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Chinese Tech Giants
Chinese President Xi Jinping on Wednesday hailed his country's technological progress in areas such as artificial intelligence and semiconductors while once again insisting his country would annex self-ruled Taiwan. During his New Year's Eve address broadcast Wednesday evening by state media, Xi praised the country's advancements in key sectors including military tech and space exploration. Images ranging from humanoid robots performing kung fu to new hydropower projects rolled on the screen as he spoke. We sought to energize high-quality development through innovation, Xi said while thanking Chinese people for contributing to the country's economic growth over the past five years. China plans its economic development over periods of five years and is preparing to discuss its new five-year plan at the upcoming legislative session in March. The country is set to speed up self-reliance in science and technology as the United States imposes increasingly tight controls on access to ...
The world community must work towards converting the monopoly in technology into mass usage to lay the foundation of an inclusive society and help eliminate social inequalities, Prime Minister Narendra Modi said on Friday. In an address at the Outreach session of the summit of G7 advanced economies at Italy's Apulia region, Modi also said India will work with all countries to make Artificial Intelligence transparent, fair, secure, accessible and responsible. The prime minister said India's approach in the field of energy is based on four principles -- availability, accessibility, affordability and acceptability. Highlighting the challenges facing the countries of the Global South, Modi said they are bearing the brunt of uncertainties and tensions around the world. "India has considered it its responsibility to place the priorities and concerns of the countries of the Global South on the world stage. We have given high priority to Africa in these efforts," he said. "We are proud th
The government is considering further streamlining of processes for timely approval of visas for Chinese professionals and technicians whose expertise is required by the Indian industry to set up manufacturing capacity, a senior official said. Certain Indian industry players have approached the government stating that they are facing problems in getting visas for Chinese professionals whose expertise is required for things like setting up machines in factories. The government has recently put in place a standard operating procedure (SOP) for streamlining visa approvals for Chinese technicians whose expertise is required by vendors under the PLI (Production Linked Incentive) scheme. "Now we may be liberalising it for others. That process is on and a Cabinet note is under preparation. Within the existing system, there is an SOP now to expedite visas for Chinese who are to come in to help set up manufacturing capacity in India. We have already streamlined it quite a bit, now we are ...