OBOR’s impact in ICT
As China embarks on its One Belt, One Road (OBOR) initiative to reinvigorate key international trade routes through massive infrastructure projects, one of the most important investment areas will be information and communication technologies (ICTs).
Chinese President Xi Jinping attends a news conference at the end of the Belt and Road Forum for International Cooperation on May 15, 2017 in Beijing, China. (Photo by Jason Lee-Pool/Getty Images)
ICTs form the backbone of today’s digital economy. They enable the work of industries and services, governments, businesses and citizens. They drive innovation.
Investments in ICTs aren’t just important for business growth, however. They can help accelerate the United Nations’ Sustainable Development Goals (SDGs), improving lives at a scale and speed never before possible.
Progress on connecting the world is being made, but there is still much work to do. Internet penetration today in developed countries is above 80%, but still only 40%…
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Categories: Legal, IT, Telecommunication