s practice of Internet plus, promoting the industrial upgrading of the countries and regions along the Belt and Road, and developing their new digital economy. Digital Silk Road includes digital silk road of “Belt and Road” plus communication media, digital silk road of “Belt and Road” plus life and service, and digital silk road of “Belt and Road” plus mode of production etc. To promote development of the Digital Silk Road, we must first jointly build and share the communication and promotion platform of the Internet Belt and Road, and implement the general strategy of integrated marketing and communication in order to spread to the world the value and achievements of Belt and Road. Secondly, we must jointly build and share the life and service platform of the Internet Belt and Road, and implement “cross-border e-commerce plan” to promote free circulation and convenience in products trade and to improve people’s life quality of the countries and regions along the Belt and Road. Finally, we must jointly build and share the intelligent manufacturing platform of the Internet Belt and Road to realize complementary advantages and rational division of labor in the countries and regions along the Belt and Road and to create comprehensive benefits by playing full role of comparative advantages. Digital Silk Road is an Accelerator in Promoting Communication of emotion among the Peoples of Countries Concerned The ancient Silk Road was a way of introducing Chinese culture and it influenced and shaped the western society in imaging what the ancient China was like. The Belt and Road should also become a way of introducing Chinese culture. The Digital Silk Road, in particular, should play roles in promoting cultural exchanges and communication among peoples in the countries and regions along the Belt and Road in the historic course of shaping speech channels of China, displaying China’s image, transmitting Chinese voice and telling Chinese stories. Emphasis in implementing Digital Silk Road shall be laid on excavation and condensation of cultural resources and cultural values of Belt and Road, and on cultural resource development and utilization of worship, exhibition and interactive experience values. The implementation of “Belt and Road” initiative is designed to achieve political mutual trust and economic integration, of which the essence is to achieve cultural tolerance and inclusion. The implementation process of “Belt and Road” initiative is actually the process of aggregation and connection of emotions and feelings in fostering community with a shared future, and is also the course of interaction in peace and circulation of values. China, Kazakhstan and Kyrgyzstan have jointly declared the “Chang’an to Tianshan Corridor Road Network in Silk Road” as the world cultural heritage. It is a successful example of sharing cultural value cohesion and it is the joint construction of cultural resources worship value and cultural identity sharing of Belt and Road. We should further explore such shared value and make it the cornerstone of mutual trust and value highland in construction of Digital Silk Road. The “Belt and Road” initiative needs a spiritual coordinate that will go beyond history and lead the future. This spiritual coordinate, based on the historical context and modern civilization of Chinese culture, going through continuous creative transformation and innovative development, endows Belt and Road with a brand-new spirit connotation and great spiritual power. What’s more, the Digital Silk Road is just an important function in this spiritual coordinate.

Expo along the Silk Road May.15, 2017
Digital Silk Road: Create brand of the times in foreign exchange of Chinese culture

