Beijing plans to increase its intelligent computing power to over 130,000 petaflops by late 2026 and implement new policies for its "token economy," accelerating AI adoption to compete with the US in the tech race.
Amid a high-stakes global tech race, Chinese President Xi Jinping has called for greater efforts to boost the country’s basic research and innovation capabilities by expanding its talent pool and fostering a culture of tolerance. “Basic research is the source of the entire scientific system and the main switch for all technical challenges,” Xi said at a symposium on strengthening the country’s basic research in Shanghai on Thursday. Xi argued that global tech rivalries were increasingly pivoting...
