China proposes a global digital economy partnership city cooperation initiative at the Global Digital Economy Conference 2023 in Beijing on July 4, 2023. [Photo/VCG]

China proposes a global digital economy partnership city cooperation initiative at the Global Digital Economy Conference 2023 in Beijing on Tuesday, CCTV reported on Wednesday morning.

"This cooperation initiative mainly promotes exchanges and cooperation among cities around the world, and to share an open and mutually beneficial market environment," said Wang Lei, deputy head of the Beijing Municipal Bureau of Economy and Information Technology.

The initiative also jointly promotes the building of a digital science and technology innovation ecosystem, accelerating the process of urban digital transformation, helping digital empowerment for green development and support global digital inclusion, according to ynet.com.

The global digital economy partnership city cooperation initiative aims to jointly build an open innovation network for the digital economy among global cities.

Singapore was invited to be the guest of honor for the event and activities are being held at Singapore's overseas sub-venues, focusing on expanding new space for open and win-win international cooperation in the digital field.

The Global Digital Economy Conference 2023 runs from July 4 to 7 in Beijing under the theme of "Digital Drives Development, Intelligence Leads the Future".