(Yicai Global) Feb. 1 -- China Internet titan Tencent Holdings Ltd. has struck a strategic cooperative agreement with the government of east-coastal Jiangsu province to jointly implement 30 projects in nine major sectors, including transport and healthcare, to integrate the real and digital economies and hasten construction of a smart province.
The two inked their contract yesterday in the provincial capital of Nanjing. Tencent will apply its cloud and Big Data technologies in local law enforcement, transport, financial supervision and urban management. The company will also promote its products within the province, including artificial intelligence-aided medial assistant Tencent Miying and WeChat Wallet-based Tencent ride code, state Xinhuanet reported
The city of Suzhou in its southeast has taken the lead in instituting Tencent's ride code. One hundred buses in the city support its use to pay bus fares. The service will later extend throughout the province, which is also the first in China to use WeChat's Electronic Toll Collection, per the report.
In smart healthcare, aside from the auxiliary diagnostic services Tencent Miying provides to provincial hospitals, the parties will cooperate in medical insurance payments, online consultations, convenient registration and chronic disease management. Tencent will also work with Jiangsu Province Hospital -- a leading local medical institution -- to set up a joint AI medical innovation center.
The two will also work together in entrepreneurship, new media and the Internet of Things. A key part of the urban conglomerate of the Yangtze River Delta, Jiangsu ranks second only to Guangdong province in economic size.