CITIC Telecom Takes Center Stage at 2024 World AI Conference: Showcasing Intelligent Innovation and Digital Empowerment for the Future

CITIC Telecom International Holdings Limited, a leading telecommunications company in the Asia-Pacific region, has partnered with its subsidiaries to participate in the 2024 World AI Conference for the third consecutive year. Together with Companhia de Telecomunicacoes de Macau, S.A.R.L. (“CTM”), CITIC Telecom CPC, China Entercom, and ACCLIVIS in South East Asia, they will showcase advancements in AI development, industry integration, digitalization for businesses involved in the "Belt and Road" Initiative, and the creation of innovative solutions on a global scale. This collaboration is part of CITIC Group's efforts to promote intelligent innovation and digital empowerment.

This year, CITIC Group is participating in the "Application Empowerment" exhibition area to highlight how their combination of technology, industry, and finance creates opportunities together. They are showcasing how AI is integrated across various business sectors, showing their expertise in driving the digital economy's high-quality development.

CITIC Telecom is a crucial part of the new consumer market and plays a significant role in CITIC Group's "Belt and Road" business strategy. At the "AI+ Computing Network" exhibition zone, CITIC Telecom focuses on showcasing innovative technologies like AI, big data, and AR, as well as its global ICT resources. By demonstrating successful applications in various industries, CITIC Telecom helps businesses speed up their digital transformation journey through strategies like "Going Global" and "Entering China". They are dedicated to advancing digitalization in the "Belt and Road" Initiative and turning ideas into actions and visions into reality.

The "AI+" initiative is supporting the advancement of digitalization in industries.

In recent years, AI has become a key focus of national strategy. It has not only advanced in technological development, data-driven solutions, and policy support, but has also become more integrated across different industries. The Government Report for this year introduced the "AI+" initiative for the first time. CITIC Group is taking advantage of the strategic opportunities presented by AI to promote its integration with industrial development and accelerate the adoption of new quality productivity and modernized industrial digitalization systems. At this year's WAIC, CITIC Group announced the launch of the "AI+ Action Plan" campaign during a press conference, which is being led by CITIC Telecom and its subsidiaries such as CITIC Telecom CPC and China Entercom.

During the "CITIC Solutions Accelerate Industry Transformation" session, Mr. Adan Zhan, Senior Director of Data Science and Innovation at China Entercom, gave a speech on "Global DICT Service Solutions." He highlighted the importance of enterprise globalization in the context of initiatives like the "Belt and Road" and "Going Global", emphasizing the need for optimization and compliance of value propositions. Zhan suggested that enterprises should focus on transforming from exporting products to enhancing production capacity to drive a comprehensive transformation of their business models. He also stressed the importance of leveraging advantages to provide flexible DICT services like "Cloud, Network, Security," and utilizing technologies such as AI to empower enterprises and create new value through tailored application scenarios for different industries.

Furthermore, CITIC Telecom CPC and China Entercom have partnered with CITIC Dicastal, a major player in CITIC Group's advanced intelligent manufacturing sector and a top aluminum wheel producer globally, to introduce a new "AI+" Action Plan aimed at co-creating a large-scale industry model for aluminum automotive components.

CITIC Dicastal is the first factory in the aluminum wheel industry to focus on high-end, intelligent, and environmentally friendly development. They are actively participating in the "Belt and Road" Initiative and are helping Chinese enterprises expand globally. CITIC Telecom CPC is partnering with CITIC Dicastal to create a secure and efficient data network for their global operations and management. This partnership will help CITIC Dicastal become more digital and intelligent in their business practices.

A collaboration between two parties has led to the development of a new industry model for aluminum automotive parts. This model incorporates AI and big data technologies, along with CITIC Dicastal's expertise in manufacturing, to drive AI-driven manufacturing processes, optimize operations, design new products, make informed decisions, and promote environmentally friendly practices in various industries. This collaboration aims to improve production efficiency and intelligence, as well as upgrade the entire smart manufacturing industry chain. China Entercom brings "AI+ Security" capabilities to the table, enhancing real-time response alerts and promoting connectivity among CITIC Dicastal's global factories while also addressing information security threats on a global scale, particularly in the Belt and Road region. These efforts strengthen information security measures and pave the way for a new era of innovation in the industry.

