CITIC Telecom Showcases Intelligent Innovation and Digital Empowerment at 2024 World AI Conference: A Look into AI Integration and Industry Transformation

CITIC Telecom, a leading multinational 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 CTM, CITIC Telecom CPC, China Entercom, and ACCLIVIS, CITIC Telecom will showcase their innovative solutions in AI development, industry integration, and digital transformation for businesses involved in the "Belt and Road" Initiative. Through the support of CITIC Group, CITIC Telecom aims to demonstrate their cutting-edge globalized solutions and drive new advancements in the field of technology.

In this year's exhibition, CITIC Group is featuring their capabilities in integrating technology, industry, and finance in the "Application Empowerment" zone. The theme "Smart CITIC: Creating Possibilities Together" highlights their use of AI in various business sectors, showcasing their expertise in driving the growth of the digital economy.

CITIC Telecom is a key player in the new consumer market and is integral to 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. Through strategies like "Going Global" and "Entering China", CITIC Telecom helps businesses speed up their digital transformation journey. They are committed to advancing digitalization within the "Belt and Road" Initiative and turning ideas into actionable plans and visions into reality.

The "AI+" Initiative is helping to drive the digital transformation of industries.

Over the past few years, AI has become a key focus in national strategies. It has not only advanced technologically and provided data-driven solutions and policy support, but has also become more integrated across different industries. This year, the Government Report introduced the "AI+" initiative for the first time. CITIC Group has recognized the strategic importance of AI and is working to integrate it deeply into industrial development, fostering new-quality productivity and modernizing industrial digitalization systems. At this year's WAIC, CITIC Group announced the launch of the "AI+ Action Plan" campaign during a press conference, in collaboration with 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 focusing on optimizing and complying with value propositions under new development initiatives like the "Belt and Road" and "Going Global". Enterprises should enhance their "Going Global" models by shifting from exporting products to production capacity, leading to a comprehensive transformation of their business models. It is essential to leverage advantages to offer flexible DICT services like "Cloud, Network, Security" and utilize technologies such as AI to empower enterprises and create new values tailored to different industries.

Furthermore, CITIC Telecom CPC and China Entercom have partnered with CITIC Dicastal, an important player in CITIC Group's advanced intelligent manufacturing sector and a top aluminum wheel producer globally, to introduce a new initiative called the "AI+" Action Plan. This plan aims to collaborate in developing a large-scale industry model for aluminum automotive components.

CITIC Dicastal is known as the first factory in the aluminum wheel industry to focus on high-end, intelligent, and environmentally friendly development. They are actively involved in the "Belt and Road" Initiative and are helping Chinese enterprises expand internationally. CITIC Telecom CPC's Chief Vice President, Mr. Layton Lok, expressed excitement about partnering with CITIC Dicastal to create a secure and efficient data network for their global operations.

The collaboration between two parties aims to create a new model for producing aluminum automotive parts using AI and big data technologies. CITIC Dicastal's manufacturing expertise will be combined with these advanced technologies to improve various aspects of the manufacturing process, such as AI-driven Manufacturing, Process Optimization, R&D Design, and Operational Decision-Making. This partnership will also focus on promoting Green and Low-Carbon development within the industry, increasing production efficiency and intelligence. China Entercom will contribute its "AI+ Security" capabilities to enhance real-time response alerts and ensure information security across CITIC Dicastal's global factories, particularly in the Belt and Road region. These efforts will strengthen the foundation of information security and lead to a new era of innovation in smart manufacturing.

The "China-France Corridor" is promoting the growth of digitalization in both countries.

In the main area of CITIC Group's exhibit, there is a display called the "China-France Corridor" highlighting CITIC Telecom's efforts in supporting businesses in both China and France. The Chief Technology Officer, Mr. Dickson Ip, mentioned that this year marks the 60th anniversary of diplomatic relations between the two countries. Europe is also a significant region for CITIC Telecom, so they established the special exhibition area to showcase the progress of cooperation in digital innovation between China and France.

CITIC Telecom has strengthened its partnership with French businesses over time and has achieved success in supporting them and attracting them to "Enter China". This seamless integration of global operations spans across various sectors, including top-tier luxury and retail brands, automotive components and high-end manufacturing suppliers, as well as media and professional services firms. Through its integrated platform of "Cloud, Network, Security", CITIC Telecom has helped numerous prestigious French companies enter and expand their presence in China, offering their services in the country. CITIC Telecom also works towards assisting Chinese companies in expanding internationally and accessing the French market by providing extensive ICT resources and local technical support. This facilitates a strong and secure connection between Chinese and French enterprises, contributing to the advancement of the global digital economy.

One example of a successful integration of AI and corporate business is a project undertaken by a multinational manufacturing company. The China Entercom team used AI and a big data platform to create a material forecasting solution for the customer's global supply chain. Their goal is to improve accuracy to over 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 stated that CITIC Telecom is committed to serving as a connection and facilitator, utilizing advanced digital technologies to discover new partnership possibilities with French businesses in the fields of intelligent manufacturing, retail, and urban development.

Boosting the use of digital technology in the "Belt and Road" Initiative by introducing new accomplishments and enhancing progress in different industries.

The main focus of the "Belt and Road" Initiative is to connect different regions through infrastructure. CITIC Telecom has been actively involved in this initiative since its beginning, 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, and network security. The company aims to support global corporate digitalization under the "Belt and Road" Initiative, helping Chinese and foreign businesses in various industries to grow internationally.

CITIC Telecom operates in 160 countries and regions across 5 continents globally. The company's extensive network includes almost 170 points of presence, 21 cloud service centers, over 30 data centers, three 24×7 Security Operations Centers, and more than 600 service partners worldwide. These resources enhance the company's ability to provide high-quality services to customers and support their Global-Local strategy.

The digitalization advancements in the "Belt and Road" Initiative have helped Chinese companies like CRRC Corporation, CITIC Dicastal, NIO, Zijin Mining, and Anton Oilfield Services Group to expand their international presence, improve how they operate, lower costs, increase efficiency, adopt new technologies, and grow their global market share. Meanwhile, CITIC Telecom, drawing on its 20 years of experience in China, is assisting foreign companies in turning technology into valuable business solutions, leading to sustained growth and stability in the Chinese market.

CITIC Telecom has helped more than 3,000 businesses expand internationally and enter the Chinese market, and has provided services to over 40,000 local companies. Additionally, CITIC Telecom has over 200 clients from the Fortune 500 list.

According to Mr. Layton Lok, the expansion of Chinese companies internationally and foreign companies entering the Chinese market have both had positive effects on the local economy and overall development. For example, CITIC Dicastal's project in Morocco has provided over 1,800 job opportunities for the local community. Additionally, a French beauty company has established its headquarters in Shanghai, allowing for better market reach in the Yangtze River Delta region with the use of digital solutions to address the development needs of the area.

Stop by our booth at location H1-B101.

Artificial intelligence is a crucial digital technology in today's world. Its widespread use in various industries and creative applications can help businesses improve value and undergo transformation. Stop by the CITIC Telecom booth H1-B101 to see our latest accomplishments and collaborate on integrating and implementing new digital technologies.

The 2024 World AI Conference can be found at www.citictel.com for additional details.

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