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CIFTIS Beijing International Forum on Creative Economy Focused on the Development of the AR Industry

On May 29, the "2018 Beijing International Forum on Creative Economy and Summit on AR Industry Development" hosted by the World Trade Point Federation (WTPF for short) and Beijing Municipal Commission of Commerce kicked off at the 5th China Beijing International Fair for Trade in Services (CIFTIS for short). Themed as "Science and Technology Innovation Promoting Creative Economy Development", this summit invited experts, scholars and business representatives at home and abroad to give keynote speeches and special speeches and hold theme dialogues and roundtable forums, etc. in a bid to jointly discuss science and technology innovation-driven economic transformation and upgrading, advance the development of the creative industry and talk about the development prospects of the AR industry.

This summit was co-hosted by Beijing Xloong Technology Co., Ltd., WTPF Beijing Center, Beijing Association of International Economic and Trade Development and Beijing Logistics Association.

DING Jianhua, deputy inspector of Beijing Municipal Commission of Commerce, gave a speech on the good environment and achievements of the government to encourage and promote science and technology innovation. He said that in the creative economy industry, efforts should be made to break industrial barriers, propel multi-faceted innovation, promote innovative services, facilitate intensive integration of entrepreneurship and innovation to meet new demands, improve the independent innovation capability of enterprises and proactively organize pragmatic exchanges to contribute to science and technology innovation in Beijing.

Bruno, Chairman of WTPF, said that he strongly supported this summit and gave full affirmation to the contributions of China's science and technology innovation to the global trade promotion and trade information. He pointed out that the creative economy is seeing rapid growth in the world with an annual economic income of about RMB 200 billion and create many jobs. So far, the creative economy has found that all countries have attached great importance to the development of creative economy. He hoped that the development of the creative economy can influence our future and the life of the next generation.

SHI Xiaogang, CEO of Beijing Xloong Technology Co., Ltd. mentioned in his speech that in recent years, the AR industry has grown rapidly with the great attention and strong support from the state. Evolving from concept to the application of AR technology, it is now moving towards industrialization and propelling creative economy and after nearly three years of development and transformation, the "AR+" development model has come into being and a unprecedented market value and future expectations have been created. He said that in the face of constantly changing market demands, AR enterprises need more powerful technical strength and richer solutions to achieve the popularization of the consumer market. In the future, Xloong Technology hopes to make cooperation with the United Nations Conference on Trade and Development (UNCTAD for short) in more aspects of the creative economy.

According to information, Xloong Technology is the first in applying its AR smart glasses in industrial scenes, enabling workers to directly gain auxiliary information without manual operation and control and thus greatly improving the operation efficiency and safety.  Lyu Yunbo, President of Xloong Technology, analyzed the revolutionary production method of "Industry 4.0" and believed that "Industry 4.0" of intelligent manufacturing is not equivalent to robot factories. Its essence is to make communication, human-computer interaction and self-determination of the optimal production path through the Internet-based technology. As a result, it is crucial to enhance people's perception, analysis, decision-making and execution. AR industrial smart glasses, AR police smart glasses and other products will help enterprises to take an important step in the transformation of China's intelligent manufacturing.

After the summit, Xloong Technology unveiled the nameplate of and announced the establishment of "AR Funding Program" & AR Industry Professional Committee of Beijing Association of International Economic and Trade Development. It is reported that the "AR Funding Program" of Xloong Technology is an open science and technology public service organization and aims to provide comprehensive science and technology consulting services, hold seminars, share information, with "AR+" as the core and promote mutual benefit and joint development. Further, efforts will be made to integrate AR science and technology into all walks of life, drive science and technology innovation of industries and make it the accelerator of the AR industry.