Belt and Road Media Community Summit Forum held in Chongqing

The 2024 Belt and Road Media Community Summit Forum, hosted by the China Media Group (CMG), was held in southwest China's Chongqing Municipality on Wednesday, gathering attendees from around the world to explore innovative cooperation models and discuss the role of new technologies in advancing the media industry.

The forum, themed "Land Meets Sea: Towards Innovation, Intelligence, and the Future," brought together experts, scholars, and representatives from 160 media organizations across 30 countries and regions.

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Belt and Road Media Community Summit Forum held in Chongqing

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Belt and Road Media Community Summit Forum held in Chongqing

The event saw the launch of a declaration focused on the joint development and sharing of a technology innovation ecosystem for the Belt and Road media community. The declaration calls on global media outlets to share opportunities, manage risks and promote ethical use of artificial intelligence (AI).

In his opening remarks, Shen Haixiong, president of the CMG, highlighted the group's commitment to enhancing global media cooperation, improving connectivity, and fostering platforms for international dialogue.

After eight years of development, the Belt and Road Media Community, initiated by the CMG, has expanded to include 148 members and partners from 64 countries and regions.

International media participants noted that the initiatives put forward by the community are helping play a crucial role in expanding mutually beneficial cooperation among media outlets worldwide.

"The initiative by the Belt and Road Media Community has been one of the cornerstones in bringing media together, in working together and developing productions and co-productions, which we have been involved with. Every year there are technologies changing, and I think our focus will be to help and guide our members in the use of these technologies, especially AI these days. Because the ethical issues around AI has become a very, very important area for us to focus," said Ahmed Nadeem, secretary general of the Asia-Pacific Broadcasting Union.

During the opening ceremony, several international cooperation projects were signed, while scholars and experts in the media sector were also invited to share their insights on the theme of media transformation through generative AI.

Since its establishment in 2016, the Belt and Road Media Community Summit Forum has evolved into a vital platform for communication and collaboration and has also served as a significant initiative to promote cultural exchange and mutual learning among diverse civilizations.

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 17 pips to 7.012 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.