China's Tech Explosion

#China’s #tech explosion – Shaoshan Liu from Shenzhen Institute of #AI tells Juliet Mann why it’s a golden age.   #ChinaAgenda #Twosessions

Transcript

00:00And it's a golden era for tech in China right now for several reasons. For the first reason,

00:05the tech infrastructure is ready. Before, I think a few years back, if you talk about tech,

00:11Chinese companies rely on, for example, in mobile computing relies on Android platform,

00:17which is coming from the United States. For other areas, for chip area, you rely on Intel

00:23and media and other chip manufacturers. But if you examine the tech infrastructure today,

00:29for deep learning, we have DeepSeek. Then for chip manufacturing, we have Huawei and other companies.

00:36So it's an independent tech infrastructure. And the second reason is the state is pouring tons

00:44and tons of resources into tech so that as entrepreneurs in the space, it's easier to

00:50secure funding compared to a few years back. And the third reason is that China is opening up from

00:55the two sessions. The central government is sending a very strong message that China is

01:00opening up, whether it's opening up its own market or opening up to explore foreign markets as well.

01:06So combining those three factors, I think it's a golden era for tech in China right now.