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China needs to take multifaceted approach to promoting the development of lightweight AI while mitigating risks
It marks the dawn of a new era known as “lightweight AI,” where AI is accessible and affordable to everyone, and it holds the potential to reshape the global AI industry ecosystem
China highlights private sector’s role in innovation-driven growth
Chinese entrepreneurs are now much better positioned to face the challenges. Over the past year, private enterprises spearheaded pivotal breakthroughs in several industries
Curbing rat race competition among China’s top priorities in 2025
In the long term, these practices not only hinder innovation and sound economic growth, but also undermine the well-being of people
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China vows a ‘more proactive’ approach to economic policies in 2025
China will undertake a “more proactive” fiscal policy and a “moderately loose” monetary policy. This marks a significant shift
China takes a more proactive approach to local government debt
In this way, by 2028, the total amount of hidden debt can be reduced to just 2.3 trillion yuan (US$320b), or about 16 percent of its current level
China needs a more targeted strategy to battle unemployment
Universities are encouraged to expand enrollment in the sciences, engineering, agriculture and medical programs, fields that are deemed more useful for the development of new quality productive forces