
Chinese Premier Li Qiang takes aim at AI ‘monopoly' as U.S. effort quickens
Artificial intelligence harbors risks from widespread job losses to economic upheaval that require nations to work together to address, Premier Li Qiang told the World Artificial Intelligence Conference in Shanghai on Saturday. That means more international exchanges, Beijing's No. 2 official said during China's most important annual technology summit.
Li didn't name any countries in his short address to kick off the event. But Chinese executives and officials have taken aim at Washington's efforts to curtail the Asian country's tech sector, including by slapping restrictions on the export of Nvidia chips crucial to AI development. On Saturday, Li acknowledged a shortage of semiconductors was a major bottleneck, but reaffirmed President Xi Jinping's call to establish policies to propel Beijing's ambitions. The government will now help create a body — loosely translated as the World AI Cooperation Organization — through which countries can share insights and talent.
"Currently, key resources and capabilities are concentrated in a few countries and a few enterprises. If we engage in technological monopoly, controls and restrictions, AI will become an exclusive game for a small number of countries and enterprises,' Li told hundreds of delegates huddled at the conference venue on the banks of Shanghai's iconic Huangpu River.
China and the U.S. are locked in a race to develop a technology with the potential to turbocharge economies and — over the long run — tip the balance of geopolitical power. This week, U.S. President Donald Trump signed executive orders to loosen regulations and expand energy supplies for data centers — a call to arms to ensure companies like OpenAI and Google help safeguard America's lead in the post-ChatGPT era.
At the same time, the breakout success of DeepSeek has inspired Chinese tech leaders and startups to accelerate research and roll out products such as open-sourced models, robots and AI agents.
That parade of technology represents Chinese developers' efforts to set world standards and benchmarks, and grab a bigger slice of the global market. They also dovetail with Beijing's broader efforts to ensure self-reliance on critical technologies in the face of tensions between the world's economic superpowers.
The weekend conference in Shanghai — gathering star founders, Beijing officials and deep-pocketed financiers by the thousands — is designed to catalyze that movement. The event, which has featured Elon Musk and Jack Ma in years past, was launched in 2018 to showcase China's cutting-edge technology.
This year's attendance may hit a record because it's taking place at a critical juncture in the global race to lead the development of generative AI. It's already drawn some notable figures: Nobel Prize laureate Geoffrey Hinton and former Google chief Eric Schmidt were among industry heavyweights who met Shanghai party boss Chen Jining on Thursday, before they were due to speak at the conference.
Going forward, China will in particular seek to propel AI development in the Global South, Li said, referring to a loose gathering that includes Brazil and Africa.
"We are willing to share our development experience and technological products to help countries around the world, especially those in the Global South, strengthen their capacity-building and bring the benefit of AI to the world,' he said.
Hashtags

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


Japan Today
an hour ago
- Japan Today
China opposes Czech president's visit to Dalai Lama
FILE PHOTO: Tibetan spiritual leader, the 14th Dalai Lama, is served food on his 90th birthday celebration at the Tsuglagkhang, also known as the Dalai Lama Temple complex, in the northern town of Dharamshala, India, July 6, 2025. REUTERS/Anushree Fadnavis/File Photo By Farah Master China said it "resolutely opposed" Czech President Petr Pavel's meeting in India with Tibetan spiritual leader the Dalai Lama, and urged the Czech side to "abide by its one-China political commitment" and maintain healthy and stable relations. China's embassy in the Czech Republic posted the notice late on Sunday and said China firmly opposes any form of contact between officials of any country and the Dalai "clique". Pavel met with the Dalai Lama on July 27, it said. "China urges the Czech side to abide by its one-China political commitment, take immediate and effective measures to eliminate the bad influence," the statement said. It added that the Czech side should stop sending "any wrong signals to 'Tibetan independence' separatist forces." The Dalai Lama has been living in exile in India since 1959 following a failed uprising against Chinese rule in Tibet, and Indian foreign relations experts say his presence gives New Delhi leverage against China. India is also home to about 70,000 Tibetans and a Tibetan government-in-exile. © (c) Copyright Thomson Reuters 2025.


NHK
an hour ago
- NHK
Bank of Japan expected to stand pat on interest rates
The Bank of Japan is expected to leave its short-term interest rate unchanged at a two-day policy meeting that ends on Thursday. Analysts say the central bank is likely to remain cautious following the trade deal with the US and as consumer prices remain stubbornly high. The BOJ has stood pat on its policy rate for three consecutive meetings since March. This was amid uncertainties surrounding Japan-US tariff talks. BOJ Deputy Governor Uchida Shinichi said the trade agreement announced last week by Tokyo and Washington may help ease some of those concerns. But he added that the hard data is not yet available to measure how the deal will affect the Japanese and other economies. BOJ officials agree that more time is needed to gauge the real impact of the tariff agreement on corporate profits and personal consumption. In the meeting this week, the BOJ will also give its economic outlook through fiscal 2027. The bank has indicated it will consider raising interest rates if the economy and prices move in line with forecasts.


