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China's "two sessions" spotlight AI expansion, economic integration plans: expert

China

China

China

China's "two sessions" spotlight AI expansion, economic integration plans: expert

2026-03-06 21:51 Last Updated At:03-07 12:56

Industry insiders say China's recent emphasis on AI development highlights the country's ambitions to compete globally in next-generation technology.

China on Thursday announced plans to advance and expand its "AI Plus" initiative, promote faster application of new-generation intelligent terminals and AI agents, and encourage large-scale commercial use of AI in key sectors.

The announcement was made at China's most important annual political gatherings, the "two sessions", the annual meetings of China's top legislature, the National People’s Congress (NPC), and the top political advisory body, the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), which have gathered thousands of Chinese lawmakers and political advisors in Beijing.

Signs of the AI push are already visible in the private sector. During the country's recent Spring Festival holiday which marked celebrations for the Chinese New Year, major companies distributed traditional red packets -- or lucky money coupons -- through AI-driven apps, a consumer-level case study of how policy is meeting practice.

"These are kind of concrete examples that big tech companies are taking actions to try to engage everyday people with advanced AI," said Winston Ma, author of "The Digital War" and adjunct professor in the global AI-digital economy.

Ma believes that wider adoption of AI among consumers will also generate vast amounts of data, fueling improvements in AI products and services.

"You have more than a billion internet users that are integrated by the same language, same culture, and the same mobile payment. So, every day there is tremendous amount of data accumulated at the digital platforms. So, the next step is to better utilize the data, organize the data, and put the data into work by AI to generate value," he said.

That value is increasingly visible in intelligent products, most notably robots. At the 2026 Consumer Electronics Show (CES) in Las Vegas back in January, Chinese firms dominated the exhibition floor with machines and high-tech robots of every shape and size, performing not only acrobatic displays but also practical tasks that underscored their commercial potential.

"I think one thing that China is doing very well right now is connecting AI to hardware. So, AI to robotics, you can see around here, you see the robot coffee makers, robot cocktail makers, robots are everywhere doing real things, robot vacuums and pool cleaners. So, really using AI to do physical, work in the real world is something that China is doing very well," said Chris Pereira, founder and CEO of the south China-based tech ecosystem company iMpact.

"There will be a huge range of embodied AI. But overall, China has the advantage of the manufacturing process developed here in the "Made in China" expansion the last three decades. Essentially, Chinese manufacturing power can be combined with Chinese open source models to develop a huge industry, relating to industry robots as well as humanoids," Ma said.

Ma noted that this year's "two sessions" could extend the technology agenda "Beyond AI," encompassing quantum computing and biomedicine to lay the groundwork for next-generation industries.

China's "two sessions" spotlight AI expansion, economic integration plans: expert

China's "two sessions" spotlight AI expansion, economic integration plans: expert

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U.S. dollar ticks down

 

The U.S. dollar weakened in late trading on Friday.

The dollar index, which measures the greenback against six major peers, dropped 0.34 percent to 98.982 at 15:00 (2000 GMT).

In late New York trading, the euro rose to 1.1606 dollars from 1.1583 dollars in the previous session, and the British pound added to 1.34 dollars from 1.3328 U.S. dollars in the previous session.

The U.S. dollar bought 157.74 Japanese yen, lower than 157.77 Japanese yen in the previous session. The U.S. dollar decreased to 0.777 Swiss francs from 0.7827 Swiss francs, and it declined to 1.3596 Canadian dollars from 1.3697 Canadian dollars. The U.S. dollar dropped to 9.1855 Swedish Kronor from 9.2657 Swedish Kronor.

U.S. dollar ticks down

U.S. dollar ticks down

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