IEC work to advance international trade

Dr Shu Yinbiao at Davos 2017

Every January, international political, business and civil society leaders gather at the World Economic Forum in Davos, Switzerland, to discuss global politics, economics, and social issues.  This year, the IEC was present at the meeting: Dr Shu Yinbiao, IEC Vice-President and Convener of the Market Strategy Board (MSB), participated in the panel discussion Preparing for the Fourth Industrial Revolution on 17 January 2017.

WEF panel discussion
Dr Shu Yinbiao participated in the panel discussion "Preparing for the Fourth Industrial Revolution" with (from left) Ngaire Woods, Mary Barra, Mukesh D. Ambani, Marc R. Benioff and Vishal Sikka.

At a time when the focus was on this Swiss mountain village, Dr Shu showcased how the work of the IEC encourages international trade.

Here is an excerpt of Shu’s Davos address where he speaks about the IEC:

I have been working for the IEC for many years. IEC stands for International Electrotechnical Commission. The products of the IEC are standards. Standards can promote international trade, with technology standards.

"IEC has now over 20,000 expert engineers from all over the world. With IEC standardization, the manufacturers and the labs can manufacture their products according to unique (international) standardization. This is very helpful. 

"IEC was founded in 1906, we are 110 years old already. And it has a very good working procedure – everyone can participate in standardization development…the Standards are produced by consensus. Every expert has to agree with the Standard. 

"The IEC work is divided into many groups. We call these groups Technical Committees (TCs). In the TCs they are working in a specific area, for example, like electric cars. The engineers come together, they meet several times in a year.  

"For one Standard it may take several years to finish. So they are very careful for the standardization but it is not difficult, people are very enthusiastic to participate in the standardization development.”

Also on panel were: