Xi Jinping calls for education overhaul to ramp up China’s tech ambitions

Xi Jinping calls for education overhaul to ramp up China’s tech ambitions

China’s education system needs to change to produce the scientific talent the country requires for its grand technology ambitions, Chinese President Xi Jinping said on the sidelines of the “two sessions” on Thursday. Addressing education sector members of the Chinese People’s Political Consultative Conference, China’s top political advisory body, Xi said the education system had…

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China’s Xi Jinping makes tech and private sector appeal on ‘two sessions’ sidelines

China’s Xi Jinping makes tech and private sector appeal on ‘two sessions’ sidelines

Chinese President Xi Jinping has called for better integration of technology and industry, stressing the need to upgrade traditional sectors and foster future sources of innovation. Addressing deputies from the eastern province of Jiangsu in Beijing on Wednesday, Xi also reaffirmed support for private businesses – a message he has delivered repeatedly as part of…

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China prioritises consumer spending ahead of technology as economic worries weigh

China prioritises consumer spending ahead of technology as economic worries weigh

By Casey Hall, Liam Mo and Che Pan SHANGHAI/BEIJING (Reuters) -Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing’s to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances in the world’s second-largest economy. Chinese Premier Li Qiang’s report on Wednesday to the annual meeting…

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Police hint at China’s ‘two sessions’ timing with ban on low-flying aircraft

Police hint at China’s ‘two sessions’ timing with ban on low-flying aircraft

Security measures will be stepped up in Beijing ahead of next week’s annual political and legislative sessions, when thousands of lawmakers, officials, generals and businesspeople gather to discuss China’s policy agenda. In a statement issued on Tuesday, Beijing police said that all drones and other flying devices – including those used for sports, entertainment or…

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Beijing’s schmoozing of China’s private sector a strategic move, analysts say

Beijing’s schmoozing of China’s private sector a strategic move, analysts say

Beijing is repositioning the private sector as the cornerstone of China’s global competitiveness and technological edge in the face of growing geopolitical and economic headwinds, according to analysts’ assessments following President Xi Jinping’s meeting with prominent entrepreneurs. Observers also emphasised the importance of more stimulus and policy reforms to get the ball rolling. The first…

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With DeepSeek, China’s economic growth suddenly seems tied to AI

With DeepSeek, China’s economic growth suddenly seems tied to AI

While artificial intelligence (AI) start-up DeepSeek surprised the world with its latest low-cost reasoning model – dubbed R1 – the revelation reignited overseas interest in Chinese tech and capital market investments while raising expectations that a subsequent surge in AI-fuelled productivity will serve to elevate the national economy. From analysts to economists, many point to…

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