The southern Chinese megacity of Shenzhen has unleashed a barrage of policies aimed at propelling itself to the forefront of the global artificial intelligence and robotics industries, as the metropolis seeks to reaffirm its status as China’s leading technology hub. In a rare move, the city rolled out three major action plans in a single…
China’s rapid advances in artificial intelligence (AI) are reshaping the dynamics of global technology and one of the most consequential shifts is taking place beyond the traditional AI power centres of Beijing, Shanghai and Shenzhen. China’s AI influence is expanding across the Global South, from Africa to Latin America and Southeast Asia. With affordable AI-powered…
With his symposium that brought together China’s top private entrepreneurs, President Xi Jinping sent a message that the country has won an initial victory in weathering technological restrictions imposed by the US. According to the People’s Daily, Xi told the country’s tech titans, including Huawei Technologies founder Ren Zhengfei and robotics start-up Unitree founder Wang…
Shenzhen – often hailed as China’s Silicon Valley – has pledged to ramp up its investments in talent development with a particular focus on humanoid robotics, part of a growing global competition in tech that will see robots and artificial intelligence (AI) as major battlegrounds. The southern metropolis is gearing up to implement a “comprehensive…
When Ulrich Ackermann started working for the German machinery industry in 1986, the country’s watchmaking sector had been eaten up by Japanese competition. Advanced equipment makers were sure they were next. “The watch industry almost completely disappeared from Germany, and there was a fear that this could also happen to the machinery industry. That hasn’t…
President Xi Jinping has reiterated his view of China’s inevitable rise – a belief that continues to drive policymaking at the highest level – at a closely watched symposium with prominent entrepreneurs, held to boost private-sector morale and shore up economic momentum. He told the assembled business leaders on Monday that the East still holds…
Ren, the face of China’s resilience against US hostilities in technology, told Xi that concerns had eased over China’s lack of home-grown chips and operating systems – the “heart and soul” of modern technology – according to a report from the People’s Daily on Friday. “I firmly believe that a stronger China is rising at…
China’s tightening grip on radio frequencies critical for advanced technologies – from 5G networks to AI-driven weapons – threatens to eclipse US innovation and military readiness, senators and analysts warned on Wednesday, urging Congress to break a years-long stalemate over modernising America’s outdated spectrum policies. At a Senate Commerce Committee hearing, lawmakers clashed over how…
Yu Renrong, the only semiconductor executive to attend a symposium hosted by Xi Jinping with other Chinese entrepreneurs earlier this week, has quickly become the face of the nation’s chipmakers. In a video released by the mainland’s state broadcaster CCTV, the 58-year-old founder of Shanghai-listed Will Semiconductor – wearing a black coat – was seen…
When President Xi Jinping brought together China’s most prominent entrepreneurs for a high-profile symposium, markets and industry observers the world over were watching. News of the symposium had garnered a great deal of attention, as such a meeting had not taken place since late 2018. In the years after that gathering, a series of seismic…