The Politburo identified one big reason that the economy is struggling:
“The external environment has experience profound changes.”What that means in plain English:We are in a trade war with the United States. And they are restricting us from buying technology or investing in high-tech companies abroad.
This has China’s top leaders freaked. They are now determined to develop core technologies domestically and reduce dependence on foreign technology.
So it came as little surprise that the Politburo held a study session on artificial intelligence yesterday.
Xi sees AI as core to China’s future:“Artificial intelligence…will have profound and far-reaching effects on the international political economic structure.”“Accelerating development of next-generation artificial intelligence is an important strategic starting point for our winning the initiative in international technological competition.”Xi told his fellow Politburo members that they all need to do their part:“Leading cadres at all levels…must strengthen policy support.”Get smart: Xi Jinping is absolutely determined to make China the world leader in AI. Don’t expect the Party to spare any resources in trying to make that happen.
CPC People: 习近平：推动我国新一代人工智能健康发展