Attendees Sign Agreements for Projects Worth USD2 Billion at World Internet Conference
Dou Shicong
/SOURCE : Yicai
Attendees Sign Agreements for Projects Worth USD2 Billion at World Internet Conference

(Yicai Global) Dec. 6 -- Attendees at the fourth annual World Internet Conference in Wuzhen signed 1,200 cooperation projects worth over CNY13 billion (USD1.96 billion).

More than 1,500 guests from over 80 countries went to the event in the eastern Chinese province of Zhejiang. It ended yesterday.

The gathering brings together the latest scientific and technological achievements as well as applications from more than 400 internet companies, said Xu Lin, minister of China's State Internet Information Office.

From nearly 1,000 projects submitted for a contest at the meeting, experts chose 20 from Apple Inc. [NASDAQ:AAPL], Qualcomm Inc. [NASDAQ:QCOM], Microsoft Corp. [NASDAQ:MSFT], Alibaba Group Holding Ltd. [NYSE: BABA] and Huawei Technologies Co.

The conference set up platforms to help Chinese and foreign governments, social organizations and enterprises form collaborations. Attendees penned agreements to boost cooperation on the digital economy along the Belt and Road.

Some 20 sub-forums at the event provided guests with a place to share ideas and discuss innovation. Released at the meeting, the first China Internet Development Report and World Internet Development Report aim to offer countries a reference for promoting the development of the internet.

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Keywords: World Internet Conference , Apple , Qualcomm , Microsoft , Alibaba , HUAWEI