Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, November 17 2020 - 15:07
AsiaNet
Xinhua Silk Road: AI empowers China-ASEAN cooperation, helping tap into market opportunities
BEIJING, Nov. 17, 2020 /PRNewswire-AsiaNet/ --

Artificial intelligence (AI) is considered an important force for China-ASEAN 
cooperation in fields such as infrastructure construction, digital economy and 
innovation-driven development, helping tap into considerable market 
opportunities, according to attendees at the Second China-ASEAN AI Summit held 
from November 13 to 15 in Nanning, south China's Guangxi Zhuang Autonomous 
Region. 

As ASEAN member states pay great attention to infrastructure construction and 
geoinformation and mapping is the prerequisite for infrastructure construction, 
the cooperation in geoinformation and mapping is highly valued by China and 
ASEAN. Industry insiders predicted that the scale of China-ASEAN cooperation in 
geoinformation and mapping will exceed 10 billion USD in the following five 
years. In this context, AI technology, as one of the trend in geoinformation 
and mapping, is expected to promote infrastructure cooperation between China 
and ASEAN.

Digital economy is also an important area of China-ASEAN cooperation. The value 
of ASEAN's digital technologies is projected to reach 625 billion USD by 2030, 
according to the Master Plan on ASEAN Connectivity 2025.

China will deepen cooperation with ASEAN in the fields of digital economy, 
including promoting the application of digital technologies such as AI and 3D 
printing in epidemic prevention and control, supporting digital transformation 
of industries, and promoting development of smart cities, according to the 
China-ASEAN initiative on establishing digital economy partnership.

Relevant enterprises have made their contribution to China-ASEAN cooperation in 
digital economy. For example, Chinese tech giant Huawei will continue to help 
Thailand build an ASEAN-targeted digital hub, and facilitate the implementation 
of Thailand's 4.0 strategy by applying new technologies and new market business 
models in the country, said Abel Deng, CEO of Huawei Technologies (Thailand).

AI is expected to bring benefits to innovative development. By taking 
advantages of China-ASEAN internet application and innovation platforms on the 
basis of joint construction of AI system, big data center, intelligent 
computing center, etc., AI-related academic exchange, technology research and 
development, patent sharing, and talent training can be carried out, said Lu 
Dongliang, chairman and president of China-ASEAN Information Harbor Co., Ltd, 
adding that the Lancang-Mekong cooperation fund was built on the idea.

China has been ASEAN's largest trading partner for ten consecutive years. 
Chinese enterprises have made more than 100 billion USD of investment in ASEAN, 
creating over 100,000 jobs for local residents. 

Original link: https://en.imsilkroad.com/p/317625.html

SOURCE  Xinhua Silk Road

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   Link: https://iop.asianetnews.net/view-attachment?attach-id=376982

   Caption: The Second China-ASEAN AI Summit kicks off in Nanning, capital of 
south China's Guangxi Zhuang Autonomous Region on Nov. 13.

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