GIEC 2017 embraces IoE era
The 2017 Global Internet Economy Conference (GIEC) kicked off at the Beijing International Convention Center on Sept 5, ushering in the new era of Internet of Everything (IoE).
The two-day event attracted hundreds of China's internet giant and institutes, including Tencent, Baidu, Alibaba, 360, Microsoft China, China Unicom and Beijing's Central Business District.
A forum series was organized for the event, covering topics including digital business, intelligence, cross-border e-commerce, smart ecology development, big data and financial science and technology.
Alibaba's Qianxun SI invited Xiaomi and 360 to join in a roundtable. Ping An of China held a product release conference, providing science and technology solutions for finance.
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The 2017 Global Internet Economy Conference (GIEC) kicked off at the Beijing International Convention Center on Sept 5. [Photo/zhsp.gov.cn] |
China has started research and development on fifth generation mobile networks, and it plans to build an open R&D platform for 5G technology this year, with the technology being fully commercialized by 2020.
The consumption of information is expected to generate 6 trillion yuan ($916 billion) with an average annual growth of over 11 percent.
IoE is a broad term that refers to devices and consumer products outfitted with expanded digital features. It is a philosophy in which the future of technology is comprised of many different types of appliances, devices and items connected to the internet.
GIEC, as a leading convention for the internet industry, aims to drive innovation and seek new opportunities for cooperation between internet giants.
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Liu Xiaoke, vice-president of Yiche.com, delivers a speech during the 2017 Global Internet Economy Conference. [Photo provided to chinadaily.com.cn] |
Edited by Zachary Dye