Welcome to our Global Cybersecurity and Privacy Protection Transparency Center Grand Opening. And thank you for joining us today. This is the seventh Transparency Center that we have built and we are delighted to have this opportunity to share with you what we have been working on.
Global Privacy and Transparency Center in Dongguan – China Challenge While we are increasing digitalization around the world, cybersecurity is becoming more important than ever. From the news, we’ve seen an increasing number of cyberattacks on critical infrastructure, such as energy, healthcare, and transportation. These attacks have affected the lives of millions of people around the world. According to Cybersecurity Ventures, in 2021, losses from cybercrime could reach $6 trillion. This is more than the third largest economy in the world. Meanwhile, as a result of the pandemic, people are spending more time online than ever before. And I’m sure many of us will continue to work remotely, even after the pandemic. This is the new normal. And it’s more important than ever to ensure a safe and secure cyberspace. Global progress: An opportunity for improvement On a global scale, with cyber attacks on the rise, all industries are taking cybersecurity more seriously. In the public sector, new laws, regulations and standards are being applied regularly. In the past two years alone, more than 180 cybersecurity laws have been passed in 151 countries. This is amazing progress. In the telecommunications sector, industry organizations such as GSMA and 3GPP have been working closely with industry stakeholders to promote the NESAS Security Specifications and independent certifications. 
Mr. Ken-Hu rotating chairman of Huawei These frameworks are already widely accepted in the industry and we are confident that they will play an important role in the development and verification of secure networks. However, we still have a lot of work to do. Cybersecurity is a complex, increasingly challenging challenge that requires close cooperation and information sharing. We still lack a coordinated, standards-based approach across the industry, especially when it comes to governance, technical capabilities, certification, and collaboration. Unfortunately, in some places there is still a misconception that the country of origin of the product affects the security of equipment and network technology. This view is simply wrong. That perspective does not address the real challenges and prevents us from forming a unified approach. Our Cybersecurity Experience At Huawei, cybersecurity is our top priority. We share this responsibility with our customers to ensure that the equipment they are using is safe and secure. We are proud of what we have achieved. Over the past 30 years, we have served more than three billion people around the world. We support the stable operation of more than 1,500 service provider networks in more than 170 countries. And we’ve maintained a solid track record in cybersecurity over the years. This is the result of continued investment in cybersecurity management experience. We currently have more than 3,000 cybersecurity R&D employees, with 5% of our R&D spending focused on the security of our products. 
Generic Methods and Trust Building Of course, our cybersecurity systems were not developed in a vacuum. They are also the result of regular engagement, joint research and joint innovation with our customers, partners, regulators and standards organizations around the world. That’s what this Cybersecurity Transparency Center is all about. Two years ago we opened a similar Center in Brussels. At the time, I said about our ABC principle for security at Huawei: “Trust no one. Trust no one. Check everything.” My point is that trust and distrust should both be based on facts, not feelings, not speculation and not baseless rumors. We believe that data should be verifiable and that verification should be based on standards. Because this is our guiding principle, we have established 6 Cybersecurity and Transparency Centers over the past 10 years in Europe, the Middle East and North America. This center in Dongguan will serve three main functions: To exhibit solutions and share experiences. To facilitate communication and joint innovation. Provides a platform for security testing and verification. This hub is designed to support stakeholders from around the world. The Center has the best tools, testing environments and experts available to our partners, customers and industry colleagues. Here you can understand and test our products. And together, we can work more closely on security, verification and innovation standards. 
3 points of view to conclude Before concluding my speech, I would like to take this opportunity to share my three quick views. The first thing is that we need to build capacity together. Cybersecurity threats are complex, diverse, and evolving. No organization can handle it all. From governance, standards and technology, to verification, we need to work together, combine strengths and build our collective capabilities. We also need to share knowledge, like the Security Fundamentals we’re releasing today and the 5G Network Security Knowledge Base deployed by the GSMA. The more knowledge and best practices we share, the more we can effectively enhance cybersecurity as a community. And finally, we need to form stronger alliances. That means governments, standards bodies and technology vendors need to work more closely together to develop a unified understanding of cybersecurity challenges. This must be an international effort. We need to set common goals, align responsibilities, and work together to build a trusted digital environment that meets the challenges of today and tomorrow. Once again, thank you for joining us today and thank you all for joining us online.
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