Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, November 10 2020 - 02:16
AsiaNet
Imagine a Future Where Policymakers No Longer Need to Imagine: Adkins Zheng of TCSA Delivers Keynote at the Dialogue of Continents
PARIS, Nov. 9, 2020 /PRNewswire-AsiaNet/ --

Thousand Cities Strategic Algorithms Cloud Technology (TCSA) was invited as a 
panelist and distinguished expert for the Dialogue of Continents, a forum 
hosted by the Hamburg Institute of International Economics and the Reinventing 
Bretton Woods Committee (RBWC). Mr. Adkins Zheng, the Chairman and Chief 
Algorithm Officer of TCSA, delivered a keynote speech during the opening 
discussion themed "Embracing the Age of Imagination and Uncertainties: The 
Global Economic and Social Impact of COVID-19" on November 5th, 2020.

The pandemic has severely impacted the global economy, creating significant 
pressure on both political institutions and traditional governance mechanisms. 
In his keynote, Zheng addressed the pressing need to find a new way out of the 
current conundrum, where the effectiveness of monetary policies is ebbing and 
central banks find themselves making decisions in total darkness. The insights 
and solutions provided by TCSA to transform each central bank into a nation's 
largest data powerhouse – ensuring transparency and providing a real-time, 
granular, and scientific view for decision-makers around the world – won 
recognition from all parties involved.

This central-bank-based data hub will serve as the "policy cockpit" and the 
"macroeconomic brain" for a new era of contemporary governance and provide a 
significant upgrade in statecraft.  The panel reached the common ground that 
data should not be controlled only by the private sector, as is often the case 
by major internet giants. Instead, data must be owned by each nation and its 
citizens for a more egalitarian purpose: to create an equal, sustainable and 
transparent country of stability and prosperity.

Participating global authorities and thought leaders also express their deepest 
concerns for economic fragility, societal fragmentation, climate change, and 
geopolitical tension, and reach a consensus that joint efforts and collective 
action should be the top priority. They called for tighter collaboration 
between nations on multilateral platforms, stronger links between the public 
and private sector, and deeper collaboration across disciplines from science to 
politics, in order to create a common path towards innovative progress and 
sustainable peace.

The first opening panel of this 3-day annual conference was attended by global 
thought leaders such as the Korea Institute for International Economic Policy 
(KIEP), Think Austria Strategy Unit of the Austrian Federal Government, Center 
for the Future of Work at Cognizant, Institute of Global Affairs at London 
School of Economics and Political Science (LSE) and the Ministry of Finance of 
China. Attendees had an in-depth discussion on the implications of COVID-19 and 
how policymakers can address global challenges with bold, innovative and 
data-empowered solutions.  

SOURCE: TCSA
 



Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=376217

   Caption: TCSA was officially invited to the Dialogue of Continents global 
online conference

   Link: https://iop.asianetnews.net/view-attachment?attach-id=376221

   Caption: Adkins Zheng of TCSA Delivers Keynote at the Dialogue of Continents

Attachments
TCSA.jpg TCSA-2.jpg
Translations

Japanese