Beijing sets up Global Digital Economy Collaboration Alliance

The Global Digital Economy Collaboration Alliance was recently established in Beijing under the guidance of the Beijing Municipal Bureau of Economy and Information Technology and the Daxing District People's Government of Beijing Municipality.

Twenty-four business groups and firms, including the Euro-Sino Enterprises Association, the Export-Import Bank of China, China Telecom, Li Auto, and KPMG, joined as founding members.

The alliance is established with a mission of building a new digital globalization ecosystem and empowering enterprises to expand worldwide. Members will aim to establish service standards and evaluation frameworks for overseas expansion, regularly publish best practice case studies, align closely with international digital strategies and corporate needs, and jointly strengthen the global collaborative network for the digital economy.

The alliance is located at the Beijing Innovation Service Hub for Digital Economy Enterprise Going Global. Based in the Beijing Daxing Economic Development Zone, the hub is China's first government-led innovation platform dedicated to fostering global expansion for the digital ecosystem.

With the establishment of the alliance, the hub unveiled its four core innovation service stations to build a one-stop global expansion system covering management, data, technology, talent, and other essential elements.