American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin July 26, 2025
July 26, 2025
China proposes global AI body, pushes for Shanghai HQ amid US export controls

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
FacebookTwitterGoogle +Pinterest
previous post
Standard Chartered share price forms giant C&H ahead of earnings
next post
What’s next for Paramount stock after FCC’s approval for Skydance merger?

Related Posts

It was a strong week for retail earnings....

June 2, 2024

Johnson & Johnson to pay $6.5 billion to...

May 8, 2024

Asian stocks jittery on Tuesday: Nikkei slips 450...

January 28, 2025

Asian markets open: Nikkei, Hang Seng dip amid...

April 16, 2025

Crypto.com introduces stock and ETF trading for US...

January 4, 2025

How this small-cap Indian stock surged more than...

January 27, 2025

OpenAI expands to Europe with $2B Norway data...

July 31, 2025

Robinhood launches high-risk margin trading in UK following...

October 21, 2024

Analysis: India’s Russian oil imports driven by quality...

August 6, 2025

Red Lobster closing at least 99 locations as...

May 16, 2024

    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.

    Latest News

    • US tariffs push India away from Russian oil, bolstering Iraq’s position in Asia

      August 10, 2025
    • Under Armour shares tumble 21% as weak demand and $100 million tariff hit darken outlook

      August 10, 2025
    • Trump admin weighs IPO for Fannie Mae and Freddie Mac later this year: report

      August 10, 2025
    • UBS strategist warns market rally may stall in August as US growth slows

      August 10, 2025
    • Decoding US gold bar tariff twist: how customs ruling jolted global bullion markets

      August 10, 2025

    Categories

    • Business (3,675)
    • Investing (2,737)
    • Latest News (2,036)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved