
China proposes new global AI cooperation organisation
China wants to help coordinate global efforts to regulate fast-evolving AI technology and share the country's advances, Premier Li Qiang told the annual World Artificial Intelligence Conference in Shanghai.
President Donald Trump's administration on Wednesday released an AI blueprint aiming to vastly expand U.S. AI exports to allies in a bid to maintain the American edge over China in the critical technology.
Li did not name the United States but appeared to refer to Washington's efforts to stymie China's advances in AI, warning that the technology risked becoming the 'exclusive game' of a few countries and companies.
China wants AI to be openly shared and for all countries and companies to have equal rights to use it, Li said, adding thatBeijing was willing to share its development experience and products with other countries, particularly the 'Global South'.
The Global South refers to developing, emerging or lower-income countries, mostly in the southern hemisphere.
How to regulate AI's growing risks was another concern, Li said, adding that bottlenecks included an insufficient supply of AI chips and restrictions on talent exchange.
Nvidia's Huang hails Chinese AI models as 'world class'
'Overall global AI governance is still fragmented. Countries have great differences particularly in terms of areas such as regulatory concepts, institutional rules,' he said. 'We should strengthen coordination to form a global AI governance framework that has broad consensus as soon as possible.'
Shanghai headquarters
The three-day Shanghai conference brings together industry leaders and policymakers at a time of escalating technological competition between China and the United States - the world's two largest economies - with AI emerging as a key battleground.
Washington has imposed export restrictions on advanced technology to China, including the most high-end AI chips made by companies such as Nvidia and chipmaking equipment, citing concerns that the technology could enhance China's military capabilities.
Despite these restrictions, China has continued making AI breakthroughs that have drawn close scrutiny from U.S. officials.
China's Vice Foreign Minister Ma Zhaoxu told a roundtable of representatives from over 30 countries, including Russia, South Africa, Qatar, South Korea and Germany, that China wanted the organisation to promote pragmatic cooperation in AI and was considering putting its headquarters in Shanghai.
The foreign ministry released online an action plan for global AI governance, inviting governments, international organisations, enterprises and research institutions to work together and promote international exchanges including through a cross-border open source community.
The government-sponsored AI conference typically attracts major industry players, government officials, researchers and investors.
Saturday's speakers included Anne Bouverot, the French president's special envoy for AI, computer scientist Geoffrey Hinton, known as 'the Godfather of AI', and former Google CEO Eric Schmidt.
Tesla CEO Elon Musk, who has in past years regularly appeared at the opening ceremony in person or by video, did not speak this year.
Besides forums, the conference features exhibitions where companies demonstrate their latest innovations.
This year, more than 800 companies are participating, showcasing more than 3,000 high-tech products, 40 large language models, 50 AI-powered devices and 60 intelligent robots, according to organisers.
The exhibition features predominantly Chinese companies, including tech giants Huawei and Alibaba and startups such as humanoid robot maker Unitree. Western participants include Tesla, Alphabet and Amazon.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
2 hours ago
- Business Recorder
Moscow awaits ‘important' Trump envoy visit before sanctions deadline
MOSCOW: The Kremlin said Monday it was anticipating 'important' talks with Donald Trump's special envoy later this week, ahead of the US president's looming deadline to impose fresh sanctions on Moscow if it does not make progress towards a peace deal with Ukraine. Trump confirmed a day earlier that Steve Witkoff will visit Russia, likely on 'Wednesday or Thursday', where he is expected to meet President Vladimir Putin. Despite pressure from Washington, Russia has continued its onslaught against its pro-Western neighbour. Three rounds of peace talks in Istanbul have failed to make headway on a possible ceasefire, with the two sides appearing as far apart as ever. Moscow has demanded that Ukraine cede more territory and renounce Western support. Kyiv is calling for an immediate ceasefire and Ukrainian President Volodymyr Zelenskyy last week urged his allies to push for 'regime change' in Moscow. Trump's deadline is set to expire on Friday. Kremlin spokesman Dmitry Peskov said Monday it considered the talks with Witkoff to be 'important, substantial and helpful' and valued US efforts to end the conflict. Putin has already met Witkoff multiple times in Moscow, before Trump's efforts to mend ties with the Kremlin came to a grinding halt. Top Trump aide accuses India of financing Russia's war in Ukraine When reporters asked what Witkoff's message would be to Moscow, and if there was anything Russia could do to avoid the sanctions, Trump replied: 'Yeah, get a deal where people stop getting killed.' Nuclear stand-off The visit comes after Trump said that two nuclear submarines he deployed following an online row with former Russian president Dmitry Medvedev were now 'in the region'. Trump has not said whether he meant nuclear-powered or nuclear-armed submarines. He also did not elaborate on the exact deployment locations, which are kept secret by the US military. Russia, in its first comments on the deployment, urged 'caution'. 'Russia is very attentive to the topic of nuclear non-proliferation. And we believe that everyone should be very, very cautious with nuclear rhetoric,' the Kremlin's Peskov said. Ukrainian drone attack sparks fire at railway station in Volgograd region, Russia says The chief of staff to Zelenskyy on Monday backed Trump's actions. 'The concept of peace through strength works,' Andriy Yermak wrote on social media. 'The moment American nuclear submarines appeared, one Russian drunk – who had just been threatening nuclear war on X – suddenly went silent,' he added. Trump has previously threatened that new measures could mean 'secondary tariffs' targeting Russia's remaining trade partners, such as China and India. This would further stifle Russia, but would risk significant international disruption. Putin, who has consistently rejected calls for a ceasefire, said Friday that he wants peace but that his demands, dismissed by Kyiv as 'old ultimatums', for ending his nearly three-and-a-half-year offensive were 'unchanged'. Russia has frequently called on Ukraine to effectively cede control of four regions Moscow claims to have annexed, a demand Kyiv has called unacceptable. Putin also wants Ukraine to drop its ambitions to join NATO. Zelenskyy visits troops Russia fired a record number of drones at Ukraine last month, AFP analysis of Kyiv's air force data showed, escalating its attacks as peace talks stalled. Kyiv has also said it will intensify its air strikes against Russia in response. Both sides said Monday they had downed dozens of enemy drones overnight in the latest barrage. Separate Russian strikes on the southern Zaporizhzhia region, part of which it controls, killed four people, Ukrainian officials said Monday. One more was killed by Russian shelling in the southern Kherson region. Zelenskyy was visiting troops at the front in the Kharkiv region, he said, posting a video of him awarding soldiers with medals and walking through bunkers. Russia is seeking to establish what it calls a 'buffer zone' inside the Kharkiv region along the Russian-Ukrainian border. Zelenskyy also said Sunday that the two sides were preparing a prisoner exchange that would see 1,200 Ukrainian troops return home, following the latest round of talks in Istanbul last month.


