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Digitalization: a new momentum to the ancient Silk Road

April 26, 2019


Abstract : Digital economy would become a new momentum for the world’s development, and digital Silk Road would create a better life for more people, said Liu Zhengrong, Vice President and Secretary General of Xinhua News Agency.

BEIJING, April 26 (Xinhua) -- Digital economy would become a new momentum for the world’s development, and digital Silk Road would create a better life for more people, said Liu Zhengrong, Vice President and Secretary General of Xinhua News Agency. “We are already in the digital age, and the digital economy will have a brilliant future. At the same time, digitalization will promote sustainable development, requiring strengthened global cooperation”.

Liu made the remarks when presiding over a dialogue on the Thematic Forum on Digital Silk Road, a sub-forum of the Second Belt and Road Forum for International Cooperation in Beijing on Thursday.

Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa, agreed with Liu and believed that, digital economy would be a highlight of Africa’s future cooperation with China and Africa would be willing to cooperate with China to realize development.

According to the statistics, 5G will provide products and services worth more than one trillion U.S. dollars for global medical area. Wu Hequan, an academician of the Chinese Academy of Engineering, considered that digital medical treatment could improve the healthcare level in the Belt and Road countries, “it can improve the teaching, training, and internships for medical staff, improve the doctor's diagnosis and treatment, provide timely and remote treatment guidance, reduce medical costs, and realize the equalization of the basic medical services”.

Pichet Durongkaveroj, Minister of Thailand’s Digital Economy and Society, said that the digital transformation was not only the development of technology, but more importantly, it was to develop the economy.

Digital transformation would improve cooperation and benefit 62 percent of the world’s population, according to Miyuki Suzuki, President of Asia Pacific, Japan and Greater China of Cisco. At the same time, digitalization would also promote the continuous development of talent cultivation, smart cities and innovation centers in the Asia-Pacific region, she added.

Zhang Yong, Chief Executive Officer of Alibaba Group, believed the digitalization had brought the world closer, integrated logistics, capital and other aspects and provided a broader platform and more opportunities for small and medium-sized enterprises.

The Thematic Forum on Digital Silk Road, themed on "Co-building 21st Digital Silk Road", was co-held by National Development and Reform Commission and Cyberspace Administration of China, and co-sponsored by China Center for Urban Development and China Economic Information Service of Xinhua News Agency. More than 220 attendees of governments, organizations, enterprises and media from China and abroad attended the forum. (Edited by Tong Wei, tongwei@xinhua.org)


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Keyword: digital-silk-road

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