The "Belt and Road" superimposes AI and digitalization, and Chinese enterprises meet new opportunities for global development

introduction:

The third "Belt and Road" International Cooperation Summit Forum will be held in Beijing from October 17 to 18, with the theme of "high-quality joint construction of the" Belt and Road "and joint development and prosperity". This forum is not only the most grand event to commemorate the 10th anniversary of the "Belt and Road" initiative, but also an important platform for all parties to discuss and jointly build high-quality "Belt and Road" cooperation.

The holding of the "Belt and Road" International Summit Forum will provide a new opportunity for the global development of Chinese enterprises.

"China is the world leader in many fields of 'AI+digitalization', many domestic products and capabilities have obvious competitive advantages, and the international market contains huge business opportunities." Recently, at the 12th anniversary theme celebration of Rong360's "Brilliant Youth into the Future", Ye Daqing, the co founder and CEO of Rong360, gave a speech on digitalization, artificial intelligence The future development of globalization is full of expectations. In addition, the speech's forward-looking judgment on AI development, exploration and evaluation of digital opportunities, profound discussion on the globalization of the "Belt and Road", and clear judgment and description of the global competitive advantages of Chinese enterprises are quite macro vision and development inspiration.

The following is the full text of Ye Daqing's speech, hoping to provide some references for the global development of Chinese enterprises:

Dear Xiaorong, hello! We have just celebrated the Mid Autumn Festival and the 11th National Day, and also celebrated the success of the Hangzhou Asian Games. Yesterday, we all gathered together to celebrate the 12th anniversary of Rong360 and successfully hold the Games.

Rong360 has celebrated its 12th anniversary. 12 is a special number. According to the Book of Rites, 12 is "the number of days", and the year stars form a cycle every week. It represents the passage of time and the change of years. Rong360, which has been founded for 12 years, has passed through the first cycle. We have successfully survived and resumed growth. At the age of 12, Rong360 has become a youth! Over the past 12 years, we have served hundreds of millions of consumers and small and micro enterprises around the world, with thousands of partners. Our business and investment covers more than 500 cities in China, Southeast Asia, Latin America, Europe and other countries and regions. We made headlines on CCTV News Network, and its Jane&Poor Technology was successfully listed. Angel invested digital bank Storicard has an estimated value of nearly 10 billion. After 12 years of hard work, we have had brilliant highlights, and it is hard to avoid difficulties and dangers. During this time, we were lucky to get the care and guidance of the government, the support of partners, the trust of users, especially our small financiers, who work together, share weal and woe, and work together, Go to the same discipline!

After 12 years of establishment, the company has entered a new stage of development. We are bound to face challenges and difficulties, but more opportunities. I hope that the small financial institutions will see the achievements, the bright future, the opportunities and the courage to face the challenges.

What is light and opportunity? First, technology and innovation, especially AI, will change the fate of mankind, change our lives, and change technology and finance. AI is ten times more likely than mobile Internet. Most of the products we have done in the past 12 years can be redone with AI. General AI will exceed the total human intelligence by 10 times in 10 years, and AGI (Artificial Universal Intelligence) will be realized in 10 years. Rong360 started to invest in generative AI innovation exploration at the beginning of the year, and based on the ability of open source big model, it developed the application of multimodal products in financial technology and other fields. In addition, the company integrates large models, AI generation and other tools into daily operations to improve efficiency and productivity. At the same time, we also successfully held the first AI Hacksong Competition. Later, we will promote the implementation of high-quality projects in actual business, and incubate and invest in some high-quality and high potential AI oriented projects. We hope that we can keep an open and empty mind, continue to learn and explore, experience ourselves, follow up the cutting-edge trends, and create AI products that users and customers love. Secondly, the trend of digitalization continues, and there are at least 20 years of development opportunities. From the perspective of industry, the digital development of banking, insurance, securities, wealth management, financial technology and other financial subdivisions is still very early; From a regional perspective, the process of digitalization in Southeast Asia, Latin America, the Middle East and Africa has just begun. China is leading the world in many digital fields, and many of our products and capabilities are leading the world. There are huge business opportunities waiting for us to explore. Third, globalization. In the past two weeks, I have made intensive visits to many financial technology, artificial intelligence and digital enterprises during the Mid Autumn National Day holiday to learn and communicate with global entrepreneurs and investors. Silicon Valley and Seattle, the birthplace of venture capital and AI, are also the most active places; Go to Mexico City to communicate with the founder and local team of our angel investment, Mexico's second largest digital bank, and also the unicorn enterprise Storicard; Mexico is the biggest beneficiary of deglobalization. Now last Thursday, I walked through the deserted Wall Street and sat on the stone bench in front of the New York Stock Exchange. I thought of the bustling and bullish Thursday morning when it was listed in November 2017, and could not help sighing that Wall Street was declining, Silicon Valley and Zhongguancun were rising, and the Guangdong Hong Kong Macao Greater Bay Area and the Yangtze River Delta urban agglomeration would become the most dynamic and potential places for global innovation and economic development.

Chinese entrepreneurs, Chinese enterprises are very competitive in the world. We have the ability to innovate, dare to think and fight, have perseverance and endurance, and we are also very "voluble". We have the world's top product operation and integration capabilities. We can link products and markets, technology and finance, and the world. Most people in the world, including ourselves, underestimate the competitiveness of China and its people in the world. Globalization is not just Chinese enterprises going to sea, but combining the innovation and entrepreneurship capabilities of Zhongguancun, Guangdong Hong Kong Macao Greater Bay Area, Yangtze River Delta urban agglomeration, Changsha, Wuhan, Chengdu and other new Jincheng cities with digitalization and AI to create globalized products and provide services to people around the world.

Let me sum up: the combination of AI with digitalization and globalization will be a huge opportunity in the next decade and the next era, which will generate a number of companies with billions of users, trillions or even billions of yuan in value worldwide; The financial technology industry will generate more than 100 million users, 100 billion yuan and trillion yuan of financial technology and financial institutions. Can we become an innovative company to build hundreds of millions of users again, and can we incubate and invest more unicorns and 100 billion companies. The small financiers present hope that we can make joint efforts to ride the wind and waves and innovate in the big opportunity of AI+digital+globalization!

Before boarding the plane, I ran by the lake outside Boston with a long-term fund investor of a bank with a history of more than 200 years and many times through cycles. Looking up at the lake, the scenery is very beautiful. In the distance, there are trees, red leaves, and autumn scenery stretching mountains. But there are small stones on the uneven road of the lakeside path. If you don't look down, you may stumble. Entrepreneurship and running are the same. We should look down at the road, do a solid job, and pay attention to risks. Lift your head and pull the car. Don't go in the wrong direction. Looking up at the stars occasionally, you can dream of the future. This is a kind of ability and a kind of mentality.

Today is the sports meeting for all. I also want to talk about sports and entrepreneurship: do sports and entrepreneurship need to set goals and work closely together as a team! We should have courage and determination, perseverance, the ability to constantly learn and the spirit of hard work. Those who do not exercise are not good entrepreneurs! Let's take out the sportsmanship together and become the entrepreneurial iron man of the times in the journey of entrepreneurship!

Rong360's mission and vision is to "make finance easier and become everyone's financial partner", Jianpu, Jianpu, Jianpu, Jianpu Al's mission is: AI and technology make life easier and more inclusive. The times are changing, the industry is changing, and the world is changing. Our mission and vision remain unchanged!

key word: The Belt and Road Initiative globalization Twelve years development