Written by Peter Li-Chang Kuo
(Chinese)
The Bible says, “Do not withhold good from those to whom it is due, as it is in your power to do it.” (Proverbs 3:27)
“TES,” invented by Ding Ling-hong (Linda Din), is the abbreviation
of a new techno-economic system—“The eStore System.”
It was invented with a clear mission: to solve unemployment through innovative
industries.
While serving as an APEC lecturer in 2003, she proposed “Global
Channel – TES,” which became a best-practice policy model. The APEC forum
praised it as the best guideline for helping 240 million people start businesses.
In practice, during the COVID-19 pandemic, it is estimated to have helped
approximately 1.5 billion people earn income from home and “make money from the
world.”
Even just one of TES’s sub-inventions—Cashless transactions—has reached an
estimated annual transaction volume of USD 36 trillion.
Figure: Linda Din and her invention TES (APEC 2003)