On April 12, China Resources Group Chairman Fu Yuning attended the 2018 China “Internet Plus” & Digital Economy Summit held in Chongqing. During the Summit, CR Group and Tencent sealed a strategic cooperation agreement.

During the round-table session, together with other guests, Chairman Fu and Pony Ma, Tencent Chairman and CEO held heated talks on a string of hot topics surrounding the theme of “New Imagination on Digital China” such as digital innovation and industry opportunities. Fu pointed out that the most difficult part for CR Group lies in the need to accelerate transformation. CR’s consumption and health industries, if backed by the information-processing ability of companies like Tencent, could better serve the real economy by boosting innovation and accelerating transformation, he added.

Fu believes the development of smart technologies is bound to benefit lots of industries. Since CR Group is engaged in a wide range of industries, transformation of conventional industries through technological means will provide ample room for future development. The effective application of big data is also bound to improve efficiency and enhance customer services in many industries.

Chairman Fu Yuning and Pony Ma both held witness at the signing ceremony of the strategic cooperation agreement between CR Group and Tencent. CR Group Chief Strategy Officer Chen Ying and Vice President of Tencent Chen Guangyu signed the agreement on behalf of both sides.

According to the agreement, CR Group leverages many years of experience in the industry while Tencent leverages advantages in mobile Internet, big data, artificial intelligence and other new technologies, which shall jointly advance the deep integration and innovation in the Internet industry. The two reciprocal parties will manage to achieve the industrial value in many fields such as smart retail, smart city, and health care, and jointly promote the cooperation in emerging industries and digital economy.

On April 12, China Resources Group Chairman Fu Yuning attended the 2018 China “Internet Plus” & Digital Economy Summit held in Chongqing. During the Summit, CR Group and Tencent sealed a strategic cooperation agreement.

During the round-table session, together with other guests, Chairman Fu and Pony Ma, Tencent Chairman and CEO held heated talks on a string of hot topics surrounding the theme of “New Imagination on Digital China” such as digital innovation and industry opportunities. Fu pointed out that the most difficult part for CR Group lies in the need to accelerate transformation. CR’s consumption and health industries, if backed by the information-processing ability of companies like Tencent, could better serve the real economy by boosting innovation and accelerating transformation, he added.

Fu believes the development of smart technologies is bound to benefit lots of industries. Since CR Group is engaged in a wide range of industries, transformation of conventional industries through technological means will provide ample room for future development. The effective application of big data is also bound to improve efficiency and enhance customer services in many industries.

Chairman Fu Yuning and Pony Ma both held witness at the signing ceremony of the strategic cooperation agreement between CR Group and Tencent. CR Group Chief Strategy Officer Chen Ying and Vice President of Tencent Chen Guangyu signed the agreement on behalf of both sides.

According to the agreement, CR Group leverages many years of experience in the industry while Tencent leverages advantages in mobile Internet, big data, artificial intelligence and other new technologies, which shall jointly advance the deep integration and innovation in the Internet industry. The two reciprocal parties will manage to achieve the industrial value in many fields such as smart retail, smart city, and health care, and jointly promote the cooperation in emerging industries and digital economy.