1st int’l intelligent building industry expo opens in south China’s Shenzhen

The 2024 International (Shenzhen) Intelligent Building Industry Expo kicked off on Sunday in Shenzhen City, south China's Guangdong Province, showcasing more than 1,000 innovative products.

As the first specialized expo covering all links, factors and the entire lifecycle of the building industry in China, the two-day event features debuts of a host of the latest intelligent, green and digital technologies, which represent the country's new quality productive forces in the field of intelligent construction.

Among the debuts is a basalt reinforced concrete-based material with ductility of over one percent, which is expected to eliminate steel bars in infrastructure building; an antique screen wall built completely through the assembly of renewable modules with the help of digital technology, a new method that can improve efficiency and reduce costs by 40 percent; and China's first self-supporting full-lifecycle management and collaboration platform for the building industry, which covers all links from design, material processing to construction and, as an example, can triple construction efficiency in the field of decoration.

"This expo focuses on seven key areas, including intelligent construction equipment, industrialized architectural components and intelligent production, smart home and intelligent operation and maintenance, green and low-carbon. More than 140 innovative enterprises from 11 countries and regions are exhibiting more than 1,000 innovative products, which represent the latest outcomes in intelligent construction. So far, agreements valuing a total of four billion yuan (about 560 million U.S. dollars) have been signed on the trade of innovative products via the expo," said Chen Weiguo, chief organizer of the expo and executive director of the China Construction Industry Association.

1st int’l intelligent building industry expo opens in south China’s Shenzhen

The Annual Conference of Financial Street Forum 2024 released a series of achievements in Saturday's special session, including a new data-sharing platform, and annual reports on China's banking industry and financial street development. The platform, named Privacy Computing Platform for Financial Sector, is among the highlights of the session. Aiming to facilitate data sharing between institutions and industries, the platform has already engaged 11 major financial institutions by October, such as the Bank of China, and the Industrial and Commercial Bank of China.

The niche of the platform is that it can safeguard the privacies of transmitted data while functioning as a hub of data sharing, according to Yu Hejun, executive director of Beijing Financial Street Research Institute.

"The obstacles used to be huge in facilitating data sharing between banks and financial institutions. Now, with this platform, shared data can be used without being visible. That is to say, the data resources can be shared for use, while the privacy can be protected, thus significantly improving efficiency," said Yu.

An annual report on the development of Financial Street was also released during the session. According to the report, by the end of 2023, the capital of financial institutions quartered in the area scaled 151.2 trillion RMB (about 21.3 trillion U.S. dollars), up 10.2 percent year on year and accounting for one-third of China's total, marking a significant agglomeration effect.

Vital financial sector achievements released at Financial Street Forum Annual Conference