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The full edition of the report is available at Xinhua Silk Road Database. Click on the button below to create your account and get immediate access to thousands of articles.
Start a Free Trial. It is learned that the WAIC will continue to adopt a hybrid model where offline exhibitions and online displays will take place simultaneously to showcase the latest artificial intelligence AI applications and frontier development.
Chen Mingbo, deputy secretary-general of the Shanghai municipal government, explained the positive impact and significance of the successful hosting of the WAIC this year and put forward work requirements for the next year's WAIC at the preparatory meeting of the WAIC held on Wednesday in Shanghai.
China hosted the first WAIC in Shanghai in , and has since developed it into an influential platform for AI cooperation and exchange, as well as a catalyst to the city's AI industry.
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Reload Send. Send your articles to silkroadweekly xinhua. Tao said the Superchargers would be open to others, "when the time is right.
Article edited by SmokeyShorts, you can follow him on Twitter. Follow EvaFoxU. I'm a big fan of Tesla, as I worry about the future for my child and for future generations.
The two tech giants, Alibaba and Tencent, have mobile-payment platforms that are widely used and trusted.
These are potential launching pads for asset-management businesses. In Ant Group, an offshoot of Alibaba, created a fund for its customers to invest the cash piling up in their Alipay mobile-payment accounts.
Vanguard now has a joint venture with Ant Group to offer investment advice. It signed up , clients in its first days.
The choice of distribution channel hinges on whom Chinese investors will ultimately trust. It is not mostly a matter of technology.
A second uncertainty is how the industry in China will evolve. The bet is that it will become more like America, a market in which mutual funds have the muscle.
But there is no guarantee of this. Or the market for pooled investments might be swiftly captured by index and other kinds of low-cost products.
A third source of uncertainty is policy in China. It is friendly now, but might not always be. That is not the only risk.
The prospect of selling rich-world securities to Chinese investors depends on China allowing capital to flow freely outwards.
It has been loth to do this because it would mean ceding greater control of the yuan to market forces. China may balk at further opening up.
A bigger question lies behind this. Perhaps the trade-and-technology wars will make China inhospitable to American asset managers.
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