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New Blue Ocean of Digital Economy and Mongolia-China Belt and Road Digital Cross-border Trade Link MDE Launch Conference A complete success in Ordos

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On June 19, 2022, the new blue ocean of digital economy and the MDE launch conference of the Mongolia-China Belt and Road Digital Cross-border Trade Link was successfully held in Ordos.

On the same day, the organizers invited Batel Chaolong, Deputy Consul of the Consulate General of Mongolia in Hohhot; Wuyun Gerile, Director of the Mongolian Ministry of Health; Dong Zhenguo, Deputy Director of the Smart City Expert Committee of Hebei Province; Zhang Wei, an internationally renowned documentary director and feature film director; Siqin Dalai, Curator of the Genghis Khan Private Museum; Naren Bilige, Executive Vice Chairman of Hohhot Film Association; Bao Ligema, Director of the Office of the Mongolia-China Belt and Road Council for the Promotion of International Trade; Thomas, Secretary-General of the Economic Development Committee directly under the Mongolia-China Belt and Road Council for the Promotion of International Trade, etc. The participants attended the “New Blue Ocean of Digital Economy and Mongolia-China Belt and Road Digital Cross-border Trade Link MDE Launch Conference”, which also received strong support from local relevant departments and a number of related enterprises.

The core content of this conference, “The Belt and Road Initiative”, is a major international cooperation initiative proposed by President Xi Jinping in 2013. Its core is to take infrastructure interconnection as the main line, strengthen policy communication and development strategy alignment of countries along the route, promote international cooperation and achieve common development. Nine years after “The Belt and Road Initiative” was proposed, it has received extensive support and positive responses from the international community, and has become the world’s largest cooperation platform and the most popular public product. At present, more than 150 countries and international organizations have signed “The Belt and Road” cooperation agreements with China, and “The Belt and Road” cooperation concepts and propositions have been written into the outcome documents of important international mechanisms such as the United Nations, the G20, and the Asia-Pacific Economic Cooperation.

Over the past nine years, as more and more countries joined the big family, the vision of “The Belt and Road Initiative” has been continuously transformed into action, and the idea has been transformed into achievements.

China and Mongolia are good neighbors, good friends and good partners linked by mountains and rivers, and the “Belt and Road” is a great road for good neighbors to achieve mutual benefit and win-win results, for good friends to join hands with each other sincerely, and for good partners to develop together. The “Belt and Road” initiative has added golden wings to Mongolia’s development.

At the same time, Mongolia and China are also rapidly arranging and vigorously developing the digital economy. As a relatively broad concept, any economic form that directly or indirectly uses data to guide resources to play a role and promote the development of productivity can be included in its category. At the technical level, it includes emerging technologies such as big data, cloud computing, Internet of Things, block chain, artificial intelligence, and 5G communications. At the application level, “new retail” and “new manufacturing” are typical representatives.

In today’s world, a new generation of information technology represented by big data, cloud computing, artificial intelligence, and block chain is developing rapidly, and the degree of integration with various industries and fields of the economy and society is deepening, profoundly changing the production, life, and the way of learning of human beings.

Since the 1990s, the United States has seized the opportunity of the digital revolution and created more than a decade of economic prosperity. Europe, Japan and other regions and countries have also closely followed the United States and actively promoted the digital revolution, which has produced great results. For developing countries, the digital revolution is a “once-in-a-lifetime” opportunity. In the digital age, developing countries can make full use of the late-mover advantages in the digital economy and narrow the digital divide with developed countries. India is a typical case of using the late-mover advantage of the digital economy to make its information technology highly competitive worldwide, thereby promoting the rapid development of its own economy.

Therefore, the Mongolia-China Belt and Road Council for the Promotion of International Trade was officially established in Ulaanbaatar, the capital of Mongolia, in December 2017. This agency is a functional agency established to promote Mongolia’s “Development Road” to connect with China’s “One Belt, One Road”. The purpose of the organization is to bring together friendly organizations and people from China and Mongolia, and rely on the political and business resources of the two countries to build a bridge for business cooperation between the two countries. After the establishment of the Mongolia-China Belt and Road Council for the Promotion of International Trade, it has successively established a series of institutions such as MDE Mongolia Institute, Mongolia International Travel Service, and Mongolia-China International Chamber of Commerce with relevant departments of the Mongolian government, so as to vigorously develop the digital economy.

In May 2022, the Mongolia-China Belt and Road Council for the Promotion of International Trade and MDE Mongolia Institute were reorganized and adjusted at the same time. Under the guidance and opinions of the relevant ministries and commissions of the Mongolian government, MDE Mongolian Institute appointed Shown water as the new chairman of the board of directors of the Mongolian Institute, who is authorized all matters of the Mongolian Institute and occupy the chairman of the board of directors of the Asia-Pacific region of the Mongolia-China Belt and Road Council for the Promotion of International Trade at the same time; MR Thomas served as the Executive President of MDE Mongolia Institute, and at the same time held a concurrent post as the Secretary-General of the Economic Development Committee directly under the Mongolia-China Belt and Road Council for the Promotion of International Trade, leading the development and operation of its subsidiary CBRI. At the same time, two well-known communities, Hive and BCK, also took the lead in joining MDE.

A single flower does not make spring, while a hundred flowers in full blossom bring spring to the garden. The China-Mongolia Belt and Road CCPIT will continue to forge ahead, continue to promote the further deepening of the business cooperation between the two countries, and will gradually extend to tourism, cultural tourism real estate, photovoltaic power generation new energy, artificial intelligence, cross-border e-commerce live streaming and supporting TikTok International new media center, Zamyn-Uud International Free Dry Port (North Port) drawing investment, investment and construction, international finance, etc., to foster China-Mongolia friendship and win-win situation, and actively promote the construction of the Mongolia-China-Russia Economic Corridor.

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