Business Recorder
2 hours ago
- Business Recorder
US stocks pop after gloomy finish last week
NEW YORK: Wall Street stocks bounced Monday after a steep sell-off last week, as optimism for an earlier central bank interest rate cut prevailed while investors digested a government report indicating weakness in the jobs market. About 15 minutes into trading, the Dow Jones Industrial Average rose 0.7 percent to 43,906.26 while the broad-based S&P 500 Index surged 1.0 percent to 6,297.56. The tech-focused Nasdaq Composite Index jumped 1.3 percent to 20,924.29. 'We're getting a pop after a drop,' said Sam Stovall of CFRA Research. But he warned that 'there's still an awful lot of uncertainty out there regarding tariffs, regarding employment and whether it's implying recession.' Wall Street Week Ahead: AI gains and strong earnings support Wall Street as tariff woes linger It appears increasingly possible that the Federal Reserve cuts interest rates to boost the economy when the rate-setting committee is next due to meet in September, he said. But 'we have to see additional data to decide whether an intra-meeting decline is warranted,' Stovall added. The Fed has held off rate cuts for all of this year as officials monitor the effects of President Donald Trump's tariffs on consumer prices. 'There is a buy-the-dip effort underway to begin the week,' said Patrick O'Hare of in a note, of Monday's market movements. Looking ahead, markets are bracing for higher tariffs on dozens of economies to take effect Thursday.


Express Tribune
4 hours ago
- Express Tribune
Trump's submarine comments prompt Kremlin warning on nuclear tensions
Russia said on Monday that everyone should be "very, very careful" about nuclear rhetoric, responding to a statement by US President Donald Trump that he had ordered a repositioning of US nuclear submarines. In its first public reaction to Trump's comments, the Kremlin played down their significance and said it was not looking to get into a public argument with him. Trump said on Friday he had ordered two nuclear submarines to be moved to "the appropriate regions" in response to remarks from former Russian president Dmitry Medvedev about the risk of war between the nuclear-armed adversaries. "In this case, it is obvious that American submarines are already on combat duty. This is an ongoing process, that's the first thing," Kremlin spokesman Dmitry Peskov told reporters. "But in general, of course, we would not want to get involved in such a controversy and would not want to comment on it in any way," he added. "Of course, we believe that everyone should be very, very careful with nuclear rhetoric." The episode comes at a delicate moment, with Trump threatening to impose new sanctions on Russia and buyers of its oil, including India and China, unless President Vladimir Putin agrees by Friday to end the 3-1/2-year war in Ukraine. Putin said last week that peace talks had made some positive progress but that Russia had the momentum in the war, signalling no shift in his position despite the looming deadline. Trump has said he may send his envoy Steve Witkoff to Russia on Wednesday or Thursday. Witkoff has held long conversations with Putin on several previous visits but failed to persuade him to agree to a ceasefire. The Kremlin declined to say if his latest proposed trip was taking place at Moscow's request, and did not say what it hoped might emerge from it. "We are always happy to see Mr Witkoff in Moscow and we are always happy to have contacts with Mr Witkoff. We consider them important, meaningful and very useful," Peskov said. Online spat Trump, who frequently promised to end the war within 24 hours while campaigning for the US presidency last year, has spoken admiringly of Putin in the past but voiced increasing frustration with him of late. Russia has stepped up the ferocity of its bombing attacks on Ukrainian cities, while three brief sessions of direct peace talks in Turkey have yielded no progress beyond exchanges of prisoners and war dead. Some security analysts in both Russia and the West have criticised Trump for escalating an online spat with former president Medvedev - an arch-hawk whose statements are frequently designed to shock and provoke - to the point of publicly discussing US nuclear deployments. Peskov, however, said Russia did not see Trump's statement as marking an escalation in nuclear tension. "We do not believe that we are talking about any escalation now. It is clear that very complex, very sensitive issues are being discussed, which, of course, are perceived very emotionally by many people," he said. Peskov declined to answer directly when asked whether the Kremlin had tried to warn Medvedev to tone down his online statements. "The main thing, of course, is the position of President Putin," he said.