The World Economic Forum is known as the "weathervane of the world economy". Foresight, openness and innovation are its important characteristics. The agenda of the Summer Davos Forum is closely centered on the new situation of the world economy and regional economy, as well as the new trends of future industries, and continues to attract global dignitaries, scholars and leading entrepreneurs to participate. This year's annual meeting brought together more than 1,700 representatives from the political, business, academic and media circles from more than 90 countries and regions, and the number of participants reached a record high in recent years.

Green, AI and cooperation are the most discussed topics at this year's annual meeting. In an official interview with the World Economic Forum, Zheng Hongmeng, Chairman of Foxconn Industrial Internet, said that in the digital age, companies need to constantly transform to adapt to market changes, and technological empowerment is an important driving force for corporate transformation. Especially as a global company, it is necessary to use technologies such as AI to more accurately analyze the supply and demand situation, cost structure and resource distribution of the global market, so as to better integrate global resources, serve the global market, and promote green transformation to create long-term value for all stakeholders.

Liu Zongchang, rotating CEO of Foxconn Industrial Internet, attended a roundtable meeting on the theme of "Manufacturing in a Fragmented World" and said in his speech that more and more Chinese companies are gradually adapting to the new environment, playing new roles in the trend of globalization, and accelerating their participation in global market competition. Regarding the application and exploration of AI in the manufacturing field, Liu Zongchang said that Foxconn Industrial Internet proposed the "AI Makes AI" strategy, using AI, automation, humanoid robots, etc. to assist in the intelligent manufacturing of AI products, which will bring at least two positive effects: greatly shortening the learning process, thereby facilitating global layout; AI has become a new asset for enterprises, in the continuousComplete intelligence accumulation during use and achieve compound interest effect .

The World Economic Forum also held a press conference on the MINDS project of the AI Governance Alliance during the conference. (MINDS stands for Meaningful, Intelligent, Innovative and Deployable Solutions) The project aims to gather global industry leaders, identify and commend best practices that have driven business transformation through AI and have had a substantial impact, and jointly promote the implementation of large-scale solutions to accelerate industry change and value creation.

As one of the co-sponsors of the MINDS project, Industrial Internet of Things (IIoT) was invited to attend the project's press conference, with rotating CEO Liu Zongchang as a member of the MINDS impact council. Liu Zongchang said that he will work together with other members of the project to play an active role in promoting cross-domain learning, promoting innovative technologies, and changing corporate thinking, thereby promoting the value impact of AI and accelerating the reshaping and transformation of the industry.