The backbone node of the "Spark Chain Network" (Baotou, Inner Mongolia) was launched in Baotou on Aug 22. The signing ceremony of the "Mengxinrong" industry-finance platform was held in the city at the same time.

It is understood that this is the first backbone node of the "Spark Chain Network" in North China's Inner Mongolia autonomous region. Cooperation agreements were signed among 10 representative enterprises such as Baotou Guoyun Green Energy Group, eight banking institutions such as China Construction Bank Baotou Branch, and the Baotou platform.

The industry-finance committee and credit-creation committee of Baotou Digital Science and Technology Research Institute were officially unveiled at the launching event.

Nearly 100 domestic experts in the digital economy and industrial finance field were invited to participate in the launching forum to carry out high-end keynote sharing and exchanges. This aimed to accelerate the promotion of Baotou's industrial digital transformation and ensure the security and coordination of cloud assets, data resources, and business systems.

This event is set to vigorously promote Baotou's digital upgrading in various industries, including finance, high-end manufacturing, new energy, new materials, smart agriculture and animal husbandry, and new consumption. 

It is set to provide a new model and business form for the development of the digital economy in Baotou and even Northwest China.