General Secretary Xi Jinping pointed out, in “Belt and Road” Summit held on 14, that innovation-driven development shall be upheld to build the Digital Silk Road of 21st Century. Undoubtedly, the cooperation and communication General Secretary Xi Jinping stressed in building Digital Silk Road means deepening the integration of science and technology with the culture industry, highlighting the Chinese culture value in building Internet Silk Road, and creating a Chinese brand of digital exchange and cooperation with foreign countries. Digital Silk Road is the theme of the times endowed by modern mobile technology for building “Belt and Road” China has become the biggest internet market with fast development of the internet industry. Over 600 million people access to the Internet in China and nearly 600 million use mobile phones to access the internet. The Internet has dominated cultural communication and consumption, and the internet culture is now the new growth point in China’s economy. The internet, on behalf of new media at this stage, is narrowing down the “information gap” between different regions and countries and has become the important media for people’s communication and become a bridge to interconnect the global society, which just represents the essence of “Belt and Road” initiative. Xie Xinzhou, a professor of Peking University, believes that the internet enables people to go beyond the geographic, consanguineous and industrial bounds to communicate and interact based on personal interests and volunteer to form communities. Various interesting groups flourish in virtual space and break through the barrier of space-time structure and limit of social structure, forming new cultural groups and cultural phenomena. Meanwhile, the existing culture such as national culture, religious culture and other forms of culture formed in course of human development are also, with the help of new media, breaking through the regional limitation and spreading throughout the world. All these have broken the original cultural boundaries and accelerated shaping a new world cultural territory. The Digital Silk Road is brand-new concept and theme of the times generated from modern mobile technology for “Belt and Road” initiative. Development and construction of Digital Silk Road reflects value spillover and achievements sharing of Chinese internet technological strength. In the regional cooperation for “Belt and Road” initiative, we shall fully utilize China’s existing internet technology and development advantages to strengthen the infrastructure of information highway in the countries and regions along the Belt and Road Initiative, and to make the technical standard for information transmission in Belt and Road as well as to train senior talents both in technology R & D and in platform operation for implementing the Belt and Road initiative. We should actively promote the Internet cooperation with the countries along the Belt and Road in jointly building digital centers to achieve digital connectivity and interconnection between flows of information and materials on the Internet and mobile Internet. The culture information and products will be equipped with the Internet “wings” to occupy the commanding height of online cultural production, transmission and consumption. We shall safeguard security of information, economy and culture for the countries along the Belt and Road and enhance their soft strength in culture. Digital Silk Road is a Chinese Response to Digital Economy The information society is a development era transformed from the industrial society, preceded by the primitive and farming societies in human history, and it generates a new economic model — the digital economy. Driven by the internet information technology, the production factors of social and economic development have been transferred from material factors such as land, mineral and natural resources to non-material factors such as data, information and cultural creativity. The Digital Silk Road is focusing on China’s practice of Internet plus, promoting the industrial upgrading of the countries and regions along the Belt and Road, and developing their new digital economy. Digital Silk Road includes digital silk road of “Belt and Road” plus communication media, digital silk road of “Belt and Road” plus life and service, and digital silk road of “Belt and Road” plus mode of production etc. To promote development of the Digital Silk Road, we must first jointly build and share the communication and promotion platform of the Internet Belt and Road, and implement the general strategy of integrated marketing and communication in order to spread to the world the value and achievements of Belt and Road. Secondly, we must jointly build and share the life and service platform of the Internet Belt and Road, and implement “cross-border e-commerce plan” to promote free circulation and convenience in products trade and to improve people’s life quality of the countries and regions along the Belt and Road. Finally, we must jointly build and share the intelligent manufacturing platform of the Internet Belt and Road to realize complementary advantages and rational division of labor in the countries and regions along the Belt and Road and to create comprehensive benefits by playing full role of comparative advantages. Digital Silk Road is an Accelerator in Promoting Communication of emotion among the Peoples of Countries Concerned The ancient Silk Road was a way of introducing Chinese culture and it influenced and shaped the western society in imaging what the ancient China was like. The Belt and Road should also become a way of introducing Chinese culture. The Digital Silk Road, in particular, should play roles in promoting cultural exchanges and communication among peoples in the countries and regions along the Belt and Road in the historic course of shaping speech channels of China, displaying China’s image, transmitting Chinese voice and telling Chinese stories. Emphasis in implementing Digital Silk Road shall be laid on excavation and condensation of cultural resources and cultural values of Belt and Road, and on cultural resource development and utilization of worship, exhibition and interactive experience values. The implementation of “Belt and Road” initiative is designed to achieve political mutual trust and economic integration, of which the essence is to achieve cultural tolerance and inclusion. The implementation process of “Belt and Road” initiative is actually the process of aggregation and connection of emotions and feelings in fostering community with a shared future, and is also the course of interaction in peace and circulation of values. China, Kazakhstan and Kyrgyzstan have jointly declared the “Chang’an to Tianshan Corridor Road Network in Silk Road” as the world cultural heritage. It is a successful example of sharing cultural value cohesion and it is the joint construction of cultural resources worship value and cultural identity sharing of Belt and Road. We should further explore such shared value and make it the cornerstone of mutual trust and value highland in construction of Digital Silk Road. The “Belt and Road” initiative needs a spiritual coordinate that will go beyond history and lead the future. This spiritual coordinate, based on the historical context and modern civilization of Chinese culture, going through continuous creative transformation and innovative development, endows Belt and Road with a brand-new spirit connotation and great spiritual power. What’s more, the Digital Silk Road is just an important function in this spiritual coordinate.

Hot News May.15, 2017
Focus on Big Data Expo: "B&R" Digital Silk Road needs network escort

