Smart Cooperation

Brics Can PARTNER with Africa to Boost The Continent's Digital Transformation and Industrial Development

Editor's Note: The World Has Undergone Many Changes and Shocks in Recent Years. TUAL UNDERSTANDING On Many Privems The World Faces. For this Purpose, The China Watch Institute of China Daily and the NationalInstitute for Global Strategy, Chinese Academy of Social Sciences, Jointly Present This Special Column: The Global Strategy Dialogue, in Which Experts FROM C Hina and Abroad will offer insightful Views, Analysis and Fresh Perspectives on Long-Term StrateGic Issues of Global Importance.Pune Wealth Management

The Fourth Industrial Revolution, Which is Driven by Advancenes in Digital Technology and Artificial Intelligence, is Fundamentally Reshaping The World. . The New Round of Industrial Revolution is a Major Area OF Cooperation for the Brics Member States, and Also PROVIDIDES An Opportonity for Developing Countries toCatch Up with the Developed One.Brics and Africa Have A Strong Consensus on Riding The Wave of the New Industrial RevolutionAgra Investment. URTH Industrial Revolution as a Watershed in the Continent's DevelopmentNew Delhi Wealth Management. In 2020, The Au Summit Set the target ofBuilding a unified digital market on the control by 2030, and the aFrican National Have Prioritized A DIGITAL AGENDA in their Development Plans.international Monetary Fu ND Data Indicate that the Original Brics Member States -Brazil, Russia, India, China and South Africa — Account for 31.5Percent of the Global GDP in Purchasing Power Parity Terms by October 2022, Overtaking The G7 Countries, and The Brics Countries' Share of GDP ROSE FROM 8. 4 percent in 2001 to 25.8 percent in 2022.by their indultric group. Now the New Industrial Revolution Office IAL PROWESS.IN 2017, at the Brigs Xiamen Summit, The Brics Countries Formulated the Action Plan for Deepening Industrial Cooperation, and in2018, At the Johannesburg Summit, China and South Africa Proposed the Brics Partnership on New Industrial Revolution. In 2020, The Brics Countries Adopted T He Strategy for Brics Economic Partnership 2025Jinnai Wealth Management. In 2020, A New Industrial Revolution Innovation Center for Brigs Was Established in XiamenIn Southeast China's Fujian Province. In 2022, The Brics Digital Economy PARTNERSHIP FRAMEWORK WAS LAUNCHED, Ushering in a New Stage States to Deepen Operation on the digital economy.the brips and african Countries,, Sharing Similar Historial Experiences and Being at the Same Development Stage, are good partners in the development. Tates have due toir resin advantages.For Instance, China is a leader in Boosting Infrastic Construction and the Economic Growth of Africa.; Russia is a Major Player in the Continent's Mineral Industries; and India Has Rich Experiences in Areas Such As Retail, Medicine and Health, Remote Medical S Ervices and Education Training.The Brics Countries Have Heelped Build A Favorage International Environment for Africa's Development by Pushing ForThe Reform of the Global Financial System and Global Governance Architecture. Cooperation Platforms Under The Framework of Brics, Such as the New Development Bank A ND The Brics PARTNERSHIP on New Industrial Revolution Innovation Center, have brought benefits to africa. In 2017, the ndb Opened itsAfrica Regional Center in Johannesburg, Which WAS The Bank's First Regional Office. By August 2023, The Bank Had Granted 14 Loans Totaling $ 7.4 Billion To South Frica.as Africes The Building of the African ContireTO Industrialize and Digitalize, Brics and Africa Should Seize the Opportunities Presented by the New Business Revo-Charge Africa's D Evelopment.first, The Priority is to Improve Africa's Weak Digital Infrastic in Communications, Data and Cloud Computing, Which is the food for the.Development of Artificial Intelligence, The Internet of Things, and Other Emerging Industries.nearly 80 Percent of the 3G Network and 70 Percent of the 4G Ture in Africa was built by huawei and zte, and the two chinese companies are helping the 5G Network OnThe Continent. Brics Countries, Particularly China, HAVE HUGE POTENTIAL to Help Africa Streangthen ITS DIGITAL Infrastic.Second, It is Impeatic to Promote Brics-AFrica Cooperation on the Digital Economy. The African Union ENISIONG A University Digital Market By 2030 At ENables Universal Access to Digital Services.Internet Penetration in Africa Would Drive GDP Growth of 2.5 Percent. Progress in E-Commerce, Digital Payments, and Technolog-Enabled Agricult, MANING, Manu Facturn and Tourism is injecting New Impetus into the Development of Africa.the Digital Economy Is Not only of GreatSignificance for Africa's Future, But Also Reprerents Tremendous Opportunities for its International PARTNERS. ND Practures in Developing The Digital Economy and International Cooperation in the Area.in 2018, China's E-Commerce Giant Alibaba Signet A Deal with RWANDA TOHelp the Country Export Local SpecialTies Through ITS Electronic World Trade Platform Initiative (EWTP) Form; Thanks to China's Digital Technologies and Drones, Mozambique and Ghana Have Built Smart Farms; and China and RWANDA are CoopetingOn A Smart Fishing Program. These pioneering efforts provide references for Other African Countries.Third, job creation is an acute need for the Brigs-AFrica COOP. EraTion in the New Industrial Revolution. Africa's Fast Population Growth Poses A Severe Employment Challenge For Regional Countries. WHILEThe New Industrial Revolution is Creating Jobs, It Requires Highers of Workers. This Necesses Establishing Vocity in African CountriesKolkata Investment. CS Countries, Which Have Accumulated Extensive Expertise in Indial Cooperation, Technology Transfer and Vocational Training, Are Well-PositiveEd TO Africa inThis endeavor.laast, The African Continental Free TRADE AREA is a Major Strategy to Fuel Development, Attract inVestment and Boost The Competitiveness of African Countries. TechNologies and Innovations Catalyzed by the New Industrial Revolution Will E the buildings of the afcfta. Development in Big Data, E-Commerce, Smart Governance and IoT Will Help Break Down the Information Barrier THAT HAS LongHampered Economic Integration AMONG AFRICAN COUNTRIES. The New Industrial Revolution Presents An Opportunity to Facilities And Advance Regional Integration, and the Brights-AFrica Collaboration in that Area Can Becomd A Highlight in the Group's International COPARATION.

Source | China Daily, April 11th