Beijing has appointed Yuan Gujie, a senior Guangdong official with a legal background, as a deputy director of its liaison office in Hong Kong, succeeding Liu Guangyuan.
Beijing reiterated its welcome for foreign investment during a meeting on Monday, as reported by Xinhua News Agency. This comes after a US business delegation visited Beijing, with an analyst suggesting the US may be easing its tariff and tech decoupling strategies.
China is building a "national computing network" to treat AI infrastructure as a public utility. Tokens, the units processed by AI, are likened to mobile data, with daily calls exceeding 140 trillion in March. This initiative is part of Beijing's "six networks" plan, with expected investment over 7 trillion yuan this year.
