A top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China\u2019s booming AI sector and its struggling traditional industries.<\/p>\n
And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind.<\/p>\n
In a commentary published on its website on Sunday, the journal conceded that there was an obvious \u201cgap in temperature\u201d in the world\u2019s second-largest economy.<\/p>\n
\u201cMacroeconomic data serves as the economy\u2019s \u2018thermometer\u2019, while micro-level experiences represent the public\u2019s \u2018feels-like temperature\u2019. Both are real,\u201d the article said.<\/p>\n
It asserted that such a gap was a long-standing challenge for major economies, noting that \u201cthe larger the economic scale, and the greater the number of market participants, the more frequently such a gap appears\u201d.<\/p>\n
The commentary also said that the speed and scale of artificial intelligence adoption had further thrown such a gap into sharper relief, as China establishes itself in the vanguard of a global race to develop and deploy cutting-edge technology.<\/p>\n","protected":false},"excerpt":{"rendered":"A top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China\u2019s…\n","protected":false},"author":2,"featured_media":841689,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[256,64,63,3686,99,512,7764,413983,164,108064,7759,413980,21045,413982,413981,21259],"class_list":["post-841688","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ai","tag-au","tag-australia","tag-beijing","tag-business","tag-china","tag-communist-party","tag-economic-divide","tag-economy","tag-green-economy","tag-politburo","tag-qiushi-journal","tag-rd","tag-real-estate-development","tag-traditional-industries","tag-wage-growth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/841688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=841688"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/841688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/841689"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=841688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=841688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=841688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}