The "Digital Silk Road" has opened a new chapter in the Belt and Road economic and trade cooperation

Release time : 2024-04-22

With the acceleration of global digital transformation, the "Digital Silk Road" initiative has become an important engine to promote international economic and trade cooperation under the framework of the "Belt and Road". The "Digital Silk Road" initiative is committed to promoting the common development of countries and regions through the construction of digital infrastructure and technical cooperation, significantly enhancing the contemporary connotation and practical effectiveness of the "Belt and Road" initiative, and opening a new chapter in the "Belt and Road" economic and trade cooperation.

The connotation of "digital Silk Road"

The "Digital Silk Road" is an important initiative put forward at the Belt and Road Forum for International Cooperation in 2017. It is an economic form based on digitalization, based on the network as a platform, characterized by information, driven by innovation, and targeted at efficiency and optimization. It covers digital products, digital services, digital technologies, data trade and other aspects. The "Digital Silk Road" aims to strengthen cooperation with the countries and regions jointly building the "Belt and Road" in the digital economy, artificial intelligence, nanotechnology, quantum computer and other frontier fields, promote the construction of big data, cloud computing, smart city and other fields, and realize the sharing and innovation of digital technology, is the product of the digital economy era, but also the driving force of the digital economy. According to the China Internet Development Report (2023), the scale of China's digital economy will reach 50.2 trillion yuan in 2022, accounting for 41.5% of GDP, showing the important role of the digital economy in promoting national economic growth.

In the process of promoting the construction of the "Digital Silk Road", China follows the principle of extensive consultation, joint contribution and shared benefits, emphasizes openness, inclusiveness and win-win cooperation, commits itself to building a community of shared future in cyberspace, and puts forward China's proposal to contribute to global digital governance. At the same time, China also attaches importance to the security and ethics of digital technologies, focuses on preventing digital risks, protecting digital rights and privacy, and strives to promote digital equity and justice, demonstrating China's contribution and experience in global digital development.

The "Digital Silk Road" has boosted economic and trade cooperation along the Belt and Road

First, it has promoted the construction of digital infrastructure. The "Digital Silk Road" greatly improves the efficiency of information flow and exchange through the construction of a series of transnational digital infrastructure, such as data centers, high-speed broadband networks and cross-border optical cables. The initiative has not only reduced the cost of economic and trade activities and improved the efficiency of economic activities, but also the improvement of digital infrastructure has directly promoted local economic development, especially in remote and underdeveloped areas, effectively narrowing the "digital divide". For example, through the construction of the "Digital Silk Road", the Internet access rate and quality have been significantly improved in regions such as Southeast Asia and Africa, bringing more educational and business opportunities to local residents and stimulating the vitality of regional economies.

Second, it promotes technological innovation and sharing. Under the "Digital Silk Road" initiative, China and co-developing countries have strengthened cooperation in artificial intelligence, big data and cloud computing, and jointly carried out a series of research and development projects. Through such cooperation, technological innovation is not only promoted, but also the sharing of technological achievements is realized, and the competitiveness of the cooperating countries in the field of digital economy is enhanced. Chinese technology companies, such as Alibaba and Tencent, have established cooperative relationships with enterprises and governments in co-building countries in the field of cloud computing and e-commerce, jointly exploring solutions suitable for local markets, and promoting the localized development and application of digital technologies.

Third, the coordination of digital economy policies and rules has been strengthened. With the rapid development of digital economy, how to establish a fair, open and shared digital economic environment has become the focus of global attention. Through the "Digital Silk Road" initiative, China has strengthened policy dialogue and rule-making and coordination with partner countries in digital trade, cyber security and data protection. For example, China has actively participated in the World Trade Organization (WTO) e-commerce negotiations, pushing for the formulation of international e-commerce rules and promoting the healthy development of digital trade. In addition, China has also signed the Global Data Security Initiative with other countries, aiming to strengthen data security protection and promote the building of a global data governance system featuring mutual trust and co-governance.

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