< /p" Last week, the first 5G artificial intelligence innovation laboratory created by Chinese technology giants Huawei was officially opened.(File photo)

Social Theory November 27, 2019

Two weeks ago, the Information and Communication Media Development Agency signed a memorandum of cooperation with the US technology giant Microsoft to provide 5G development environment and technical consulting services for government agencies and enterprises, and shared the best ways to work in 5G standards, compatible operations and security design principles.Last week, the first 5G artificial intelligence innovation laboratory created by Chinese technology giants Huawei was officially opened.

The above two investment is of great significance to the development of Singapore 5G technology.The Asset Media Bureau said that it will join forces with Microsoft to accelerate the development of 5G in the real estate industry, urban commuting, industry 4.0, maritime operation, and consumer and government applications.On the other hand, Huawei stated that it plans to train 100 artificial intelligence engineers and 1,000 artificial intelligence developers in the next three years.

On the occasion of the Sino -US Science and Technology War, the investing in Singapore, two technology giants of the United States and China, also highlights the potential of Singapore as a technology transit station.In the construction of 5G technology and the construction of the science and technology ecosystem, Singapore emphasizes the principles of openness and tolerance.As the Deputy Prime Minister and Minister of Finance Wang Ruijie recently pointed out that when many countries tend to trade protectionism, Singapore should go up against the current, choosing not to build a wall but building a bridge.

The strategic competition between China and the United States has expanded from a trade war to a scientific and technological war, and there is a huge trustware of trust.The trade war led to the reorganization of the global supply chain, and the scientific and technological warfare may cause two different systems in terms of scientific and technological systems and standards in China and the United States.This not only hinders the development of science and technology, but also bring inconvenience to users.In fact, the United States has blocked Chinese 5G suppliers on the grounds of network security, which has lengthen the cycle of the decline in the electronics industry.

Like other small countries, Singapore does not want to choose stations in the strategic competition in China and the United States.At the same time, we do not have enough ability to change the reality of geopolitics.However, Singapore's traditionally played rotary station function is expanding to the field of scientific and technological cooperation.

Singapore is a small country. As always, he plays the role of an honest middleman, which helps to reduce the trust deficit between the great power.In addition, Singapore is a collection center of talent and funds, providing superior conditions and platforms for global technology companies, and engaging in research and development and development.In fact, except for Microsoft and Huawei, many top technology companies in the world have invested in Singapore, including Facebook, Google, Alibaba, and byte beating.They use Singapore as the base to discover huge business opportunities in Southeast Asia.

The world's top science and technology companies and startup companies have gone through the cluster effect, which helps strengthen my country's scientific and technological ecosystem, thereby further improving the attractiveness of Singapore to technology companies.Nevertheless, we must face many challenges to consolidate the status of technology transit stations.

First of all, if the U.S. -China science and technology war deteriorates into two science and technology systems, it will likely affect the openness and tolerance policies we have implemented.When the United States blocked 5G suppliers in China, it requested other countries to follow, otherwise it will restrict information exchanges to prevent US data from leakage.However, after identifying 5G suppliers of China, Western allies in the United States have successively stated that they will adopt an open position.Nevertheless, we still need to continue to communicate with relevant countries to eliminate the concerns of network security.On the other hand, when we implement the policy of openness and tolerance, we must also ensure that the seamless connection and compatibility of different systems must be ensured.

Secondly, as a transit station, it is necessary for Singapore to keep the portal open and attract foreign talents to fill the lack of local talents.The Economic Development Bureau and the Singapore Enterprise Development Bureau jointly launched a two -year test plan for the fourth quarter of this year to help technology companies apply for employment permits for foreign employees more easily and faster.Of course, foreign talents are important, but the science and technology ecosystem with local talents and enterprises as the backbone can give full play to the potential of science and technology transit stations.Therefore, it is necessary for us to ensure that foreign scientific and technological companies are in our country, and we will seriously treat scientific and technological transfer and employment and training of local talents.

In addition, in the technology ecosystem, we need to strengthen the relevant capital market to assist in starting financing companies and improve the brand value of technology companies.In the local stock market, there is no science and technology enterprise with a valuation of more than $ 1 billion.These science and technology enterprises called unicorn are currently nearly 500 in the world, of which 203 are in the United States and 206 in China.In addition to cultivating local unicorns, we should attract American or Chinese unicorns to go public in the local stock market, or at least listed on the local stock market.

The information and communication and media industry are a new highlight of my country's economic development.Despite the slowdown of global economic growth, this industry is still unique.Improve the technology ecosystem to help strengthen our attractiveness to technology companies.To build a bridge for technology companies to ensure the compatibility and connection of the science and technology system, it may be a new opportunity for Singapore to develop in the 21st century.