Xi Touts China’s AI, Chip Wins In Triumphant New Year’s Speech

President Xi Jinping highlighted China’s achievements in artificial intelligence and the chip industry in a triumphant New Year’s Eve speech as he called for more confidence in the country’s development path in the year ahead.

“China has become one of the world’s fastest-rising economies in terms of innovative capacity,” he declared in a televised address on Wednesday beamed to the nation’s 1.4 billion people, in which he touted China’s achievements in large AI models and breakthroughs in chip research and development.

The Chinese leader underscored the role of innovation in his government’s aim for high-quality economic development and the integration ...