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China's Xi lauds AI progress, meets BRICs bank on Shanghai visit
BEIJING, April 29 (Reuters) - China's President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported. Xi said that Shanghai, China's
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China's Xi Pushes AI and 'Global South' Opportunity Amid US Trade War
BEIJING (Reuters) -Chinese President Xi Jinping used a visit to Shanghai on Tuesday to push for breakthroughs in artificial intelligence and underscore China's leading role in the "Global South". Although Xi did not reference the trade war started by U.S. President Donald Trump during his visit,
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China's Xi lauds AI progress, meets BRICs bank on Shanghai visit
BEIJING (Reuters) -China's President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported. Xi said that Shanghai, China's main
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Chinese President Xi Jinping's visit to Shanghai emphasizes AI innovation and China's role in the Global South, amid ongoing trade tensions with the US.

Chinese President Xi Jinping made his first visit to Shanghai since November 2023, focusing on artificial intelligence (AI) development and China's role in the Global South. The visit comes at a crucial time as China navigates trade tensions with the United States and seeks to establish itself as a leader in emerging technologies
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.During his visit, Xi urged Shanghai to accelerate its transformation into a global technological and innovation hub. He emphasized the importance of being at the forefront of AI development and governance, highlighting China's commitment to advancing in this critical field
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.Xi visited an incubation lab for AI startups, where he tried on a set of smart glasses, demonstrating his hands-on approach to understanding new technologies. He called for expanded exploration of AI models and the implementation of supportive policies to foster growth in the AI sector
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.A significant part of Xi's visit was dedicated to reinforcing China's position as a leader of the Global South. He visited the Shanghai-based New Development Bank (NDB), a multilateral lender of BRICS member nations, where he met with its president, former Brazilian President Dilma Rousseff
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.Xi expressed China's readiness to strengthen project cooperation with the NDB and share development experiences with other member countries. He emphasized that the collective rise of the Global South has become an important force in safeguarding world peace
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While Xi did not directly reference the ongoing trade war with the United States, experts view his Shanghai visit as a strategic move. Alfred Wu, a China expert at the National University of Singapore, described it as "a show of strength"
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.The visit underscores China's determination to develop its own leading technologies and explore alternative markets, particularly in the Global South. This approach aligns with China's efforts to offer an alternative to the US-dominated global order
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.Xi's directives to Shanghai highlight the city's crucial role in China's technological aspirations. As China's main international financial hub, Shanghai is being positioned to lead in AI development and governance, potentially rivaling other global tech centers
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.The president's visit and his emphasis on AI and innovation come in the wake of recent successes by Chinese AI companies, such as DeepSeek, further motivating the push for technological advancement
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