Home / Finance & Economy / Morocco, guest of honor at China’s International Big Data Industry Expo 2019

Morocco, guest of honor at China’s International Big Data Industry Expo 2019

The international exhibition of China’s Big Data Industry of 2019 opened recently in Guiyang (southwest China), with Morocco’s participation as a guest of honor.

During this event, which is attended by many companies specializing in artificial intelligence, institutions and international organizations, Morocco is represented by the Deputy Speaker of the House of Councilors, Abdelhamid Souiri, and the Director General of Morocco Digital Development Agency (ADD), Mohamed Idrissi Meliani.

In an address at the inaugural meeting, Souiri praised Morocco for being the guest of honor at this international event, noting that the last official visit of HM King Mohammed VI to the People’s Republic of China in 2016 allowed relations between the two countries to move up a gear as part of a comprehensive strategic partnership.

“This visit has sealed a partnership that has opened up new prospects for the political relations between Beijing and Rabat and helps strengthen bilateral cooperation in its sectors with high potential for job creation and added value”, said the Moroccan manager.

He also noted that Morocco’s accession, at the end of 2017, to the memorandum of understanding on China’s new silk routes marked a new turning point, both for bilateral relations as for triangular relations China-Morocco-Africa and China-Morocco-Europe.

And to add that Morocco has shown its willingness to participate actively in the realization of this global project and to put its many assets to contribution.

Mr. Souiri also emphasized the stability enjoyed by the Kingdom and the singular development model built under the leadership of HM King Mohammed VI and which is based on the promotion of major projects, assets that support the Morocco’s position as the development hub of this model of cooperation.

“On the economic front, China sees the Kingdom as a gateway to Africa and the southern country closest to Europe,” he said, adding that the multidimensional partnership between Morocco and China, which is expected to grow and diversify, draws its efficiency from its ongoing quest for efficiency and pragmatic cooperation based on the principles of mutual benefit and common development.

“China is also a big market to explore for the export of Moroccan products with high added value that would allow Morocco to have a privileged position in the Chinese market,” said the vice president of the House of Advisers.

In another context, Souiri said that the global market for Big Data is estimated at $ 42 billion, noting that currently, this booming industry is largely dominated by China, which alone brings together nearly 60% of experts in global Big Data, against nearly 23% for the United States.

“Big data is revolutionizing the business and this general awareness of the importance of data is announcing a turmoil of the rules in terms of competitiveness,” he said, adding that Morocco is built every day and realizes major projects in the areas of development.

Morocco is conducting several actions to support technological change, welcomed the Moroccan official, noting that the High Commission for the plan will deliver in 2020 the conclusions of a study on Big Data in order to adapt the national statistical system to technological changes in the production and analysis of statistical information.

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