On May 26, Big Data Expo 2017 opened in Guiyang. The 360 Threat Intelligence Center released the Enterprise Security Research Report of "Belt and Road Initiative" ("Report"). This is the first special report on the network security and informatization construction of central enterprises involved in the implementation of "Belt and Road" Initiative. The report specifies network security challenges faced by central enterprises in the implementation of "Belt and Road" Initiative, and calls on relevant state departments to release policies encouraging network security enterprises to go global under the "Belt and Road" initiative to escort central enterprises, thereby advancing development and security synchronously, and defending the 21st Century Digital Silk Road. With the further implementation of "Belt and Road" Initiative, Chinese central enterprises have gradually increased IT investment and applied more means of information management during local engineering construction and business operations, thus exposing more information systems and data on the open internet. With the constant expansion of exposure, original network security measures will face new challenges. Central enterprises are forerunners in the implemenation of "Belt and Road" Initiative. Their network information systems contain business secrets or perhaps national secrets. For example, some geographical location data and marine exploration data contained in some port, terminal and hydraulic engineering projects at borders are national confidential data. These secrets have always been attack targets of foreign APT organizations. To central enterprises involved in the implemenation of "Belt and Road" Initiative, the informatization construction of overseas projects and business is the inherent requirement of improving the overall operation efficiency of overseas projects and strengthening internal refined management, as well as the rigid demand of protecting important data security. The report calls on Chinese central enterprises going global to strengthen overall planning, take precautions, include network security construction into their "Belt and Road" Initiative, advance development and security simultaneously, make good preparations in psychology, strategies and technical staff, attach great importance to network attacks, information leakage and other risks, work out security strategies specific to overseas business scenarios and features, establish relevant security codes, mechanisms and standards, conduct overall monitoring of security situation, reduce security blind areas to the minimum, and reduce internal and external security risks. The report suggests that relevant state administrative and supervisory departments should release policies encouraging network security enterprises to go global under the "Belt and Road" initiative to escort central enterprises, organize highly motivated central enterprises, as well as willing and competitive security vendors, to establish a mechanism of overseas security information sharing.

Hot News May.14, 2019
Focus on Big Data Expo: "B&R" Digital Silk Road needs network escort

On May 26, Big Data Expo 2017 opened in Guiyang. The 360 Threat Intelligence Center released the Enterprise Security Research Report of "Belt and Road Initiative" ("Report"). This is the first special report on the network security and informatization construction of central enterprises involved in the implementation of "Belt and Road" Initiative. The report specifies network security challenges faced by central enterprises in the implementation of "Belt and Road" Initiative, and calls on relevant state departments to release policies encouraging network security enterprises to go global under the "Belt and Road" initiative to escort central enterprises, thereby advancing development and security synchronously, and defending the 21st Century Digital Silk Road. With the further implementation of "Belt and Road" Initiative, Chinese central enterprises have gradually increased IT investment and applied more means of information management during local engineering construction and business operations, thus exposing more information systems and data on the open internet. With the constant expansion of exposure, original network security measures will face new challenges. Central enterprises are forerunners in the implemenation of "Belt and Road" Initiative. Their network information systems contain business secrets or perhaps national secrets. For example, some geographical location data and marine exploration data contained in some port, terminal and hydraulic engineering projects at borders are national confidential data. These secrets have always been attack targets of foreign APT organizations. To central enterprises involved in the implemenation of "Belt and Road" Initiative, the informatization construction of overseas projects and business is the inherent requirement of improving the overall operation efficiency of overseas projects and strengthening internal refined management, as well as the rigid demand of protecting important data security. The report calls on Chinese central enterprises going global to strengthen overall planning, take precautions, include network security construction into their "Belt and Road" Initiative, advance development and security simultaneously, make good preparations in psychology, strategies and technical staff, attach great importance to network attacks, information leakage and other risks, work out security strategies specific to overseas business scenarios and features, establish relevant security codes, mechanisms and standards, conduct overall monitoring of security situation, reduce security blind areas to the minimum, and reduce internal and external security risks. The report suggests that relevant state administrative and supervisory departments should release policies encouraging network security enterprises to go global under the "Belt and Road" initiative to escort central enterprises, organize highly motivated central enterprises, as well as willing and competitive security vendors, to establish a mechanism of overseas security information sharing.

Expo along the Silk Road May.14, 2019
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.

Expo along the Silk Road May.27, 2019

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Buzzwords

Digital Silk RoadLand-Sea Trade CorridorThe Belt and RoadAIIBSilk Road FundEconomic CorridorsFreight trainsFTACommunity with shared futureSilk Road spiritMaritime Silk RoadSix economic corridors

EncyclopediaMORE+

What is the Belt and Road?

What is a community with a shared future for mankind?

What is Policy Coordination?

China willing to promote Digital Silk Road construction with all parties: senior official

Across China: Digital Silk Road promotes e-commerce between China, Pakistan

Digital silk road will further advance financial integration across globe: expert

B&R by the Numbers: The Digital Silk Road has a long way to go

B&R by the Numbers: The Digital Silk Road has a long way to go

Digital Silk Road: Create brand of the times in foreign exchange of Chinese culture

Digital Silk Road: Create brand of the times in foreign exchange of Chinese culture

Focus on Big Data Expo: "B&R" Digital Silk Road needs network escort

Focus on Big Data Expo: "B&R" Digital Silk Road needs network escort

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