Japan Times
an hour ago
- Japan Times
Toyota's internal inertia stifles digital transformation effort
Inside Toyota, a group of employees are worried about the company's future in an era when a car's software matters just as much as its sheet metal. The world's biggest automaker is known for churning out reliable cars like clockwork, but it's been struggling to keep up with Elon Musk's Tesla, China's BYD and other front-runners in the industry's shift toward electric vehicles (EVs) with sophisticated software. A somewhat obscure Toyota business unit called the Digital Transformation Promotion Department aims to change that. Established four years ago at the behest of then-Chief Executive Officer and now Chairman Akio Toyoda, the little known group's mandate is to bring the carmaker up to speed by modernizing it from within. The division's rank-and-file members are drawn from a wide cross-section of the corporate flow chart — everyone from R&D technicians to blue collar mechanics on factory floors. They all share a broad vision to introduce a more digitized future to a company with a stubbornly analog culture. While they've managed to foster some changes, Toyota's core competency remains very much in hardware — with one foot in the world of EVs and its other planted in gas-powered cars. That cautious approach has been key to the Japanese automaker's success so far. Yet it's also a source of frustration for some inside and outside the company who are pushing for quicker progress. "Toyota sees the importance of software, but it's still slow,' said Kani Munidasa, chief executive officer of Code Crysalis, a Tokyo-based startup that's working with Toyota to put workers through Silicon Valley-style coding boot camps. Lukewarm commitment Some advocates for a software-led rethink at Toyota have grown disillusioned by what they see as a lukewarm commitment to reform from within, according to people familiar with the matter. They point to a recent decision to fold the Digital Transformation Promotion Department into a larger business unit, threatening to short-circuit its mission as a change agent. The division, which previously reported directly to Chief Executive Officer Koji Sato, was absorbed by the Digital Information and Communication Group "to accelerate the internal promotion of digital transformation,' Toyota said in a statement. "We aim to create new value and transform business by accelerating collaboration among the various infrastructures and the use of AI,' it said. In some ways a similar fate befell Toyota's effort to create a digitally focused, quasi-independent subsidiary called Woven. Despite bold ambitions to usher in a "software-first' approach to car manufacturing, in the end Woven was quietly folded back into the corporate mothership in September 2023 after its American executive departed and its portfolio was downsized. Toyota CEO Koji Sato | Bloomberg While Toyota's software team isn't directly involved in the development of the cars it sells, they've undertaken a number of projects focused on the company itself. That includes creating a database to keep track of the company's fleet of test cars, overhauling a system employees use to apply for time off, replacing white boards with touch screens on factory floors and deploying robots to deliver medicine inside Toyota's 527-bed company hospital in Aichi Prefecture, according to people familiar with the matter. Another project involved extending access for remote workers to computer assisted design software using a virtual desktop infrastructure in partnership with Nvidia. "Moving forward, our plan is to roll out similar systems not only to Toyota Motor but also to Toyota group companies,' Masanobu Takahisa, a Digital Transformation project general manager, was quoted as saying in a 2021 press release about the campaign. Those efforts might not be transformative, but they're notable in a company where scissors are banned in the office out of an abundance of safety-minded precaution, and erasable billboards are still used to keep employees informed at factories. Looming 'digital cliff' Toyota isn't unique among Japanese companies. While the country dominates in some high-tech fields such as industrial robots, its business culture is known for clinging to fax machines and other bygone technologies. The government in Tokyo has warned about failing to surmount what it terms a "digital cliff' separating Japan from other advanced economies. In March 2021, sitting across from union members during the final round of annual wage negotiations, Toyoda, scion of the founding family and then CEO, said he wanted to break down internal information silos and put the automaker's digital innovation on par with top global companies within three years. "Inside Toyota, it's still the case that only people 'in the know' are considered valuable, and that knowledge only belongs to a small group,' he said. "By moving forward with our digital transformation, we can rid ourselves of that inequity and build an environment where it's easier for everyone to focus on their work.' The carmaker based in Toyota, Aichi Prefecture, hatched the Digital Transformation division to heed that call with a team of innovative minds looking to break down antiquated systems and practices. The idea was that, if all went well, that reform agenda would rub off on other parts of the company, boosting resiliency and productivity. But the progress has been piecemeal and the division is far from achieving its long-term goals, the people familiar with the matter said. Former employees who spoke anonymously described a workplace bound by conformity, with a paternalistic bureaucracy that values harmony over new ideas. One ex-employee joined Toyota because they were interested in autonomous driving, but instead felt trapped for several years doing quality control on mundane electronic parts. Toyota's global success — its record as the world's biggest automaker for five consecutive years and its status as Japan's biggest and most important company — has arguably created a self-enforcing inertia. Talk among employees of transferring or quitting usually triggered the same reaction: Why would anyone want to leave? It's not the only legacy carmaker struggling to adapt to modern technology. Volkswagen's Cariad software unit has been downsized following glitches and delays, while Ford recently downgraded its next-generation advanced software project known as FNV4 by merging it with an existing architecture platform. That speaks to a larger issue involving the industry's ability to innovate fast enough to compete with the likes of Tesla and China's Xiaomi as well as Big Tech, which has moved aggressively into automotive dashboards with popular features such as Apple's CarPlay and Alphabet's Google Android operating system. Reinvention won't come easy for established automakers, said John Murphy, a senior automotive analyst at Bank of America. "It goes into structures, platforms, technology — sort of the whole integrated operating system of a vehicle, I think, needs to be done differently,' he said. "It's an uphill battle.'