The security guard observes during the opening session of the National People's Congress (NPC) in the Great Hall of the People in Beijing on March 5, 2025.
Wang Zhao AFP Getty images
Beijing – Underkruntka China Annual parliamentary meetings this week This is commercial tensions in the USA – and how Chinese technology will balance this pressure.
This year, a large extent ceremonial meeting of delegates in Beijing took place when US President Donald Trump turned to Congress and imposed new tariffs on Chinese goods. This is a clear abandonment of exports, while Chinese companies were dealing only with more difficult restrictions on access to high -class semiconductors and other advanced technologies.
“On the international arena … an increasingly complex and strict external environment can exert more influence on China in areas such as trade, science and technology,” said Chinese Prime Minister Li Qiang in his annual report on government work during the opening ceremony of the National People's Congress on Wednesday, according to the official English translation of the Chinese.
It was an extremely gloomy rating among at least seven parliamentary meetings in which I participated. But I also sensed a greater desire to support the private sector than in the past – especially in relation to technological innovations, for example at the Chinese company AI Deepseek.
“We will promote the healthy and well -regulated development of the platform's economy and provide a better game in its role in the inspiration of innovation, expanding consumption and stabilizing employment,” said Li in a job report.
This meant the latest signal that Beijing now wants to support the private sector after taking a more restrictive attitude and imposing large fines on Alibaba and Tencent technological giants, often called “platform companies” in China. Many companies and industries in China were historically dominated by the state.
The last growth of Deepseek Many international investors have been demonstrated – who were cautious about slowing down – how the Chinese company could compete with the US on artificial intelligence, regardless of the sanction of the White House.
Beijing quickly confirmed the success of the startup. Liang Wenfeng from Deepseek participated in a meeting with the Prime Minister Li in January and a symposium with the Chinese president XI Jinping in February.
And to counteract protectionism?
While Deepseek did not receive a specific mention in the report on government work, a member of a team who developed a named report – and applications such as Kling Ai Kuaishou for video generation – during a conversation on Wednesday with a press with the rapid development of AI in China.
“Historically, technological progress is often an important force to break the barriers and protectionism,” said Chen Changsheng, who is also the deputy director of the State Council Research Office in Mandarin by CNBC.
“We are looking forward to how under the current international background AI will become a positive energy of promoting cooperation and multilateralism,” he said.
Hong Kong, China – January 28: In this photographic illustration, the Deepseek applications are visible on the phone in front of the China flag on January 28, 2025 in Hong Kong, China.
Anthony Kwan Getty Images News Getty images
“Tech” received another mention in this year's report compared to last year, and “reforms” received 10 more references, in accordance with Chinese -language versions. Technology's self -proclaimedness also received its own subsection in the latest work report in China, unlike a breakthrough in 2024.
New law
The Chinese legislator discusses the new law supporting the private sector. Beijing said that he would be introduced as soon as possible after further discussions and changes.
This year, politics will probably be driven more from below, not from top to bottom, said Ding Wenjie, an investment strategist for a global capital investment in China Asset Management Co., according to the translation of its comments in CNBC.
He expects AI growth and leading technology to stimulate the development of other industries, but warns that it will probably take more than one or two -quarters to see the results.
Chinese parliamentary meetings officially ended at the beginning of next week. In the coming days, more official comments on the technology and the right of the private sector are expected.
Prime Minister Li said that among the most important priorities for the coming year, he supports the “extensive use of large AI models”. Beijing plans to increase funds for bioman production, quantum technology, robotics related to AI and 6G technology.
The specific goals for the industry appear when China is trying to increase consumer expenditure, minimize the sequence of real estate and move with trade tensions from the USA
“The policy in China is to accelerate the adoption of AI and autonomous driving, while making debt in housing restructuring and (local financial vehicles),” said on Wednesday, chief economist Morgan Stanley, China Economist and a team in the note. They noticed that “the fiscal package came as expected: (2 billion yuan (280 billion dollars)) with mild support in the field of consumption.”
Chinese official comments during the meeting this week point to preferences for Open Source models.
Chen in a working report by developing a team against “excessive” use of private AI projects that could divide the market, and instead called for “large -scale applications”.
China will also work on increasing computing abilities and developing the “Open Source model system”, said the Economic Planning Agency, called the National Development and Reform Commission, said in her set for the coming year.