• Dublin, United States
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  • Oct, 17th, 24

XINHUA-PAKISTAN SERVICE

China leading the rapid development of internet technologiesBreaking

December 25, 2017

Muhammad Zamir Assadi  Water town Wuzhen, UNESCOS’s world cultural heritage located in Zhejiang province of China have become a flagship place in the world of technology from the last 4 years. The 3 days forum was co-organized by International Telecommunication Union and China's Ministry of Industry and Information Technology with a theme of "Developing digital economy for openness and shared benefits -- building a community of common future in cyberspace." More than 1,500 representatives from across the globe belonging to business community, government officials, Think Tanks, Artificial Industry, academics, start-ups and  innovators of technological advancements attended the event to show case their stunning ideas in the field of technology. The success of event could be measured by having an eye on the name of attendees like Microsoft Executive Vice President Harry Shum, Facebook vice president Vaughan Smith,Tim Cook of Apple, Sundar Pichai of Google and Chinese technology giants Jack Ma the founder of Ali Baba and Pony Ma of Tencent. The presence of global innovative minds leading the future of artificial intelligence in the field of technology shows the confidence on the Chinese rules and regulations for working free in China. The message of Chinese president Xi Jinping was read at the event which paved a way for the open and transparent dialogue on internet’s future across the globe between foreign and Chinese technological giants dominating the cyberspace. President Xi expressed hopes that the delegates will draw on collective wisdom and enhance mutual understanding so as to deepen exchanges and cooperation on the internet and digital economy, and make the development of the internet better serve the well-being of all people worldwide. Xi also said the development of the internet has posed many new challenges for the sovereignty, security, and development interests of the world's countries. The commitment of Chinese president has generated a strong and influential message that China believes on building shared corridors of information and intelligence networks with the mutual learning and cooperation of world technology companies. The inspirational debate has been knocking the doors of artificial intelligence to ride fast train of internet developing rapidly by Chinese tech companies pushing digital economy. Since last 4 years, Wuzhen world internet conference from the day of its establishment has been recognized as generating the ideas of developing the internet industry along the digital Silk Road smartly. The regular activity has become a symbol and a voice of China that the country was determined to work with international community about the opportunities and challenges in the field of privacy protection, security and guaranteed cyber space sovereignty for all based on mutually beneficial approach. Either it is the development of infrastructure or digitalization, mutual investment plans and collaboration with China have become a vital need of the time. It has become an obvious fact that China is stepping ahead with an open heart and mind to cooperate with international community at every stage on international arena. The success of Chinese technological companies have stunned the global technology minds as Shenzhen based Tencent has just surpassed the Facebook market value by having a worth $ 500 billion. The success of Tencent was widely appreciated at world internet conference and it shows that future regulations and policies of internet cannot be formulated without the consent of China. The participation of all countries in global cyber space with widely felt contributions can cultivate huge opportunities based on common interests and jointly confronting the challenges. The much appreciated highlight of the event was a dialogue between the international technology companies which laid solid foundations to figure our innovative solutions for combating challenges in cyberspace. To invite more people online and enjoy the convenience of internet for the betterment of life for the masses became a signature of the conference as the prosperous future lies with creative innovations. The reports released about the development of internet in China and across the globe also showed the rapid development in the sector and increasing interest of the people using internet for easing their lives. The report indicated that China’s digital economy has crossed 22.58 trillion Yuan at the end of last year, accounting 30.3 percent of the national GDP and ranked second in the world. The figures demonstrates the commitment of China in the development of new technologies in the internet industry and the usage of new innovative technologies by its citizens. There were 751 million internet users in China by the end of June 2017 which is the highest number in the world. Lessons for commonly advanced development in the field of technology especially for the developing countries were learnt and now it depends on the participants how they could share their takeaways for the digital development of their societies across the globe with wider and open mentality.