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Schneider Electric chairman highlights factors behind China's strength in innovation

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      China

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      Schneider Electric chairman highlights factors behind China's strength in innovation

      2025-03-24 16:54 Last Updated At:17:07

      The chairman of Schneider Electric has underscored China's increasingly pivotal role in driving global innovation, citing a combination of talent, a strong ecosystem, competitiveness, and its large scale as key factors behind the country's success.

      Jean-Pascal Tricoire, chairman and former CEO of the major multinational company, discussed China's strengths in innovation in an interview with China Global Television Network (CGTN) on the sidelines of the two-day China Development Forum which opened in Beijing on Sunday.

      "Half of the engineers in the world today are graduating in China. So that tells a lot about the focus that there is on science, and innovation comes a lot from science. I believe in science, I think science is bringing the right solution for the future. So we start with people and people are so important," he said.

      He further highlighted China's dense network of companies, which fosters a unique, collaborative ecosystem.

      "The second point is ecosystem. You've got such a density of companies who can work together that this density is creating an ecosystem which is difficult to replicate anywhere else," Tricoire said.

      Another driving force behind China's innovation surge lies in the dynamics of its private sector, according to the business leader.

      "Number three, there is competition, we spoke about that before. China is the most competitive of every country in the world. And that creates emulation effort, hard work, which goes into the sense of more innovation," he said.

      "And finally, there is scale. You can test your ideas or your concept on much larger scale than anybody, than in any other place. So all of this makes (me) optimistic about the innovation capability here," he said.

      Under the theme "Unleashing Development Momentum for Stable Growth of Global Economy", the China Development forum has attracted over 100 foreign guests, including 86 official representatives of multinational companies from 21 countries.

      Schneider Electric chairman highlights factors behind China's strength in innovation

      Schneider Electric chairman highlights factors behind China's strength in innovation

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      Global AI governance cannot happen without China: American columnist

      2025-03-27 05:02 Last Updated At:08:17

      It's impossible to build a system of governance that ensures artificial intelligence (AI) systems always operate and police themselves in alignment with both human and machine well-being without the participation of China, American columnist Thomas L. Friedman said in an article on Tuesday.

      Friedman, a three-time Pulitzer Prize winner and the author of "The World Is Flat: A Brief History of the Twenty-First Century," attended the China Development Forum 2025 held on March 23 and 24 in Beijing.

      Based on what he saw and heard during the event, Friedman published an article in the New York Times titled "What I'm Hearing in China This Week About Our Shared Future" on Tuesday.

      "There is an earthshaking event coming — the birth of artificial general intelligence (AGI). The United States and China are the two superpowers closing in on AGI — systems that will be as smart or smarter than the smartest human and able to learn and act on their own," the article reads.

      Friedman cited an M.I.T. Technology Review report on the "16 humanoid robots" that danced on stage during China's televised Spring Festival gala this year which read: "Clad in vibrant floral print jackets, they took part in a signature ... dance, twirling red handkerchiefs in unison with human dancers."

      Friedman wrote in his column that "In their day job, these robots work assembling electric vehicles. Dancing was just their hobby."

      "The advances that China has made on AI in just the past year have made it absolutely clear that Beijing and Washington are now the world's two AI superpowers," Friedman wrote.

      He mentioned a recent report by Morgan Stanley describing China's dominance over the West in the humanoid robot industry, saying the country is home to a majority of the top-listed companies in this sector.

      Noting AI systems and humanoid robots offer so much potential benefit to humanity, Friedman warned they could also be hugely destructive and destabilizing if not embedded with the right values and controls.

      He repeatedly stressed the importance of collaboration between the U.S. and China in AI.

      "Because what Soviet-American nuclear arms control was to world stability since the 1970s, U.S.-Chinese AI collaboration to make sure we effectively control these rapidly advancing AI systems will be for the stability of tomorrow's world," Friedman wrote.

      "China has greatly narrowed the gap with us and surpassed the other democracies. This can't be done without Beijing. So guess who's coming to dinner. It's a table for two now," he said.

      Friedman wrote in the article that "Once AGI arrives, if we are not assured that these systems will be embedded with common trust standards, the United States and China will not be able to do anything together."

      He pointed out that in this case, neither side will trust anything they trade with the other, because AI will be in everything that is digital and connected, including cars, watches, toasters, chairs, implants, and notepads.

      "So if there is no trust between the U.S. and China and each of the two countries has their own AI systems, it will be the TikTok problem on steroids. A lot of trade will just grind to a halt, with only soybeans for soy sauce sold to each other," Friedman wrote, saying "It will be a world of high-tech feudalism."

      Friedman said he was taken with a speech by Israeli historian Yuval Noah Harari during the conference, who said that "We should build more trust between humans before we develop truly superintelligent AI agents. But we are now doing exactly the opposite. All over the world, trust between humans is collapsing. Too many countries think that to be strong is to trust no one and be completely separated from others. If we forget our shared human legacies and lose trust with everyone outside us, that will leave us easy prey for an out-of-control AI."

      Global AI governance cannot happen without China: American columnist

      Global AI governance cannot happen without China: American columnist

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