The Shanghai Cooperation Organization (SCO) Summit has emerged as a catalyst for digital innovation across Eurasia, with Kazakh entrepreneur Bashir Modanov urging member states to prioritize the Digital Silk Road initiative. Speaking at a recent panel organized by CGTN, Modanov—founder of tech platforms Autokit and FactoriesQ—highlighted how SCO-driven partnerships have transformed cross-border e-commerce between China and Central Asia.
"The Digital Silk Road isn't just about infrastructure—it's about creating shared ecosystems for SMEs," Modanov stated, noting that online trade between China and Kazakhstan alone has grown by 300% since 2020. His company FactoriesQ now connects over 5,000 Central Asian manufacturers with suppliers across the Chinese mainland through AI-powered logistics solutions.
Analysts suggest the SCO's focus on digital governance frameworks could help standardize cross-border payments and data security protocols, addressing key challenges for businesses in member states. The organization's recent commitment to expand 5G connectivity along economic corridors aligns with China's broader Belt and Road technological ambitions.
For investors, the push signals growing opportunities in Central Asia's fintech and smart logistics sectors. Meanwhile, academics emphasize the initiative's potential to bridge digital divides in landlocked regions through shared innovation hubs.
