INSUBCONTINENT EXCLUSIVE:
The opening event of the 2025 Shanghai Cooperation Organization (SCO) Digital Economy Forum was held in Tianjin, northern China, on Friday
Co-hosted by Chinas National Data Administration and the Tianjin Municipal Peoples Government, the online forum is themed New Bonds in the
Digital Economy, New Horizons for Cooperation
A significant side event, the Digital Economy Project Signing Ceremony and Data Industry Promotion, was held previously in Tianjin, drawing
over 100 companies from Beijing, Zhejiang, Henan and other regions
A total of 21 tasks were signed on site, with total investment going beyond 1.35 billion yuan (about $186 million)
These projects cover crucial digital economy sectors, consisting of calculating power facilities, low-altitude economy, smart health care
and intelligent energy.Another essential event, the State-Owned Enterprises (SOEs) Digital Technology Application Promotional Event, also
happened during the forum
The session highlighted recent accomplishments by Tianjins SOEs in fields such as artificial intelligence, huge data, the Internet of Things
and clever production and supplied a platform for global exchange, project matchmaking and cooperation under the SCO framework.The forum
included an opening ceremony and primary online forum, four themed sub-forums, and various interactive experiences, concentrating on
essential areas such as cross-border information flows, commercial digital improvement, digital infrastructure, expert system, wise cities
and digital skill development.The primary online forum united federal government authorities, magnate, academics and believe tank
representatives from SCO member states
Participants shared insights and developed consensus on subjects such as commercial digitalization, data value exploration and digital
The online forum likewise featured the release of a set of design cases for China-SCO digital economy cooperation and a signing ceremony for
key partnership projects.The four sub-forums focused on the following themes: Data-Driven Industrial Empowerment, Innovations in Digital
Education and Cross-Border Talent Development, Data Governance and Ecological Collaboration and Building Next-Generation Digital
Infrastructure for Urban Futures
In current years, Tianjin has actually prioritized digital economy development
In Q1 of 2025, the citys core digital economy markets saw a 12.2-percent year-on-year income boost, with their included worth accounting for
9.4 percent of the citys GDP
The successful launch of the online forum marks a substantial step forward in Tianjins efforts to carry out Chinas nationwide digital
economy technique and deepen digital cooperation within the SCO structure
It also offers an important platform for fostering useful international partnership in the digital domain.
