The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

CHONGQING, China, March 27, 2025 /PRNewswire/ -- On March 25, 2025, Huawei Cloud hosted its Asia-Pacific Forum at the Go-Global Summit in Chongqing Shancheng International Conference Center, bringing together nearly 200 industry leaders from entertainment, social media, gaming, digital finance, retail, e-commerce logistics, and Web 3.0 sectors. Keynote speakers delved into the current state and future directions of Chinese enterprises' globalization efforts, while also showcasing success stories of companies that have established a strong presence in the Asia Pacific region, highlighting Huawei Cloud's dedication to collaborative innovation with customers and partners in this dynamic market.

Six Collaborative Initiatives for Rapidly Expanding Brands in Asia Pacific

In her welcome address, Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, outlined the company's significant strides in the Asia Pacific region. She mentioned that this region is the largest market for Huawei Cloud outside the Chinese mainland, with Singapore, Hong Kong (China), and Thailand consistently ranking among the top three in terms of revenue creation. This vast region, with Singapore, Hong Kong (China), and Thailand as the top three revenue-generating markets, has solidified its position as the largest market outside China for Huawei Cloud. With the digital economy booming, Asia Pacific has become a hotbed of business opportunities, making it the preferred destination for Chinese enterprises looking to expand their business reach.

However, Jacqueline cautioned that success in this dynamic market requires more than just cutting-edge technology; businesses must also prioritize cost efficiency and adapt to local market nuances to win the trust of customers, partners, and users. To thrive, companies need a deep understanding of each country's unique landscape and conduct targeted market analysis to establish robust market intelligence. By doing so, they can capitalize on emerging opportunities and unlock growth potential over the coming decade.

Shang Haifeng, President of Huawei Cloud Asia Pacific, highlighted the region's unique appeal for Chinese enterprises, citing its cultural, linguistic, demographic, and economic affinities with China. The Asia Pacific market has proven particularly fertile for Huawei Cloud, which has expanded 30-fold over the past five years, making it the fastest-growing cloud service provider in the region.

At the forum, Huawei Cloud unveiled six collaborative initiatives for enterprises venturing into Asia Pacific:

At the event, Mr. Shang unveiled the "Asia-Pacific Acceleration Program", where Huawei Cloud Asia Pacific will commit USD10 million in dedicated funding to provide six tailored support packages: strategic consulting, solution development, co-marketing initiatives, cloud migration assistance, joint business expansion, and access to industry networks. He stated that this program aims to empower Chinese enterprises to expand their regional footprint by leveraging Huawei Cloud's extensive partner ecosystem in Asia Pacific. With this program, Huawei Cloud stands ready to help customers and partners navigate the complexities of globalization.

Sharing on Business Environments and Talent & Investment Attraction Strategies in ASEAN and Hong Kong (China)

Dr. Piti Srisangnam, Executive Director of ASEAN Foundation, underlined that within the next 10 years, ASEAN will comprehensively upgrade its digital infrastructure, foster digital innovation, and lay a solid foundation for becoming a significant global digital economy. Cloud services act as a catalyst for ASEAN's digital growth, offering stable support for a diversified digital economy. He called for continued collaboration, innovation, and investment to empower ASEAN miracle.

Samson Cheung, Deputy Head of Business and Talent Attraction / Investment Promotion at the Hong Kong Economic and Trade Office in Chengdu (CDETO), noted that the Chinese mainland excels globally in innovation, digital advancements, and untapped market opportunities. Meanwhile, Hong Kong's robust, diversified financial and capital markets, seamless zero-tariff trade facilitation, and esteemed professional services have solidified its position as the hub for businesses expanding beyond China into the Asia-Pacific region. As a cosmopolitan hub connecting East and West, Hong Kong seamlessly integrates global and Chinese strengths, drawing in top-tier businesses and exceptional talent from around the globe.

Success Stories from Chinese Enterprises

Li Jianggan, founder and CEO of MomentumWorks, drew upon his company's extensive global operations experience to share valuable insights on going global. He highlighted Southeast Asia's vast online retail potential, currently at just 12%, significantly lower than China's 30%. To thrive, businesses must harmonize local relevance with global expansion, creating a model that resonates with local customers and partners. Notably, he argued that a high threshold for global expansion is not inherently negative; rather, it drives enterprises to enhance their internal capabilities before expanding, laying a solid foundation for long-term growth.

