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Hangzhou
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  • Wei Shaojun said Chinese firms should be careful with efforts to achieve greater self-sufficiency in the chips sector
  • Wei said US curbs will make it harder for China to produce the computing power it needs to develop supercomputers and artificial intelligence

For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.

China's eastern city of Hangzhou will host the largest Asian Games ever from September 2 until October 8, 2023.  During 15 days of competition, nearly 12,000 athletes from 45 nations and territories will compete for 481 gold medals.

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China’s eastern Jiangsu province will offer subsidies and financial support to cover research, equipment purchase, chip design, packaging and production.

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