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Xinhua Silk Road
Investment

Digital China Summit attracts nearly 50 bln USD of investment

April 28, 2021


Abstract : The fourth Digital China Summit concluded Monday in Fuzhou, capital of east China's Fujian Province, with investments worth 318.8 billion yuan (about 49 billion U.S. dollars) involving 523 projects signed during the event.

FUZHOU, April 27 (Xinhua) -- The fourth Digital China Summit concluded Monday in Fuzhou, capital of east China's Fujian Province, with investments worth 318.8 billion yuan (about 49 billion U.S. dollars) involving 523 projects signed during the event.

The projects cover fields such as artificial intelligence, 5G, industrial internet and blockchain, and embody the summit's role as a platform for exchanges in digital technology and industry cooperation.

The first public display of the digital yuan was also held during the summit. State-owned enterprises including China National Nuclear Industry and State Grid demonstrated their innovations in digital transformation.

The two-day event, held both online and offline, had been categorized into seven sections including the main forum, an exhibition, 20 sub-forums and an innovation contest.

The exhibition, which will last till Thursday, has attracted 54 leading companies including tech giants Huawei, Alibaba and Tencent, with 36 state-owned enterprises displaying their products and services. The exhibition saw 120,000 visitors as of Monday. Enditem

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Keyword: investment Digital China Summit

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