2019 April 3rd, GUANGZHOU China – XAG has been accepted to become a member of the World Economic Forum, an exciting news simultaneously came as XAG celebrated its 12th anniversary on April 1st. This places XAG in a wider international arena where it will closely collaborate with different stakeholders to develop governance protocols and schemes on how to better harness the infinite potential of technology, empowering the global economy with a sustainable future.
The World Economic Forum (WEF), established in 1971, is an international, impartial non-profit organisation headquartered in Geneva, Switzerland. It aims to promote public-private cooperation and fuel a stable, sustainable economic growth. Annual meetings emphasising on different agenda and topics are held throughout the year, which bring leaders and innovators from governments, businesses, academia and civil organisations together to discuss urgent issues and tackle the common challenges of society.
Members invited to join the WEF are market leaders or technology pioneers with growing influence in specific industry or region. This indicates that XAG’s significant endeavour and achievement in transforming the agricultural industry with UAS technologies have been recognised both nationwide and worldwide.
One of the major initiatives of the WEF is “Shaping the Future of Food”, since our current food system has excessively extracted natural resources and pushed our nature into an ecological deficit. Based on the findings from the World Resources Institute, the world’s population would expand into 10 billion and require 56% more sustenance by 2050, therefore a sustainable, nourishing food system desperately needs to be structured to feed this increasingly growing population without damaging the environment. Science and disruptive technology come to play a vital part.
Source: the World Resources Institute
As a leading Agri-tech company, XAG has been committed to fulfilling its mission “Make Agriculture Smarter” through incorporating drone technology with artificial intelligent, Big data, Internet-of-Things, robots and other digital farming tools. This disrupts the agriculture industry, as XAG provides farmers with efficient solutions to precision spraying, accurate field mapping and intelligent crop management which help to tackle the challenges of environment pollution, pesticide residual and low productivity brought by the traditionally labour-intensive, resource-consuming farming practices. To date, XAG’s products and services have successfully operated in a global network with 19 countries such as Japan and Australia, increasing crop yields by 8%, reducing 30% of pesticide use and preserving 90% of water resources.
Joining hands with the WEF, XAG will strives to accelerate digital farming and sustain a healthy global food system with a transparent, traceable value chain, in which farmers’ livelihood will be improved, and food safety will be guaranteed for the end consumers while exerting minimal pressure on our planet.