The technological revolution led by the new generation of information technology, including cloud computing, big data and smart cities, is more closely connecting the economic development of countries around the world.

The division of labor within the international science and technology value chain is deepening and the technology industries of various countries are becoming increasingly integrated and interdependent.

Jinan-based cloud computing solution and service provider Inspur Group believes that promoting cooperation with multinational companies will lead to mutual benefit in the global digital economy as well as the sharing of markets and opportunities, providing a path for Chinese enterprises to expand abroad and seize the opportunities brought about by economic globalization.

China has developed a powerful digital economy, with the world's largest digital consumption market and huge development potential, said Sun Pishu, chairman of Inspur, during the just-concluded Qingdao Multinationals Summit.

As China enters a new round of high-level opening up, facilitates foreign investment, and fosters a better business environment, the country will be able to offer more development opportunities for multinational companies, Sun said.

Sun added that along with the globalization of digital industries, China's high-profile opening up has provided more opportunities for innovation and development among multinational and domestic companies.

In particular, China has increased convenience and development opportunities for multinational companies looking to invest in China and strengthened confidence among foreign companies looking to develop in the country. Chinese companies are urged to be open and inclusive and work with more multinational companies to achieve mutual benefit, Sun said.

Since 2000, Inspur has cooperated with global top 500 technology enterprises, integrated into the global industrial chain, and transitioned from product internationalization to business internationalization.

Inspur currently does business in more than 120 countries and regions, and its products and programs are widely used in global data centers, tax administration, education, smart government, smart home, communication, and other fields.

The company's server sales rank first in China and third in the world, while its cloud server sales rank first in the world, making it an important contributor to the global digital economy.

Sun Pishu, chairman of Inspur Group. [Photo provided to chinadaily.com.cn]

Visitors are attracted by Inspur Group's AI station facilities exhibited at the New Growth Driver Qingdao Fair held during the Qingdao Multinationals Summit. [Photo by Wang Qian/provided to chinadaily.com.cn]