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China announces high-tech fund to grow AI, emerging industries

China's People's Bank of China announced a new high-tech fund to support artificial intelligence and other emerging industries, according to Pan Gongsheng, the governor of the PBOC.
The PBOC will launch a dedicated 'Tech Board' in the bond market to assist financial institutions, tech enterprises, and private equity firms with technology innovation bonds.
The refinancing quota for technology innovation and industrial upgrades will be expanded from 500 billion yuan to between 800 billion and 1 trillion yuan to support corporate financing needs, as stated by Pan Gongsheng.
China encourages international investment in its technology sector and opposes unfair investment barriers, as emphasized by Pan Gongsheng.

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Hindustan Times

Beijing schools plan to teach AI courses to primary and secondary students

The AI courses will either be taught separately or be integrated with existing curriculum.

11 hours ago·New Delhi, India

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Modern Diplomacy

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China-based DeepSeek AI Robotics was founded in 2023, but until January 24, 2025, almost no one had heard of it. Then, almost overnight, DeepSec became the hottest topic of discussion in the world of artificial intelligence. This raises a big question for American investors and tech companies: Why are American companies spending billions of dollars […] The post The rapid rise of the DeepSeek in China and emerging industries appeared first on Mod…

13 hours ago

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South China Morning Post

At this year’s ‘two sessions’ in Beijing, AI seems to be on everyone’s lips

The emerging technology has dominated talking points and media coverage of the annual political event.

19 hours ago·Hong Kong

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Wired

China's January 20 and the 40 days since the triumph of the Dragon AI

Seen from Beijing, the first months of 2025 are a race to the limelight on the tech scene. To relaunch economic growth and have greater global influence

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Channel News Asia

Wukong, Ne Zha, DeepSeek: China says external ‘suppression’ accelerates innovation

Tech and innovation take centre stage at the Two Sessions economic briefing in Beijing, as China outlines steps to grow its economy amid grim global landscape.

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