Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, December 11 2020 - 14:30
China and Japan Conducted Genuine Discussions on Digital Economy: How to Jointly Boost Regional Cooperation
BEIJING, Dec. 11, 2020 /PRNewswire-AsiaNet/ --

A report from Science and Technology Daily | IUSTC:

In 2020, COVID-19 has had a profound impact on the world, and the digital 
economy has highlighted its massive potential in the global joint response to 
the pandemic.

According to the estimation of a report published by Oxford Economics, the 
share of digital economy in global GDP will rise from 15% to around 25% by 
2025. At present, in terms of the size of digital economy, the United States 
ranks first, China second, and Germany, Japan and the United Kingdom rank from 
third to fifth.

This development trend has brought "digital economy" to the spotlight on the 
world stage, and related topics of digital economy have become essential topics 
promoted in the bilateral and multilateral frameworks.

The "Digital Economy Sub-forum" of the 16th "Beijing-Tokyo Forum" was held on 
December 1st. Twelve experts and scholars from China and Japan discussed the 
possibility of cooperation between the two countries, and they also reached 
consensus on relevant issues during the session.

A New Topic: How will digital economy involve in social governance?

What kind of digital society are we going to build? Zhao Jiannan, Commercial 
Vice President and Chief Representative of North East Asia of Tencent Cloud 
emphasized the importance of digital economy: "Digital technology is like the 
'ligament' of economic and social operation, relieving 'hard impact' through 
'high resilience' and saving strength for 'V-shape rebound' of industries in 
the process of rapidly going through economic plights brought by the 

What role can digital technology play in supporting digital economy and even 
social governance?

Liu Song, Vice President of Alibaba, pointed out that digital governance is 
likely to become an important direction to enhance global governance capacity 
from the perspective of China's scientific and technological fight against the 
COVID-19 pandemic and economic recovery. Pluralistic co-governance based on 
digital technology, will become an innovative form of social and city 
governance. Experts at the conference largely agreed on this idea, and they 
believed that Asia would become an important region to conduct trials of global 

When answering how to manage data, especially in cross-border data 
confirmation, taxation and other common problems faced by many countries, Liu 
explained by sharing the wisdom of ancient water control in China. He said: 
"Today's data elements are very similar to the water elements. Managing data is 
also similar to controlling water, which should not be blocked or dispersed. 
Due to the diversity and variability of data elements, simple hard rules cannot 
be used to regulate data of liquidity."

Attended guests from both sides agreed that, the era of digital economy has 
already started, the digital knowledge and information has become a key factor 
of production and a new driving force for economic growth and social 

As for digital economy, which may bring a new round of technological 
revolution, how can we project the enthusiasm of innovation and move forward 
orderly under regulation at the same time? 

Fang Hanting, the forum host from Chinese side and vice President of Science 
and Technology Daily, illustrated that innovation and regulation are a pair of 
contradictions. Without a certain innovation process, it is impossible to have 
a target in mind which ones should be regulated and which ones should be eased. 
Conversely,  if the series of risks brought by new changes are not taken into 
account when the innovation activities enter new phases, it will also bring 
many unpredictable problems. If seen from another perspective, innovation is a 
form of breakthrough whereas regulation protects innovation. The two elements 
restrain and reinforce each other at the same time.

Taking artificial intelligence technology as an example, Toshio Iwamoto, Chief 
Corporate Advisor of NTT DATA Corporation, proposed that data developers of AI 
technology need to formulate rules for the use of data, and relevant rules 
should be formulated to set restriction on data users. Norihiro Suzuki, 
executive director and Chief Technology Officer of Hitachi, suggested that the 
use of data requires greater wisdom to comprehensively balance personal and 
public interests.

A New Starting Point: Enhancing mutual trust on the Regional Comprehensive 
Economic Partnership ¬ĀiRCEP)

Digital security was a key topic of discussion at the forum.

Tatsuya Ito, Member of the House of Representatives of Japan noted that China 
has made full use of digital technology during COVID-19 .

Norihiro Suzuki pointed out that different countries have different situations 
and we need to comprehensively consider factors such as institutions and 
systems to discuss related issues. He expressed his hope that Japan and China 
can further explore the possibility of cooperation in this regard.

Fang Hanting emphasized that China and Japan, especially the industrial sector 
of both countries, should seriously consider how to deepen cooperation in the 
digital industrial chain and ensure uninterrupted supply of the industrial 
chain while jointly using and maintaining it as a public product.

Xu Zhiyu, President of Global Government Affairs of Huawei Technologies Co., 
Ltd., stressed that Huawei has always taken network security and user privacy 
protection as the highest guideline and foundation of its business. For more 
than 30 years, Huawei has served customers from more than 170 countries and 
regions and never received any request from the government to provide user 
information. Huawei will never risk its customers' rights or its own survival.

