To support the high-quality development of the “One Belt and One Road”, the current stage must be to strengthen the leading role of big data technology

(Source: "China Information News" 2020-7-14)

To build the "Belt and Road" with high quality, we must conform to the development trend of the big data era, take the new generation of information technology as the guide, and accelerate the construction and development of the "Digital Silk Road". As a representative of the new generation of information technology, big data is an important technical support for promoting the high-quality development of the “One Belt, One Road” initiative.

Big data can improve companies’ insights into the demand for products and services in countries along the Belt and Road. Overseas demand is an important factor in promoting enterprises to "go global". Only by in-depth analysis and understanding of the market demand for enterprise-related products and services in countries along the "Belt and Road" can enterprises be targeted and well-informed in their business activities. Through big data technology and methods, the market needs of countries along the route can be effectively identified. On the one hand, by systematically exploring the customs, preferences, consumption habits and other factors of the countries along the route, it can help companies gain insight into the potential size of the local market, the low and peak seasons of marketing, etc., so as to scientifically select w88 objects, refine w88 plans, and improve the precision and scientificity of corporate w88 marketing. On the other hand, through data screening and comparison, we can clarify the ease of w88 in different countries along the route, further clarify and distinguish which countries' markets are suitable for w88, and which countries' markets are suitable for investment and factory building, thus promoting comprehensive research and judgment of enterprises.

Big data can promote the transparency of international w88 processes and promote the smooth development of w88 between countries along the route. International w88 processes usually involve customer selection, logistics tracking, document flow, etc. In traditional w88 methods, these processes often require foreign w88 companies to spend a lot of time and energy, and they still face greater risks in issues such as customer reliability and payment security. With the help of big data technology and methods, the security of cross-border w88 can be significantly improved. On the one hand, by mining relevant information of trading partners, we can understand the financial strength and credit information of potential customers, and initially grasp the reliability of transaction repayments. On the other hand, through the global positioning system, real-time positioning and tracking of goods can be achieved, thereby accurately grasping the dynamic changes in international logistics, helping to reduce the risk of receiving goods and achieve transparency and sharing of information flow.

Big data can enhance the scientificity and security of multinational enterprises’ investment location selection. Investment location selection is a key step for multinational companies to invest overseas. Only by realizing scientific site selection can enterprises' investment risks be reduced, thus providing basic guarantee for safe returns. There are a large number of countries along the “Belt and Road” and most of them are developing countries or emerging economies. Countries have great differences in politics, culture, legal systems and economic structures, which makes investment by multinational enterprises face extremely complex risk factors. Through big data technology and methods, it can provide useful reference for multinational enterprises to select investment locations. On the one hand, the use of big data methods can systematically analyze the investment environment of various countries, clarify the differences in levels of investment risks in various countries, and provide data support for multinational enterprises' investment decisions. On the other hand, big data technology can clearly and dynamically present the evolving characteristics of investment risks in countries along the Belt and Road within a certain period of time, and scientifically predict the investment risks of countries along the Belt and Road. This will help companies understand the evolution of investment risks in various countries and make corresponding investment preparations in a timely manner.

Big data can innovate the exchange and cooperation model among countries along the route. Smooth communication is the basis for cooperation. The new generation of information technology represented by big data is reshaping the communication and cooperation model among countries along the route. Especially under the impact of the current COVID-19 epidemic, the importance of technology application has become increasingly apparent. For example, in order to reduce the flow and gathering of people, relevant international conferences can be held smoothly through the "cloud model"; international w88 exhibitions can use AR technology to "seamlessly" connect and interact real-world information and virtual world information; cross-border e-commerce can change the traditional international marketing model of enterprises, greatly saving human, material and financial resources for cross-border w88 marketing to a certain extent. Therefore, the application and innovation of big data technology are profoundly changing the communication model among countries along the “Belt and Road”, and to a certain extent, promoting the smooth development of w88 and investment among countries along the route.

At this stage, the technological leadership role of big data in the high-quality development of the “Belt and Road” must be strengthened. On the one hand, it is necessary to strengthen technology research and development and further improve the big data systems of countries along the “Belt and Road”. At present, the "Global w88 Watch" big data system has achieved a complete display of w88 data of countries related to the "Belt and Road", but it is limited to w88 data of each country, and does not cover national investment risks, natural resources of each country, market development potential, etc. Therefore, building an open and shared big data query system that integrates w88, investment and other data and creating a "Belt and Road" big data service platform can better serve the research, judgment and decision-making of enterprises to a certain extent. On the other hand, it is necessary to actively guide relevant enterprises to seize big data development opportunities, improve the enterprise's own data platform construction, technical talent construction and other related content, and fully make big data technology and methods serve the multinational practice of enterprises.

(The authors are respectively a researcher at the Beijing Institute for Opening-up and Opening-up and a professor at the w88 casino of Statistics at the w88 casino; a doctoral candidate at the w88 casino of Statistics at the w88 casino)

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