As one of the four WIC sessions, the year-long Global Internet Competition focuses on digital economy. By leveraging new technologies and business models, it’s building a bridge for Internet projects, technologies, talents and investors from worldwide.
About GIC 2019-2021
This is the fourth year of the event. The Competition premiered in 2019 collected over 500 entries from 13 countries, the next year, over 800 entries from 15 countries. Last year, more than 1,000 entries from 19 countries signed up for the event. The 50 finalists have received a total financing amount exceeding RMB 37.1 billion, with their total valuation in excess of RMB 373.5 billion.
For city-based sub-competitions, footprints were left over the last three years in Beijing, Shanghai, Shenzhen, Hong Kong, San Francisco, Frankfurt, Tel Aviv and seven other cities around the world. Staged offline from the outset, the events were later moved partially online and have now even become “cloud road shows” in parallel fields, efforts are being made to invite quality entries as much as possible. A feature last year was the five parallel contests (e.g., AI, integrated circuit, Industrial Internet, consumer Internet, 5G applications) hosted in strategic locations such as the Beijing-Tianjin-Hebei region, Guangdong-Hong Kong-Macao Greater Bay Area and Yangtze Economic Belt. Furthermore, now that leading organizations, research institutes, investment banks and top-tier firms are rounded up for the Competition, more supporting events, such as “Investors’ Matchmaking”, “Coffee with Celebrities” and seminars, came to foster cooperation and innovation of the Internet stakeholders and bridge the gap between cyberspace players. All the efforts have proved good for the global co-governance and prosperity of cyberspace and digital economy.
The Seven Parallel Contests
The website as bellow will remain open for sign-up till early August. Please log onto https://gic.wicwuzhen.cn to joins us.
The event will be co-hosted by the WIC and Zhejiang Provincial People’s Government and co-organized by Zhejiang Department of Economy and IT, Zhejiang Internet Information Office, Zhejiang Department of Science and Technology, Jiaxing People’s Government and Tongxiang County People’s Government. Each of the seven parallel contests (e.g., Digital common prosperity，Digital healthcare, Digital carbon peak and neutrality, Industrial Internet, AI, Intelligent and connected vehicles, Cybersecurity), under the theme of “A Party for the Smart, A Smart Future to Create”, will go through online preliminaries, semi-finals and finals before the awarding ceremony with the final winners.
(1) Online preliminary:
The judge panel for each parallel contest will review the online submissions at https://gic.wicwuzhen.cn and pick 15 to 20 entries for each category.
Offline competitions will be organized in several strategic locations such as the Beijing-Tianjin-Hebei region, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and Yangtze Economic Belt. Either the physical road shows by the Chinese participants or virtual ones by the global contestants will be subject to the check and review of the judge panel. Ten entries in each category will be shortlisted for the next round.
The final will be staged in Tongxiang one week before the WIC, including the real presentations of the Chinese and video shows of the global contestants. Each one will be scored by the judges to decide the final’s first, second and third prizes.
An awarding ceremony will be held in Wuzhen on the last day of the WIC. The first prize winner of each parallel contest will take the floor with his/her entry. The Chinese participants will present offline, while the global winners will connect themselves with the ceremony virtually in video clips.
We are calling for promising entries from worldwide
The Organizing Committee confirmed the online registration this year has now been open to the world. Please refer to qualifications as follows.
1. Contest themes for entries this year: Digital common prosperity / Digital Healthcare / Digital Carbon Peak and Neutrality / Industrial Internet / AI / Intelligent and Connected Vehicles / Cybersecurity;
2. The company with the registered entry must have been legally registered by the local authority and shall remain in good standing and free of any scandal or spotty record;
3. One or more startup team members behind the entry should have a PhD degree or have worked for a dotcom as senior manager;
4. The entry has completed the Angel Investment or more rounds;
5. The company with the registered entry shall possess its intellectual property rights neither in infringement of any patent right, copyright, trademark right and other IPRs of anyone else nor in violation of any laws and regulations, otherwise the company will be disqualified;
6. The contestant shall deliver the entry together with other materials as required and assure the accuracy and authenticity of all provided information and data. The letter of commitment for authenticity must be signed. The contestant will be disqualified in case of its provision of any false information or data;
7. The result of the GIC Final will be posted on WIC and GIC’s official websites and other platforms for public supervision. Contestant who fails to pass the public scrutiny within a month will be disqualified and consequently be requested to return the prize and certificate to the organizer.
Company Name: Wuzhen Summit – Internet Industry Cooperation Alliance
Contact Person: Fangyuan Chen
Email: Send Email