World Internet Conference Sub-Forum calls on Int’l Cyberspace Cooperation

The Belt & Road Forum for International Cooperation on Cyberspace, an event of the World Internet Conference, kicked off Tuesday in the water-town of Wuzhen in East China’s Zhejiang Province.

The Forum addresses the importance of global cooperation in cyberspaces to boost the world economy amid the COVID-19 pandemic, with the potential of Internet under the frame of Belt & Road Initiative (BRI).

As the digital economy is playing a pivotal role in global economic in the wake of the COVID-19 pandemic, countries around the world look to strengthen the exchanges of technological innovation.

“There is no doubt that in the wake of the current COVID-19 crisis, the digital economy has been instrumental in safeguarding the world’s economies,” said Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade in the United Arab Emirates (UAE) via video link at the forum.

“China’s Internet industry continues to develop rapidly. The Internet has accelerated digital transformation of small and medium-sized enterprises. Advances in information technology and infrastructure upgrades have brought new opportunities to Internet companies. And international cooperation on the Internet continues to deepen.

Looking into the future, we will continue to accelerate the pace of opening-up, strengthen the construction of information infrastructure, optimize the digital business environment, promote the development of digital trade, and deepen international cooperation,” said Shang Bing, chairman of the Internet Society of China at the forum.

Riding the wave of BRI bonus, participants of the forum shared their opinions on establishing an advanced information and communication infrastructure and non-discriminatory business environment for the development of global digital economy, unveiling the consensus among different countries to further share and cooperate in such fields with one another.

“The Internet is an important way to implement the Belt & Road strategy. Internet innovation and the experience of transforming traditional industries through digital technology will help the recovery of global economy to some extent. The

The Belt & Road Initiative is also an important platform for global Internet development, not only allowing Chinese experience and achievements but also introducing outstanding foreign experience, products, and talents of Internet development into China,” said Liu Zhongqi, Deputy Director for new consumer research with Chinese e-commerce platform Pinduoduo Inc.