China News Service, Wuzhen, November 10th (Wang Yifei and Zhang Yuhuan) On the 10th, the 2022 World Internet Conference Wuzhen Summit Digital Economy Forum was held in Wuzhen, Zhejiang.

At the meeting, "green" became an important direction proposed by representatives of many countries when they talked about the future development space of the global digital economy.

　　Lu Yiji, Chairman of the China-Europe Digital Economy Association, took the cooperation space between European and Chinese companies in the field of green energy conservation as an example to explain the development opportunities of the digital economy.

　　He said that Europe is experiencing an unprecedented energy crisis, and some European companies are facing the dilemma of having to shut down energy-intensive production lines. 70% of the fertilizer production in Europe has been closed or slowed down, and 50% of the EU's aluminum production capacity has been shut down.

　　Lu Yiji believes that after the supply chain is interrupted, some European companies still want to restore production capacity in Europe, which provides new opportunities for cooperation with Chinese companies.

“Chinese companies offering digital energy-saving applications and technologies have huge opportunities in the European market. In addition, investment by Chinese companies will send a positive signal to European companies in distress. This will not only boost economic growth and employment in Europe, but also Promote economic growth and employment in China.”

　　Chao Weizhong, vice president of Cisco Greater China, believes that "sustainable development" is a proposition that digital economy companies must pay attention to in the process of coping with uncertainty and promoting their own development.

　　He introduced that, taking efficiency improvement and carbon reduction as an example, Cisco has made a carbon commitment to achieve "net zero" by 2040.

Cisco has realized that 85% of the energy used in its operations comes from renewable energy; 99.9% of Cisco's recycled products are reused or recycled.

As of July, total greenhouse gas emissions from Cisco's own operations have been reduced by 60 percent compared to the same period in 2017.

　　"We not only help our supply chain partners solve many environmental risks, but also help them reduce energy consumption and carbon emissions in the production process." Chao Weizhong said that Cisco is constantly promoting technological innovation and hopes to support Chinese companies to achieve their own growth. The goal of carbon reduction is to better drive the digital economy to develop in a sustainable manner.

　　The future development of the digital economy is also inseparable from the support of a greener and safer internal environment.

　　Matthew Margulis, senior vice president of the U.S.-China Business Council, said cross-border data flows are critical to the smooth operations of multinational companies and Chinese globalizers.

Under the new challenges and requirements in data security and personal information protection, the government and the business community need time to work together to build a framework that balances economic development and national security.

　　“We believe that regular and ongoing dialogue between industry and government to discuss regulatory developments and enable the drafting of laws is a critical component of achieving regulatory balance and achieving shared goals of prosperity and security,” said Matthew Margulis. .

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