Chongqing - On September 15th, the Digital Economy 100 meeting was held during the Smart China Expo Online 2020, co-sponsored by the China Association for Science and Technology, the Ministry of Industry and Information Technology, and the Chongqing Municipal People's Government and jointly organized by the China Institue of Electronics, Chongqing Association for Science and Technology, and the Yongchuan District People's Government.

The Digital Economy 100 meeting is one of the core theme activities of the Smart China Expo, having been held successfully at the previous two years' Smart China Expo. This year's theme was Data-Driven Intelligence Empowering Development. At the meeting, guests invited from governments, universities, scientific research institutions, and related enterprises discuss the cutting edge new trends in the digital economy.

Support the Preparation of the Chongqing Big Data Industry Research Institute

At the meeting, the Chinese Institute of Electronics, Chongqing Science and Technology Association, and the People's Government of Yongchuan District signed a strategic cooperation agreement on jointly building a Science and Innovation pilot city. Together, they will support the construction and development of the Yongchuan District of Chongqing by establishing close long-term partnerships. 

Hong Jingyi, deputy secretary of the Chinese Institute of Electronics, said that his institute will coordinate and organize multi-directional expert resources such as universities, research institutes, and related enterprises around the key areas of the digital economy and big data intelligence. Also, they will prepare for the formation of a professional, forward-looking, digital economy expert service group to provide customized services for Yongchuan districts pilot city and promote the sustainable development of the big data industry.

Teng Hongwei, secretary of the Yongchuan district party committee, states that Yongchuan is vigorously developing the intelligent industry of big data. Currently, Chongqing, Yungu Yongchuan Big Data Industrial Park has gathered 365 companies, over 15.000 employees, and generates an output of 24.5 billion RMB. It has become the largest big data industrial park in Chongqing. 65 universities and more than 300 enterprises have gathered in the alliance. Through the joint construction of schools and enterprises and the integration of industry and education, more than 20.000 graduates have been trained this year. 

New Generation Artificial Intelligence White Paper Released in Chongqing

During the meeting, the "New Generation Artificial Intelligence White Paper (2020) - industrial Intelligent Upgrade" was released. The white paper is jointly compiled by the China Digital Economy 100 Association, the Chinese Institute of Electronics, and SenseTime.

Ling Xia, deputy director of the Artificial Intelligence Research Office of the Research and Consultation Center of the Chinese Institute of Electronics, said that a new generation of Artificial Intelligence (AI) accelerates its adoption into the core links of design, production, management, logistics, and marketing. This also restructures the industrial organization and operation methods, which, in turn, help the industry to reduce cost, increase efficiency, and propels the advancement of AI as a driving force for the improvement of industrial operating efficiency.

The new generation of Artificial Intelligence has applications in many areas, such as agriculture, education, transportation, security, and finance.

In transportation, upgrading industrial intelligence is mainly reflected in two areas: transportation and user information resources. By integrating the driving behavior of vehicles, and combining numerous data points from traffic scenes, the efficiency of urban traffic management can be improved.

In addition, intelligence upgrades to the retail industry focus on the interconnection of data from throughout the entire process related to consumer goods. Data collection in this field allows for optimization and increased operation efficiency when it comes to supply, sales, and storage. Driven by global retail giants, we will gradually create a highly contextualized shopping experience for customers, said Ling Xia.