Huawei opened the new Global Cyber Security and Privacy Protection Transparency Center in Dongguan to address these issues, providing a platform for industry stakeholders to share expertise in cyber governance and work on technical solutions together.

These trends have led to a rise in new cybersecurity risks. Over the past few years, industry digitalisation and new technologies like 5G and AI have made cyberspace more complex than ever, compounded by the fact that people have been spending a greater portion of their lives online throughout the COVID-19 pandemic. Together, we can strike the right balance between security and development in an increasingly digital world.' We need to give both the general public and regulators a reason to trust in the security of the products and services they use on a daily basis.

As an industry, we need to work together, share best practices, and build our collective capabilities in governance, standards, technology, and verification.

At the opening of the centre, Ken Hu, Huawei's Rotating Chairman, said, 'Cybersecurity is more important than ever.

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