How China Works author on the data economy, robots and AI
Lan Xiaohuan, an economics professor at China Europe International Business School, discusses China's economic landscape, including its trade surplus and the need for a stronger social safety net. His book, How China Works: An Introduction to China’s State-led Economic Development, has sold millions of copies. Professor Lan also examines how public data infrastructure influences the artificial intelligence competition between China and the United States. His insights offer a look into the economic realities shaping China's technological and trade position.
Professor Lan Xiaohuan's analysis points to China's public data infrastructure as a key factor in its AI race with the United States. This suggests that Beijing's state-led approach to data collection and utilization could offer a distinct advantage in developing AI models and applications, potentially accelerating progress in areas like autonomous systems and smart city initiatives across Asia. The scale of data access in China, driven by its economic model, provides a unique foundation for AI training that private-sector-led economies may struggle to replicate. The economic realities behind China's record trade surplus are also relevant. A stronger social safety net, as advocated by Professor Lan, could further stabilize domestic consumption and innovation, indirectly supporting the AI sector by fostering a more robust internal market for new technologies. The interplay between economic policy and technological advancement in China offers a model for other Asian nations considering their own AI strategies.
