CAREC Institute and XNAI Successfully Host Workshop on Digital Economy Development and Integrity

The CAREC Institute, in collaboration with the Xiamen National Accounting Institute (XNAI), successfully concluded the Workshop on Digital Economy Development and Integrity, held virtually from November 26 to 28, 2024. The event convened over 70 distinguished participants, including government officials, experts, and academics from CAREC member countries, to explore the evolving dynamics of the digital economy.

The workshop featured insightful lectures and engaging discussions led by experienced experts. Key themes included the state of digital economy development in Central Asia, data asset management strategies, and critical issues of compliance and governance. Participants gained valuable insights into the importance of robust regulatory frameworks and enhanced digital security measures to foster sustainable growth and innovation in the region.

Dr. Zheng Yong, Vice President of XNAI, opened the workshop by emphasizing the significance of international collaboration in harnessing the potential of the digital economy. She highlighted the urgent need for innovative solutions to address digital transformation challenges, particularly in advancing integrity and compliance. Dr. Huang Jingjing, Deputy Director One of the CAREC Institute, delivered a welcome address that built upon these themes. She underscored the transformative role of knowledge sharing and capacity building in driving sustainable economic growth and positioned regional cooperation as a catalyst for innovation and resilience. Their remarks inspired participants, setting a collaborative and action-oriented tone for the workshop.

On the first day, Mr. Lu Shiliang, Research Specialist at the CAREC Institute, presented on “Current Status and Cooperation Opportunities in Digital Economy Development in Central Asia.” He highlighted notable advancements in digital adoption across CAREC member countries while addressing key challenges, including limited internet access and cybersecurity vulnerabilities, underscoring the need for regional collaboration to drive digital transformation.

Dr. Ghulam Samad, Chief of Research Division at the CAREC Institute, followed with an engaging session on “Digital and Sustainable Trade Facilitation in the CAREC Region.” He highlighted the transformative potential of digital technologies in streamlining trade and reducing costs while stressing the importance of integrating sustainable practices to align economic growth with environmental goals.

The subsequent sessions featured contributions from esteemed XNAI Associate Professors. Dr. Li Xiping presented on “Compliance and Governance in the Digital Economy,” emphasizing effective governance frameworks to mitigate integrity risks. Dr. Jian Wei’s session on “Data Asset: Management and Compliance” provided an in-depth exploration of regulatory compliance and the critical importance of securing data assets.

This workshop reflects the CAREC Institute and XNAI’s commitment to advancing regional connectivity and economic policymaking, providing a platform for collaborative solutions to shared challenges in the digital economy.