According to Shou Dong, co-founder and chairman of ADVANCE.AI, the digital payment penetration rate in Southeast Asia leaped from under 10% in 2015 to a remarkable 75% in 2025, while the digital economy scaled up exponentially from USD32 billion to a whopping USD3 trillion. Mr. Shou attributed his company's success to three key factors: early market entry, demand for inclusive finance, and market competition itself. He astutely observed, "While others mine gold, you need to prepare your shovel and uncover your unique, irreplaceable value proposition." Notably, he expressed gratitude towards Huawei Cloud, highlighting their collaborative spirit, saying, "Our first partner wasn't Huawei Cloud, but they were willing to share business opportunities with us without expecting a transaction."

Jin Xiaoxu, Director of Business Globalization at Yonyou, stated in his keynote speech that in 2023, Yonyou launched the strategy of helping Chinese enterprises go global and they aim to upgrade this strategy to version 2.0 by 2026, serving over 2 million enterprises to build IT systems and striving to be the top platform in the Asia-Pacific region. With a decade-long partnership with Huawei Cloud, Yonyou has yielded numerous success stories across the Asia Pacific. As Chinese enterprises expand globally, their demands for digital and intelligent upgrades have become increasingly sophisticated, particularly when it comes to localized operations. To meet this need, Yonyou plans to deepen its roots in the Asia Pacific market, driving localized partnerships and operations while continuing to facilitate smart management for enterprises.

During the panel discussion, the host facilitates a discussion where four guests shared their experiences of expanding into the Asia-Pacific market and the challenges they overcame in this journey, while also exploring how AI empowers or transforms their respective industries.

Looking ahead, Huawei Cloud will empower Chinese enterprises to gain a competitive edge in the global market through its holistic support and innovative solutions, fostering closer collaboration with customers, partners, and industry peers to drive the globalization of Chinese businesses.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

QIONGHAI, China, March 30, 2025 /PRNewswire/ -- The Sub-forum on Religious Harmony and Mutual Learning Among Civilizations took place at the BFA (BFA) Annual Conference 2025 on March 28. The sub-forum focused on the theme "Countless Dharma Doors Converge in a Square Inch: A Discussion on the Future of Digitization Project of Buddhist Scriptures." The gathering brought together 12 eminent monks and cultural researchers from six countries and regions to explore the current state and future of digitizing Buddhist scriptures. Chaired by Venerable Master Yin Shun, Vice President of the Buddhist Association of China, and President of the Buddhist Association of Hainan Province, the event aimed to advance the preservation and development of Buddhist culture through international collaboration.

BFA's Decade of Progress: A Solid Foundation for the Future

Yin Shun, reflecting on the ten-year journey of the BFA Religious Sub-forum, noted its steadfast commitment to the foundational goal of building a global community united by a common destiny. The sub-forum has been instrumental in promoting religious harmony and fostering cross-cultural dialogues, while also enhancing international cooperation in the fundamental domains of religion, culture, education, philanthropy, and healthcare. A notable achievement of the sub-forum has been in the area of digital preservation and accessibility of Buddhist teachings. It has effectively used digital technology to compile the Encyclopedic Dictionary of Chinese Buddhist Terms and has facilitated the digital translation of Buddhist classics across the economically important Pan-South China Sea region. Furthermore, it has proposed initiatives to raise the digitization of these texts as a major national concern. The South China Sea Buddhist Academy, China's premier international Buddhist educational platform targeting Southeast Asia, has made significant contributions by educating 106 international students from several nations, most notably from Laos, Mongolia, Cambodia, and Nepal, and, by doing so, playing a crucial role in the international effort to digitize Buddhist scriptures.

Digital Empowerment: Advocating for the Chinese Adaptation of Buddhism

Ven. Guang Quan, Deputy Secretary General of the Buddhist Association of China and President of the Buddhist Association of Zhejiang Province, noted the crucial role of digitizing Chinese Buddhist scriptures in enhancing the international dissemination of Buddhist culture. He highlighted the accomplishments of Hangzhou Lingyin Temple in this area, including the development of an AI-based OCR engine for ancient books, production and tool platforms for digitizing ancient books, and a Buddhist scriptures reading hub. Building on these advancements, efforts are underway to digitize Buddhist canons, citing, in particular, the Jingshan Canon, the Yongle Northern Canon and the Siji Canon. Guang Quan's initiatives aim to further the interconnection of civilizations through digital technology, breathing new life into Asian Buddhist wisdom in the digital realm.

