DeepSeek, a Chinese artificial intelligence (AI) company, is at the forefront of technological innovation, demonstrating how China can compete with the United States in the AI domain. Recently mentioned in the government work report, DeepSeek has caught the attention of international investors as an emblem of China's burgeoning tech capabilities. The company's rise not only highlights its cutting-edge technology but also serves as a testament to Beijing's commitment to supporting the private sector amidst ongoing trade tensions with the U.S.
Liang Wenfeng, a notable figure from DeepSeek, has become a central figure in these developments. In January, he attended a meeting with Premier Li Qiang, and in February, he participated in a symposium with Chinese President Xi Jinping. These high-profile engagements underscore the significance of DeepSeek's contributions in the context of China's economic strategy.
DeepSeek represents "large-scale applications" of AI, with its technology considered on par with that of the United States. Its success is seen as pivotal for China, not only in competing with U.S. advancements but also as a strategic move to counteract White House sanctions. This achievement is particularly significant given the complex international environment affecting trade and technology.
"Internationally… an increasingly complex and severe external environment may exert a greater impact on China in areas such as trade, science and technology," – Chinese Premier Li Qiang
DeepSeek's innovations are integral to China's efforts to boost consumer spending and navigate trade tensions. The company exemplifies how technological progress can serve as a force to overcome barriers and protectionism.
"Historically, technological progress is often an important force for breaking through barriers and protectionism," – Chen Changsheng
As a private AI project, DeepSeek's trajectory is also viewed as a key element in spurring development across other industries such as biomanufacturing, quantum technology, and 6G technology. This aligns with China's broader vision to inspire innovation and expand consumption within its platform economy.
"We will promote the healthy and well-regulated development of the platform economy and give better play to its role in inspiring innovation, expanding consumption and stabilizing employment," – Chinese Premier Li Qiang
Chen Changsheng, a member of the team that drafted the government work report, emphasized the potential of AI under current international dynamics to foster cooperation and multilateralism.
"We look forward to how under the current international backdrop, AI will become a positive energy to promote cooperation and multilateralism," – Chen Changsheng
The National Development and Reform Commission has also underscored the importance of developing "a system of open-source models" to further bolster this growth trajectory. However, there is caution against the "excessive" use of private AI projects that could fragment the market, advocating instead for "large-scale applications."
"excessive" use of private AI projects that could fragment the market, and instead called for "large-scale applications" – Chen
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