• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

China proposes global AI body, pushes for Shanghai HQ amid US export controls

by July 26, 2025
by July 26, 2025

According to a Reuter’s report, China has intensified its bid to shape the future of artificial intelligence by proposing a new global organisation for AI governance, as geopolitical rivalry with the United States sharpens.

At the World Artificial Intelligence Conference (WAIC) in Shanghai, which began Saturday, Chinese officials called for collective international regulation of AI technologies, while offering to share the country’s advances—particularly with developing economies in the Global South.

The three-day event attracted over 800 firms and thousands of experts, with China positioning itself as a counterbalance to US-led initiatives.

While avoiding direct references to the United States, Chinese Premier Li Qiang warned against the monopolisation of AI by a select few countries and companies.

Beijing’s message focused on openness, equal access, and global participation, contrasting sharply with ongoing Western export restrictions.

Governance plan invites 30+ nations

Vice Foreign Minister Ma Zhaoxu told delegates from more than 30 countries—including Germany, Qatar, Russia, and South Korea—that China was considering establishing the AI body’s headquarters in Shanghai.

He said the proposed organisation would encourage international collaboration on AI development, standard-setting, and open-source exchange.

As part of this push, the Chinese foreign ministry released a comprehensive action plan on global AI governance. The plan invites participation from governments, research institutions, businesses, and international organisations.

It also proposes building a cross-border open-source community for AI systems, signalling China’s intent to play a larger role in shaping international AI norms.

China pushes global AI body at WAIC

The WAIC conference came just days after the Trump administration in the US released its own AI blueprint. The plan aims to scale up American AI exports to allied nations, underlining Washington’s commitment to retaining technological superiority over China in this critical field.

The AI race is already shaped by aggressive export controls. Washington has barred Chinese access to high-end AI chips and advanced chipmaking equipment, particularly those produced by companies like Nvidia.

These restrictions are intended to curb China’s military applications of AI and have significantly slowed the supply of top-tier hardware to the country.

Still, Chinese firms have continued to make domestic breakthroughs. Several of these developments have triggered scrutiny from US authorities, who remain wary of China’s AI capabilities and its global influence.

800+ firms showcase AI in Shanghai

Despite trade restrictions and geopolitical friction, the WAIC 2025 conference saw participation from over 800 companies, with more than 3,000 AI-focused products and 60 intelligent robots on display.

The event showcased 40 large language models and 50 AI-powered devices, with a heavy presence from Chinese firms like Huawei, Alibaba, and humanoid robot maker Unitree.

International players also had a presence. Tesla, Alphabet, and Amazon took part in exhibitions, though Elon Musk did not make his customary appearance at the opening ceremony this year.

In contrast, attendees included France’s AI envoy Anne Bouverot, renowned computer scientist Geoffrey Hinton, and former Google CEO Eric Schmidt.

While the exhibition floor remained largely China-centric, the tone of the conference aimed at internationalism, with China asserting its role as a potential leader of AI governance.

Fragmented global rules prompt call for unified AI regulation

Premier Li emphasised that the global AI landscape remains fragmented, with regulatory frameworks diverging significantly across jurisdictions. He pointed to ongoing challenges such as AI chip shortages and restricted talent exchange as barriers to fair development.

China’s call to create a consensus-based AI governance framework comes amid growing concerns about how to balance innovation with safety, especially in regions where surveillance, misinformation, and ethical concerns are mounting.

The Global South, in particular, stands to benefit from shared access to AI tools—something China says it is prepared to facilitate.

The post China proposes global AI body, pushes for Shanghai HQ amid US export controls appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
SCOOP: Key GOP group starts work on 2nd ‘big, beautiful bill’ for Trump
next post
What’s next for Paramount stock after FCC’s approval for Skydance merger?

Related Posts

Tariffs vs AI: what will determine Walmart stock...

August 17, 2025

Trump-Putin meeting ends with secret ‘sticking points’ and...

August 17, 2025

Air Canada strike grounds majority of flights, over...

August 17, 2025

Kothari says Chinese AI stocks are better options...

August 17, 2025

Gemini selects Goldmans, Citi and other major banks...

August 17, 2025

Top VOO ETF stocks to watch: PANW, HD,...

August 17, 2025

The bullish case for the Dow Jones Index

August 17, 2025

Top catalysts for DAX Index and best stocks...

August 17, 2025

Circle stock price analysis: can CRCL crash to...

August 17, 2025

Satoshi Nakamoto’s Bitcoin fortune climbs to $130.7 billion,...

August 16, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Tariffs vs AI: what will determine Walmart stock price trajectory after Q2 earnings?

    August 17, 2025
  • Trump-Putin meeting ends with secret ‘sticking points’ and a warning to Ukraine

    August 17, 2025
  • Air Canada strike grounds majority of flights, over 100K passengers stranded

    August 17, 2025
  • Kothari says Chinese AI stocks are better options than US AI stocks: here’s why

    August 17, 2025
  • Gemini selects Goldmans, Citi and other major banks for IPO leadership

    August 17, 2025
  • Top VOO ETF stocks to watch: PANW, HD, WMT, LOW,UNH,INTU

    August 17, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025

Categories

  • Economy (2,219)
  • Editor's Pick (213)
  • Investing (185)
  • Stock (1,501)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Japan’s passport ranks No. 2 globally, yet...

February 22, 2025

BP share price continues to underperform: is...

April 3, 2025

From $824 to over $1,300: how soaring...

July 27, 2025