Bhikshu HUIMIN, President, Comprehensive Buddhist Electronic Text Archive Foundation (CBETA) Taiwan, China, reflected on the establishment of the Electronic Buddhist Text Initiative (EBTI). He provided an overview of the current status of global Buddhist text digitization, highlighting its evolution from digital archives (DA) to digital humanities (DH). Additionally, he unveiled the groundbreaking concept of Artificial Intelligence and Brain-Computer Interface (AI - BCI) for the digitization of Buddhist culture. He stressed that the transition of Buddhism from traditional scriptures to cloud-based platforms represents not only the future of Buddhism but also a new civilization where mindfulness and technology merge.

Hong Xiang, Research Assistant at the Centre of Buddhist Studies, The University of Hong Kong, highlighted the transformative impact of digital technology on the collation and proofreading of the Dunhuang manuscripts, starting from the digitization project. He noted that the preservation of the Dunhuang manuscripts, which embody the essence of a multi-faceted and symbiotic civilization, demands interdisciplinary collaboration. Moreover, he advocated for global resource sharing in the digitization of Buddhist scriptures.

Zhu Cuiping, Editor-in-Chief of Zhonghua Book Company GuLian (Beijing) Digital Media Tech Co., Ltd, China, pointed out that the digitization of Buddhist scriptures is an enormous undertaking that requires a collaborative effort among the government, religious organizations, universities, research institutes, and publishing entities. She called for the initiation of a global initiative to compile Buddhist literature to drive the worldwide project of digitizing Buddhist scriptures.

International Cooperation: Jointly Advancing the Global Digitization Project of Buddhist Scriptures

The sub-forum placed particular emphasis on the contributions of Japanese and Korean Buddhism to the digitization of Buddhist scriptures. KAWANAKA KOKYO, Director-General of Administration of Jodoshu, Japan, presented the "Digitization of ZÅjÅ-ji's Three Great Buddhist Canons" project. He urged all parties to collaborate in furthering the global effort to digitize Buddhist scriptures, with the aim of fostering a more peaceful and harmonious future for humanity.

JONG-RIM, Honorary Chairman of Tripitaka Koreana Research Institute, Jogye Order of Korean Buddhism, shared insights from the digitization efforts of the Tripitaka Koreana at Haeinsa Temple in Korea. He proposed the future goal of completing a comprehensive Tripitaka and developing a dictionary of concepts and terms utilizing digital technology.

South China Sea Buddhist Friendship Circle: Fostering Digital Connections

The sub-forum highlighted the role of the South China Sea Buddhist Friendship Circle in the digitization of Buddhist scriptures. Ven. PHRAPROMMASITH (Thongchai Sukkayano) Supreme Patriarchs, elaborated on Thailand's experience in safeguarding Buddhist cultural heritage. He urged international cooperation to facilitate the digitization of Buddhist scriptures, aiming to provide convenient access to anyone anywhere with an interest in reading and better understanding the Dharma.

SANDI MARBHIVAMSA, Chairman of Sangha Maha Nayaka Committee, Myanmar, and Ven. (Dr.) KIRINDE ASSAJI, Chief Prelate (Malwatta Chapter) Sanghanayaka of Sri Lanka's Western Province, provided insights into the current state of Buddhism in their respective countries and the advancements made in the digitization of Buddhist scriptures. They both expressed a strong willingness to collaborate with Buddhist communities from other nations in these endeavors.

Looking to the Future: Consultation, Collaboration, and Sharing

Ven. YAN JUE, President of the Buddhist Association of China, concluded by emphasizing that Buddhist scriptures represent a shared cultural heritage of humanity. He noted that their digitization presents not only a technical challenge but also a cultural mission. He also underscored the commitment of the Chinese Buddhist community to the global governance principles of consultation, collaboration, and sharing. By partnering with Buddhist and academic communities worldwide, they aim to advance the digitization of Buddhist texts, share the outcomes of these efforts, and further disseminate the teachings and scriptures of Buddhism.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

BFA's 10th Religious Sub-forum Highlights Global Digitization Project of Buddhist Scriptures