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China side event at Paris AI Summit explores potential of int'l cooperation

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China side event at Paris AI Summit explores potential of int'l cooperation

2025-02-12 16:36 Last Updated At:17:07

As part of the international Artificial Intelligence (AI) Action Summit in Paris, a China side event was held on Tuesday, bringing together leading AI experts from across the world to exchange views on global AI cooperation.

The event attracted over 60 experts, with more than 150 participants in total. Distinguished scholars from top universities, research institutions, and think tanks engaged in in-depth discussions on how to boost international collaboration in AI governance.

Duncan Cass-Beggs, executive director of the Global AI Risks Initiative at the Center for International Governance Innovation (CIGI), highlighted the great potential and risks caused by the fast development of AI. "It may come a time where, in fact, I think we're headed towards this scenario right now quite quickly, where it's possible to create systems that are extremely capable, potentially far beyond general human abilities, but where we still don't know how to control those systems," said Cass-Beggs.

He underscored the importance of international cooperation in tackling these challenges and expressed hope that, through collective efforts, effective AI governance mechanisms, processes, or institutions could be developed. However, he stressed that such a milestone would require the world's best talents, many of whom, he believes, will come from China.

The AI Action Summit, which took place from Monday to Tuesday in Paris, drew representatives from nearly 100 countries and over 1,000 stakeholders from the private sector and civil society.

During the two-day summit, heads of state and government and high-level representatives from more than 30 countries, along with leaders of international organizations, jointly signed a Statement on Inclusive and Sustainable Artificial Intelligence for People and the Planet.

China side event at Paris AI Summit explores potential of int'l cooperation

China side event at Paris AI Summit explores potential of int'l cooperation

China's external debt remained generally stable, with outstanding external debt reaching nearly 2.33 trillion U.S. dollars at the end of last year, official data showed on Friday.

This figure was down 15.5 billion dollars, or 0.7 percent, from the end of 2024, according to data released by the State Administration of Foreign Exchange.

China's external debt currency structure had improved in 2025, while the maturity structure remained basically stable, said Li Bin, deputy head and spokesperson of the administration.

At the end of 2025, local currency-denominated external debt had accounted for 55.5 percent of the total, up 1.4 percentage points from the end of 2024, said Li.

In terms of maturity structure, medium- and long-term external debt accounted for 43.5 percent of the total at the end of 2025, down 0.6 percentage points from the end of 2024, Li noted.

Data also revealed that at the end of last year, China's ratio of outstanding external debt to gross domestic product had stood at 11.9 percent, while the ratio of outstanding external debt to export revenue was 56.3 percent.

These indicators remained within internationally recognized safety thresholds, and China's external debt risks are generally controllable, Li explained.

China reports generally stable external debt in 2025

China reports generally stable external debt in 2025

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