China's annual summer retreat signals its AI ambitions

Per Semafor, China's leadership has convened dozens of scientists and technologists at its annual summer retreat to accelerate AI development. The country is working to control its entire AI supply chain—including developing advanced lithography machines—to eliminate bottlenecks and achieve 'self-reliance and strength in science and technology' by twenty thirty. This push comes amid economic headwinds: second-quarter GDP grew four point three percent year-on-year, falling short of Beijing's four point five to five percent target. Leaders are expected to draft plans for greater fiscal support.

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