A joint effort made by Huobi Labs (火币英才) and China Hainan Ecology Software Park (海南生态软件园-RSC) established the Hainan Digital Talent Training Service Base (海南数字经济人才培养服务基地). The training center would work with the relevant ministries and commissions to create a conducive environment for laying a strong foundation for blockchain technology and its sustenance in China.
The Base Supported by Hainan Education Department
The base was launched on December 8th at Hainan where leaders across different learning institutions attended including Li Yuenan, Hainan’s deputy director in the education department. During his speech, he emphasized on the urgency and the importance of the training. Li also mentioned that the service base was among the first projects completed for tapping emerging scientific and technological talents. He showed extreme interest in resource integration among universities and other relevant enterprises to support Hainan Free Trade Zone digitally.
Technology is the Key For China’s Future
China’s digital economy has currently overseen tremendous growth, especially in employment. In 2017, it accounted for 32.9% of the GDP where 171 million people became hired. The country’s digital expansion supersedes that of other developed countries to secure a second position in the world.
Ideally, China’s economic development has become powerful due to the presence of various innovations like big data, artificial intelligence, the internet of things, cloud computing, and blockchain. The nation has integrated these technological inventions to create dynamic economic growth. The Hainan Provincial Government issued a 2018-2025 plan proposing significant support to Hainan Industries from high-tech enterprises.
According to Huobi Capital’s CEO Zhang Xiaoyuan, the training zone would apply the relevant blockchain standards and put China’s digital economy on a new track. He commended Huobi’s influence and the platform’s ability to empower the blockchain market.
Additionally, the Hainan Ecological Software Park will create a One Belt, One Road strategy to make the initiative an global concept for people to join. In the recent events, China’s crypto market has had several challenges, but Hainan’s Digital Training Base has a promising future in empowering blockchain technology across the country. The country is apparently on a journey to revolutionize its economy and prepare for the next generation.