China's President Xi Jinping Urges Focus on AI and Tech-Driven Economy to Maintain Global Economic Leadership
Chinese President Xi Jinping has emphasized the importance of understanding and advancing emerging technologies to maintain China's competitive edge in the global economy. In a speech published in the Communist Party's official journal, Xi called on party leaders to enhance their knowledge of frontier science and technology. He highlighted the significance of promoting quantum technology, biomanufacturing, hydrogen and nuclear fusion energy, brain-computer interfaces, embodied AI, and 6G as new economic growth points. This strategic focus aims to position China as a leader in technological innovation and to secure its dominance in key industries, including green technology and rare earth materials. The OECD report indicates that Chinese firms have significantly benefited from government subsidies, which have contributed to their global market share gains.