The guests from both sides mentioned the "Regional Comprehensive Economic 
Partnership Agreement (RCEP)" that had just been signed. They agreed that in 
the midst of the uncertainty of the digitization process, the signing of this 
agreement provides a rare historical opportunity for international cooperation 
in the field of digital technology and digital industry. The prospects of 
China-Japan cooperation under bilateral and even multilateral frameworks are 

On September 8th, 2020, China put forward the Global Data Security Initiative 
at an international seminar on "Seizing digital opportunities for cooperation 
and development". Referring to the existing information asymmetry between China 
and Japan to a certain extent, Fang stressed that the media of both sides 
should provide balanced coverage for their citizens so as to establish the 
foundation of mutual trust as soon as possible. "We believe that we should 
respect each other's digital sovereignty, build digital mutual trust under the 
UN framework, and implement regional integration of digital economy under 
multilateral frameworks such as RCEP."

A New Direction: Open cooperation to jointly create a digital future of the 

Just as a sport competition is transferred to a new arena, the new 
technological revolution and industrial transformation will reshape the 
structure of the global economy. At the forum, participants reached consensus 
that China and Japan, especially the industry sector of both countries, should 
swiftly grasp the trend and seize the opportunity. All players from two sides 
should not spend too much time in waiting and seeing. The call from the new 
technological era needs active participation and cooperation.

Taro Shimada, Executive Officer and Corporate Senior Vice President of Toshiba 
Co., Ltd., Japan and the head of its digital business, pointed out that 
maintaining world peace requires openness and exchanges. The most important 
thing is the exchange of scientific and technological information. He suggested 
that China and Japan can open wider and wider to each other and reach consensus 
through open and honest exchanges at the same time.

Regarding cross-language and cross-cultural information exchange, Jiang Tao, 
senior vice president of iFlytek Co., Ltd., noted that the cooperation scope 
between China and Japan in the field of artificial intelligence will be very 
broad. He gave an example. In October 2018, Eiken Foundation of Japan announced 
for the first time that it would introduce machine evaluation technology in the 
spoken language test and iFlytek is the only partner. Starting in 2019,. the AI 
automatic scoring system provided by iFlytek helps to improve the accuracy and 
efficiency of scoring in the practical English skills test CBT. "At present, 
iFlytek translators have been sold to more than 130 countries and regions, and 
have achieved barrier-free communication among more than 60 languages. iFlytek 
has become the official exclusive supplier of automatic voice conversion and 
translation for the Beijing 2022 Winter Olympics and Paralympics. We hope that 
our artificial intelligence technology can also offer help to Tokyo Olympics 
next year,."

Jia Jingdun, director of the Torch High Technology Industry Development Center 
of the Ministry of Science and Technology of the People's Republic of China, 
suggested that China's high-tech industrial development zones provide a good 
environment for digital technology innovation and industrial development. The 
169 national high-tech industrial development zones attach great importance to 
the development of digital economy. In recent years, dozens of national 
high-tech zones such as Xi'an, Hefei, Hangzhou and Shenyang have formulated 
corresponding plans for digital economy or digital industry development .

Jia made several suggestions on the cooperation between China and Japan. First, 
differences should not restrict the cooperation between the two parties. Given 
that Sino-Japanese cooperation does not violate the current laws, raising 
concerns can provide an entry point for deepening cooperation; Second, China 
and Japan can carry out pragmatic cooperation in the development of the digital 
economy and industry, and continue to propose specific solutions to the 
concerns of both parties; Third,  multi-layer exchanges and cooperation among 
government, universities, research institutes and enterprises should be carried 

Liu Song also responded to this suggestion. He proposed, "We might as well 
adopt the 'special zone' model in the high-tech industrial development zones 
and the free trade zones to continuously discuss and ultimately formulate 
regulations agreed by both parties."

Norihiro Suzuki noted that in the cooperation of digital development, it is 
also very important to share each other's social concepts and values. Both 
parties need to build  rules for data flow on the basis of shared values and 
better apply them to revitalize private enterprises, thus promote the 
development of a digital society in the future.

The guests from both parties also discussed the inherent logic of digital 
currency and future regional economic integration. Hiromi Yamaoka, director of 
Future Co., Ltd., Japan, pointed out that Japan is willing to cooperate with 
China and continue to promote coordinated development of regional economy.

"While respecting the values of customers, Huawei expects to continue to create 
local value all over the world, including Japan. Both China and Japan have 
industrial advantages and innovative spirit. Japanese companies and Huawei have 
natural complementary advantages concerning supply chain and technology. Open 
cooperation between Chinese and Japanese companies can jointly create a digital 
future. In addition, the development of the digital economy in China and Japan 
is inseparable from a good industrial environment and innovative talents. It is 
also hoped that China and Japan can create a more open policy environment, 
encourage innovation, and help small and medium-sized enterprises of the two 
countries to carry out more and deeper cooperation, thus jointly provide the 
most competitive solutions and products to the world market," Xu Zhiyu 

SOURCE: Science and Technology Daily | IUSTC