Chinese President Xi Jinping has raised two questions about the rush of investment in the AI and EV industries. As China’s corruption is increasing and Trump’s trade war is growing with China, the world’s second -largest economy is turning to the rapidly -growing tech industries to stay competitive.
But XI thinks that the strategy is poor. As reported Financial timesThe president of China sent an important message about more investment at a two -day central urban work conference in Beijing.
“When it comes to plans, there are some things,” he said in a speech. Artificial intelligence, computing power and new energy vehicles. ” Daily of peopleThe official newspaper of the Communist Party. “Do all the provinces of the country have to develop industries in these directions?”
Financial times Reports that XI criticized officials who encourage hasty growth but do not roam to face the consequences. “We should not only pay attention to how much the GDP has increased and how many big plans have been made, but also how much debt is owed,” XI told the conference participants. “We should not let some people pass the deer and the future generations should not quit problems.”
Although for now, there is no suggestion that China is turning its attention from the fields that are directly referring to XI. This week, NVIDIA was allowed by the US government to resume selling its AI chips to China, the company has allegedly placed $ 8 billion worth of extraordinary orders. Initially, it was prevented from selling H20 AI GPU to China, which could help the nation’s military.
China is a global leader of the EV industry, and the country is also competing in the robotics race. This week, it was announced that Uber Bedu was in partnership with thousands of Chinese company Apollo Goo to bring autonomous vehicles to the Uber network in the mainland China and other non -US markets.
