BEIJING (Reuters) -China’s President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November 2023, state news agency Xinhua reported.
Xi said that Shanghai, China’s main international financial hub, should strive to be at the forefront of artificial intelligence (AI) development and governance, the report added.
The Shanghai visit comes at a time when the trade war with the United States has raised the stakes for global economic growth, and as China pushes forward with AI development in the wake of DeepSeek.
Xi urged the city to expand its exploration of AI models and said more supportive policies for the technology should be rolled out, as he visited an incubation lab for AI startups and tried on a set of smart glasses, the report said.
The Chinese president also visited the Shanghai-based New Development Bank, a multilateral bank of BRICS member nations, and met its president, former Brazilian President Dilma Rousseff, Xinhua said.
(Reporting by Beijing newsroom; Editing by Jacqueline Wong and Kate Mayberry)
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