An agreement to establish the World AI Cooperation Organization was signed Thursday in Shanghai, with Foreign Minister Wang Yi signing on behalf of the Chinese government.
The agreement defines the entity as an independent intergovernmental organization aimed at promoting international AI cooperation and global governance, ensuring the technology develops in a beneficial, safe and equitable direction.
Representatives from 29 countries, including Kazakhstan, Laos, Pakistan and Russia, signed the agreement to become founding members.
NEWS SUMMARY
The U.S. has launched an anti-circumvention investigation into crystalline silicon solar cells from China.
Domestic loans to real estate developers dropped by more than 30% year-on-year in the first half of the year, though high-quality projects remain fiercely contested by banks.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
