Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, January 14 2021 - 20:51
Xinhua Silk Road: SCO Secretariat, TCSA jointly host "National Data Brain" Summit
BEIJING, Jan. 14, 2021 /PRNewswire-AsiaNet/ --

The Secretariat of the Shanghai Cooperation Organisation (SCO) and the Thousand 
Cities Strategic Algorithms (TCSA) jointly held a summit on "National Data 
Brain: Driving Societal Stability and Economic Revitalization" on Tuesday in 

As a part of the 20th anniversary of the SCO, the summit was attended by the 
SCO member states, observer states, partner states, ambassadors, diplomatic 
representatives of the Association of Southeast Asian Nations (ASEAN) and the 
League of Arab States (LAS), as well as well-known Chinese entrepreneurs.

According to SCO secretary-general Vladimir Norov, who made opening remarks on 
the summit, SCO states are making joint efforts to build an effective financial 
mechanism for data-driven economic development. An in-depth understanding of 
TCSA's solution can help achieve the goal of tightened cooperation using 
innovative technologies.

This summit provided a technological blueprint for an upgrade in macroeconomic 
governance, said Vladimir Norov, adding that he hoped that the summit could 
accelerate the construction of National Data Brain in various countries to 
achieve societal stability and economic revitalization for all SCO states.

Adkins Zheng, chairman of TCSA, expressed his gratitude for SCO's recognition 
and support, and gave a detailed presentation on the construction of the 
National Data Brain. 

TCSA pioneered a novel model for data transmission, storage, computation, and 
application across a massive range of dimensions, said Zheng, adding that 
serving like the CPU of the national economy, this data architecture can reduce 
data processing costs exponentially.

As the first international consultancy to serve visionary central governments 
in the establishment of digitalized national macroeconomic systems through the 
construction of National Data Brain, TCSA has won widespread recognition from 
authorities and academia such as the World Bank and IMF.

Currently, TCSA is promoting cooperation with central governments and central 
banks in 50 countries, among which, five of them have entered the signing 
process and two of them have signed cooperation agreements.

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Source:Xinhua Silk Road

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   Caption: SCO Secretariat, TCSA jointly host "National Data Brain" Summit