BEIJING, Jan. 21, 2019 /PRNewswire/ -- Digital technology
is becoming an indispensable part of the Fourth Industrial
Revolution in the Globalization 4.0 era by helping traditional
industries improve efficiency and lower costs, said Chen
Shengqiang, CEO of China's JD
Digits, ahead of the World Economic Forum 2019 in Davos, Switzerland.
Chen will present his views on the theme of this year's
gathering, "Globalization 4.0: Shaping a New Architecture in the
Age of the Fourth Industrial Revolution", during a panel discussion
alongside other industry leaders in Davos on Tuesday afternoon.
By applying its cutting-edge technologies in big data, AI, IoT
and blockchain across a variety of sectors such as finance,
agriculture, and urban design in both China and around the globe, JD Digits is
helping to reshape traditional industries and enhance the lives of
people all over the world.
"As we enter into the Globalization 4.0 era, digital technology
is having a significant impact on corporate investment patterns all
over the world, and international value creation is tied to the
technological vision of the Fourth Industrial Revolution," said
Chen. "The data-driven economy continues to transform global value
chains and helps bring more players from different regions around
the world into the globalization wave."
"Represented by the advances in digital technology, the Fourth
Industrial Revolution is changing companies' internal operation
models and generating a data-driven global economy," Chen
continued. "As the world continues to work together to build a
common society, digital technology also helps to break
self-centeredness and build a wider community based upon mutual
reliance and shared values."
Globalization is a crucial part of JD Digits' strategy. The
company works closely with local financial institutions and
universities in Hong Kong, runs a
joint venture in Thailand with the
country's leading retailer the Central Group, and provides key
FinTech services to several other Southeast Asian countries. It
also operates a world-leading AI lab in
Silicon Valley.
As the world faces new challenges brought by the transition to
Globalization 4.0, Chen said that JD Digits, as a global company
which places technological innovation at its core, believes that
the following steps should be taken to successfully overcome these
issues:
Firstly, technology should be utilized to reduce the cost of
industrial chains, improve productivity and create greater
added-value to boost industry development. Secondly, remaining open
and connected will enable the continued expansion of industrial
digitalization and deepen the
development of the digital economy. Thirdly, focusing on building
global partnerships based on achieving mutual benefits and common
values and establishing a new business value chain that sets the
goal of maximizing the value of the whole industry instead of just
the company will bring greater
rewards.
About JD Digits
JD Digits was formerly known as JD Finance until it was
comprehensively upgraded and rebranded in November 2018. Its operational purpose is to
connect the finance industry and real economy by using digital
technology, boosting the influence of the Internet, enhancing
digital and smart industry development, fostering the development
of the real economy and creating greater social value.
With its cutting-edge technologies and expertise in big data,
AI, IoT and blockchain, JD Digits has been involved in many fields,
including finance, urban computing, agriculture, campus services
and digital marketing. In the future, JD Digits will enter more
real economy sectors and will more deeply explore current business
patterns and developing trends.
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SOURCE JD Digits