Tencent to launch digital economy base in Huangpu

Tencent's Guangdong-Hong Kong-Macao Greater Bay Area Base for the Digital Economy Industry will settle in Guangzhou's Huangpu district.

A cooperation agreement was signed between Tencent and the district at the Tencent Global Digital Ecosystem Summit in Beijing on Aug 22.

A cooperation agreement is signed between Tencent and the district at the Tencent Global Digital Ecosystem Summit in Beijing on Aug 22.

In 2019, Tencent announced the "WeCity" Project, which is a concept of smart city construction in the future. By promoting this project, the company hopes to build up a comprehensive smart solution for digital government affairs, urban management, and industrial interconnection.

Under the cooperation, the tech giant will establish Huangpu as a WeCity demonstration model with core industries spanning smart cities, digital government, smart education, smart communities, blockchain innovation, and new cultural innovation.

A group of medium and small sized enterprises with leading technologies will be attracted to Huangpu to form a digital economy ecosysytem, relying on the Tencent Urban Partnership Plan.

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