Smart City Updates
Chinese E-commerce opens institute for 'Smart Cities'
A separate firm of Chinese e-commerce giant Jingdong Group (JD.com), JD Finance, has constructed the Smart City Research Institute at its headquarters in Nanjing. With the establishment of new institute, JD.com aims to facilitate the development of 'smart city' construction with the use of artificial intelligence (AI), big data and blockchain technologies. The company's first regional headquarters in Nanjing will influence 'the entire East China Region' and it further aims to reduce industry costs and increase efficiency.
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