SINGAPORE, SG / ACCESS Newswire / April 25, 2025 / On April 23rd, a promotional event organized by a delegation from the China International Fair for Trade in Services (CIFTIS) was successfully held in Singapore, expanding new frontiers for the digital economy in Southeast Asia and promoting in-depth regional cooperation.
Caption: CIFTIS Overseas Delegation in Singapore
On April 23rd, the Singapore Promotion Event of CIFTIS, the China-Southeast Asia Digital Infrastructure Cooperation Forum, and the Seminar on the Construction of an International Cooperation Ecosystem for the Digital Economy were successfully held in Singapore. During the opening ceremonies of the two meetings, Yin Liang, Deputy Director of the Beijing International Trade in Services Affairs Center, stated that the digital economy in Southeast Asia is developing rapidly. China and Singapore have achieved fruitful cooperation in the digital economy, and digital infrastructure construction is poised for an exponential growth opportunities. He expressed hope that both sides will further utilize the CIFTIS platform in the future to deepen cooperation and explore business opportunities together.
The Singapore Promotion Event of CIFTIS and the China-Southeast Asia Digital Infrastructure Cooperation Forum (DITF) deeply explored how AI computing power can empower industrial transformation and how China’s experience can help Southeast Asia initiate a new era of AI infrastructure construction.
Yin Liang, Deputy Director of the Beijing International Trade in Services Affairs Center, said that as an important window for China’s opening up to the outside world, Beijing is committed to advancing the construction of the National Comprehensive Pilot Zone for the Expansion of Opening-up in the Service Sector and the China (Beijing) Pilot Free Trade Zone, as well as improving the international service system. In his address, Huang Chao, Executive Chairman of DITC for China, stated that the digital economy in Southeast Asia is experiencing takeoff, attracting investment from the international community, including China. He emphasized that only through ecosystem co-construction and localized practice can the investment boom be transformed into genuine industrial upgrading.
During the keynote session, Lin Chaoting, Vice President of Zhipu AI (a leading Chinese AI company), highlighted China’s digital globalization efforts, showcasing Zhipu’s AI agent products and flexible deployment solutions. She called for the creation of global joint labs and innovation hubs to advance AI industry development worldwide. Industry experts from Midea and Tencent Cloud also delivered thematic presentations.
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