Integrating, complementing, and sharing the achievements of the digital economy

Release time:Apr 16, 2024 21:22 PM

In early September, China Mobile held a Southeast Asian Regional Cooperation Conference in Jakarta, the capital of Indonesia, with the theme of "Gathering Data, Joining Innovation, and Wisely Enjoying the Future", to discuss new visions of cooperation and seek new chapters of development with Southeast Asian governments and regional partners.

Currently, the rapid development speed, wide coverage, and profound impact of the digital economy have become highlights of global development and a focus of international cooperation. China is at the forefront of 5G development, smart city construction, and intelligent manufacturing in the world. The scale of the digital economy has ranked second in the world for many consecutive years, accounting for 41.5% of the gross domestic product. China and Southeast Asian countries are geographically similar, with deep integration of political and commercial connections, industrial and supply chains, complementary advantages, and resource sharing. With the continuous release of policy dividends from the Regional Comprehensive Economic Partnership Agreement, there is great potential for digital economic cooperation between China and Southeast Asian countries, which will usher in important development opportunities.

Southeast Asia is located in the land sea intersection of the "the Belt and Road". It is an important region for high-quality co construction of the "the Belt and Road", and is also one of the most dynamic and growth potential regions in the world today. According to reports from relevant institutions, the digital economy in Southeast Asia will maintain an annual growth rate of 24% in the future, significantly higher than the global average, and is expected to reach $1 trillion by 2030. For many years, China Mobile has attached great importance to its business layout and development cooperation in Southeast Asia, actively participating in information infrastructure construction, and actively serving the digital transformation and development of the local economy and society.

It is reported that China Mobile continues to build an international information infrastructure with "information highway", "information relay station", and "information distribution island" as its core. It has built and is under construction 12 international submarine cables in Southeast Asia, accounting for one-third of the total number of submarine cables connecting Southeast Asia. It has also built 4 land cable channels and built the Dacheng Data Center in Singapore, providing high-quality services of "smart connection to the world" with "China's capabilities".

China Mobile is also actively promoting the landing of a series of mature solutions such as 5G smart factories and smart ports in the international market. It has built the first overseas unmanned "lighthouse factory" in Indonesia, participated in the construction of 5G private networks in Malaysia, provided full process data center services in the Philippines, and implemented applications in multiple industries such as smart homes and smart factories in Thailand, sharing the achievements of digital economy development with the "Chinese solution".

Gao Tongqing, Deputy General Manager of China Mobile Communications Group Co., Ltd., stated that in the face of new stages and trends, the key to better stimulating "digital productivity" lies in accelerating the development of digital industrialization and promoting industrial digital upgrading, that is, accelerating the integration and innovation of new generation information technology represented by 5G, promoting the upgrading and acceleration of the information and communication industry, and lowering the threshold for the use of information technology by the whole society; Promote the deep integration of new generation information technology into various fields and links of production and operation, help the real economy break through the bottleneck of total factor productivity growth, and achieve high-quality development.

Integrating, complementing, and sharing the achievements of the digital economy

At the meeting, China Mobile teamed up with partners from multiple countries such as Singapore, Indonesia, Malaysia, Thailand, and Brunei to jointly launch the "Southeast Asian Digital Economy Development Cooperation Initiative". The initiative aims to promote the digital transformation of regional industries and support the development of the digital economy in Southeast Asia, including building and sharing, creating and accumulating together, building together with intelligence, benefiting together, and achieving win-win results.

At the same time, China Mobile has also signed a strategic cooperation memorandum with Singapore Telecom. The two sides will focus on cooperation in 5G and IoT applications and system integration solutions in the government enterprise market, personal market products and services, overseas equity investment and overseas information infrastructure construction investment cooperation, technological innovation and research and development cooperation, etc., to build a new type of mutually beneficial and collaborative strategic partnership, creating greater economic benefits and social value. In addition, China Mobile International has signed strategic cooperation memorandums with China ASEAN Information Port, PT Indosat Tbk, and Malaysia Mingxun to strengthen cooperation with partners in various fields.

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