The "China-France Corridor" is driving innovation and growth in digitalization.

Within the exhibit area of CITIC Group, the focal point is the "China-France Corridor" display, highlighting the success of CITIC Telecom in supporting businesses in both China and France. Mr. Dickson Ip, the Chief Technology Officer of CITIC Telecom, noted the significance of the 60th anniversary of diplomatic relations between China and France. He emphasized Europe's importance in CITIC Telecom's resource allocation and the establishment of the "China-France Corridor" exhibition area to showcase the advancements in digital innovation through cooperation between the two countries.

CITIC Telecom has strengthened its partnerships with French businesses over time, achieving success in supporting and attracting them to expand into the Chinese market. Through their integrated platform of "Cloud, Network, Security", CITIC Telecom has assisted various French companies in establishing a presence in China, enhancing their operations in the country, and offering services to the Chinese market. Additionally, CITIC Telecom is dedicated to helping Chinese companies expand globally and access the French market by providing comprehensive ICT resources and local technical assistance. This facilitates a secure and strong connection between Chinese and French businesses, contributing to the growth of the global digital economy.

One example of AI and corporate business working closely together is a project from a well-known multinational manufacturing company. The China Entercom team is using AI and big data to create a material forecasting solution for the customer's supply chain system. This solution aims to lower costs and make operations more efficient. The team's goal is to improve the accuracy of the forecasting system to above 80% within the next 6 months. The solution takes into account market trends, past sales data, seasonal patterns, and economic indicators, using machine learning algorithms to predict changes in market demand.

Mr. Dickson Ip mentioned that CITIC Telecom aims to serve as a connection between different companies, using new digital technologies to find more ways to work together with French businesses in areas like smart manufacturing, smart retail, and smart cities.

Boosting the use of digital technology in the "Belt and Road" initiative by introducing new advancements and enhancing progress in different sectors.

The main focus of the "Belt and Road" Initiative is creating connections between countries. CITIC Telecom has been actively involved in the initiative since it began, following a strategy of expanding internationally and entering the Chinese market. In addition to improving its own global ICT resources, CITIC Telecom is also working on integrating new technologies like AI, cloud computing, network, and security. The company is dedicated to supporting global businesses in their digital transformation under the "Belt and Road" Initiative, assisting Chinese and foreign companies in various industries with their international growth.

CITIC Telecom operates in 160 countries and regions across 5 continents globally. The company's network resources link almost 170 points of presence (POPs), 21 cloud service centers, over 30 data centers, three 24×7 Security Operations Centers (SOCs), and more than 600 service partners worldwide. This setup enhances delivery capabilities for customers and strengthens CITIC Telecom's Global-Local strategy.

The latest advancements in digitalization within the "Belt and Road" Initiative have been beneficial for Chinese companies like CRRC Corporation, CITIC Dicastal, NIO, Zijin Mining, and Anton Oilfield Services Group in expanding their global presence, improving operations, reducing costs, and implementing innovative technology. Additionally, CITIC Telecom, with its extensive experience in China, is helping foreign enterprises convert technology into business value and achieve sustainable growth and stability in the Chinese market.

CITIC Telecom has helped more than 3,000 businesses expand internationally and enter the Chinese market, while also providing services to over 40,000 local businesses. Additionally, CITIC Telecom counts over 200 Fortune 500 companies among its clientele.

According to Mr. Layton Lok, both Chinese companies expanding globally and foreign companies entering the Chinese market have positive effects on local economies and overall development. For example, the construction of a high-end intelligent automotive aluminum parts manufacturing base by CITIC Dicastal in Morocco has resulted in the creation of over 1,800 jobs for local residents. Additionally, a French-owned beauty company has established its North Asia headquarters in Shanghai. Utilizing digital solutions, the beauty company has been able to effectively expand its market presence in the Yangtze River Delta region and cater to the development needs of the area.

Stop by our exhibit at booth H1-B101.

Artificial Intelligence (AI) is a crucial digital technology in today's world. Its widespread use in various industries and creative applications helps to improve value and drive transformation for businesses. Come to the CITIC Telecom booth H1-B101 to see our groundbreaking accomplishments and collaborate on exploring the integration and new uses of digital technologies.

The 2024 World AI Conference can be found at the website www.citictel.com for additional information.

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