China’s global AI strategy

The global race for AI supremacy is in full swing. The Chinese government recently published the Global AI Governance Action Plan and at the same time presented drafts for ethical AI rules and labelling requirements for AI-generated content — a clear signal of the strategic shift from pure development to global regulation and standard setting.… Continue reading China’s global AI strategy

Boost for the digital economy

In order to further open up and accelerate trade in services, Shanghai wants to facilitate the cross-border transfer of financial data as part of a new plan. Financial institutions are now allowed to transfer data abroad that is necessary for their daily operations. In order to promote and regulate cross-border data flow, a data catalog… Continue reading Boost for the digital economy