Beijing, 4 July 2023 (TDI): The Global Digital Economy Conference 2023 began with simultaneous exhibitions in Beijing, Lhasa, and Singapore. The conference, which spans four days, focuses on the theme “Data Drives Development, Intelligence Leads the Future.”

It features a main forum, six summit forums, six special activities, and various thematic forums. One of these special activities is the Competitive Products Theme Exhibition, which showcases significant digital economy industry products from 110 domestic and international enterprises.

Under the theme “Digital Drives Development, Intelligence Leads the Future,” the Global Digital Economy Conference 2023 is being held in Beijing from July 4 to 7. The conference serves as a pivotal platform for world leaders, policymakers, and industry experts to convene, discuss, and shape the future of the digital economy.

City Cooperation Initiative

China unveiled its groundbreaking global digital economy partnership city cooperation initiative at the esteemed Global Digital Economy Conference 2023.

The initiative, presented by Wang Lei, Deputy Head of the Beijing Municipal Bureau of Economy and Information Technology, aims to foster collaboration and exchange among cities worldwide while establishing an open and mutually beneficial market environment.

Also Read: China releases guideline to become Global Leader in Digital Development by 2035

The core objective of this cooperation initiative is to facilitate the development of a digital science and technology innovation ecosystem. By expediting the process of urban digital transformation, it seeks to empower cities to embrace digital technologies.

The initiative aspires to build an expansive open innovation network for the digital economy that encompasses cities across the globe.

Also Read: Gates Foundation and China collaborates on Global Health Innovation

This network will serve as a platform for collaborative endeavors, encouraging cities to share knowledge, resources, and best practices, thereby fostering innovation and technological advancement.

To commemorate this momentous occasion, Singapore was bestowed the honor of being the guest of honor at the Global Digital Economy Conference.

Several activities are being held at Singapore’s overseas sub-venues, focusing on expanding new avenues for open and mutually beneficial international cooperation in the digital sphere.

China’s global digital economy partnership city cooperation initiative marks a significant step towards fostering international collaboration in the digital realm.

By nurturing an environment conducive to innovation, knowledge-sharing, and inclusive growth, this initiative aims to propel cities around the world into a digitally-driven future, where intelligence and development go hand in hand.