China has put forward a proposal to establish an organization dedicated to advancing global artificial intelligence (AI) cooperation.
Premier Li Qiang stated that China aims to help steer international efforts in AI regulation and share its own innovations. His remarks were made at the annual World Artificial Intelligence Conference in Shanghai on Saturday (July 26) and reported by Reuters.
Li’s comments came just days after former U.S. President Donald Trump unveiled an AI blueprint, which seeks to expand American AI exports to its allies. The move is intended to strengthen the U.S.’s competitive edge over China in the global AI race.
While Li did not explicitly name the U.S., Reuters noted that his words appeared to allude to White House measures aimed at impeding China’s AI progress. He warned that AI risks becoming an “exclusive game” dominated by a small group of countries and companies.
He further emphasized that China advocates for AI to be shared across all nations, with a particular focus on the “Global South”—developing and lower-income economies primarily located in the Southern Hemisphere.
Li also highlighted concerns about regulating AI’s growing risks, pointing to obstacles such as insufficient AI chip supplies and restrictions on talent exchanges.
“Overall global AI governance remains fragmented. Countries have significant differences, especially in areas like regulatory concepts and institutional rules,” he said.
“We must enhance coordination to establish a globally recognized AI governance framework as soon as possible.”
In related AI developments, PYMNTS reported last week on the proliferation of fake AI agents. A report from Gartner, a business research and insights firm, revealed that while companies are inundated with vendors offering AI agent systems, most products on the market lack true agentic capabilities. Of the thousands of AI agent systems promoted by vendors, only 130 are genuinely functional.
Agentic AI—systems capable of autonomously planning, reasoning, and acting toward goals with little to no human input—is often confused with simpler tools that lack these core abilities.
“Many vendors are fueling hype through ‘agent washing’—rebranding existing products such as AI assistants, robotic process automation (RPA), and chatbots without adding substantial agentic features,” Gartner explained.
Selecting the right vendor is critical. According to a May 2024 PYMNTS Intelligence report, 25% of CFOs cited over-reliance on vendors as a key drawback when considering generative AI deployment. A year later, a more recent PYMNTS Intelligence report shows that CFOs have grown far more comfortable with generative AI but remain uncertain whether agentic AI is “battle-ready.”
This push for global cooperation underscores China’s commitment to fostering an inclusive AI ecosystem—one that avoids monopolization and ensures technological progress benefits all nations. As the AI race intensifies, bridging differences in governance and promoting genuine innovation will be pivotal to shaping a balanced and collaborative future for the technology.
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