{"id":253762,"date":"2026-01-23T15:31:09","date_gmt":"2026-01-23T15:31:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/253762\/"},"modified":"2026-01-23T15:31:09","modified_gmt":"2026-01-23T15:31:09","slug":"chinas-ai-push-spreads-gains-across-the-economy-finance-ceo-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/253762\/","title":{"rendered":"China&#8217;s AI Push Spreads Gains Across the Economy, Finance CEO Says"},"content":{"rendered":"<p>Open source \u2014 that might be the clearest signal of how China wants artificial intelligence to reshape its economy.<\/p>\n<p>Hisham Alrayes, the group CEO of Bahrain-based GFH Financial Group, said China is prioritizing <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/deepseek-new-ai-training-models-scale-manifold-constrained-analysts-china-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">open models<\/a> and broad deployment to spread AI&#8217;s gains across the economy, instead of funneling them to a few tech giants.<\/p>\n<p>Speaking at a Davos panel on China&#8217;s &#8220;AI+ Economy&#8221; strategy on Wednesday, Alrayes said the <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/deepseek-china-ai-chatbot-disruption-mining-ev-chatgpt-openai-nvidia-2025-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">country&#8217;s approach<\/a> reflects a fundamentally different economic philosophy.<\/p>\n<p>&#8220;You look at the open structure of the China AI philosophy \u2014 then you have the non-open structure,&#8221; Alrayes said. &#8220;That signals that the benefit they want to see is to trickle down into the economy, into the companies.&#8221;<\/p>\n<p>Open source as economic strategy<\/p>\n<p>China&#8217;s most prominent <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/what-is-deepseek-r1-china-ai-2025-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">AI breakout, DeepSeek<\/a>, reflects that philosophy.<\/p>\n<p>It mostly uses <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/china-deepseek-integrate-ai-consolidation-us-openai-paywall-2025-4\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">open-source models<\/a> that have drawn global attention, in contrast to many large US language models that remain closed and proprietary, reaping the benefits of tightly controlled commercial ecosystems.<\/p>\n<p>Meta&#8217;s former chief AI scientist <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/meta-ai-yann-lecun-deepseek-open-source-openai-2025-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Yann LeCun<\/a>, has said that a key reason behind DeepSeek&#8217;s success is its open-source model, which, he said, can outperform proprietary models in terms of efficiency and innovation by building on shared research.<\/p>\n<p>Meanwhile, former Google CEO <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/eric-schmidt-worried-governments-use-chinese-ai-open-source-models-2025-11\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Eric Schmidt<\/a> has said that China&#8217;s open-source AI models could gain an edge globally because they&#8217;re free, making them more attractive than costly proprietary US systems for governments and countries that can&#8217;t afford closed models.<\/p>\n<p>Similarly, Alrayes said, China \u2014 in pursuing the open model \u2014 is aiming for <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/eric-schmidt-worried-governments-use-chinese-ai-open-source-models-2025-11\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">affordability and scale<\/a>.<\/p>\n<p>&#8220;It&#8217;s not the benefit of that company, of that product, the return of that individual. It&#8217;s not an individual \u2014 it&#8217;s an economy,&#8221; Alrayes said.<\/p>\n<p>That philosophy is reflected in China&#8217;s national &#8220;AI Plus&#8221; action plan, which prioritizes diffusion, said fellow panelist Gong Ke, executive director of the Chinese Institute for New Generation AI Development Strategies at Nankai University.<\/p>\n<p>The policy, he said, focuses on embedding AI across manufacturing, healthcare, finance, education, and other sectors, rather than on breakthroughs such as artificial general intelligence.<\/p>\n<p>He added that the plan sets explicit adoption targets, with AI agents and intelligent terminals expected to reach 70% penetration by 2027 and 90% by 2030.<\/p>\n<p>AI as infrastructure, not a profit engine<\/p>\n<p>Alrayes said China&#8217;s open-source tilt ultimately reflects a broader goal: making AI an economic utility rather than a profit center for a small group of companies.<\/p>\n<p>&#8220;China is looking to create value throughout the economy, very clear, with very specific objectives across the economy,&#8221; he said. &#8220;Not just as a benefit to those companies. This is the difference in the philosophy.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Open source \u2014 that might be the clearest signal of how China wants artificial intelligence to reshape its&hellip;\n","protected":false},"author":2,"featured_media":253763,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-253762","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/253762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=253762"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/253762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/253763"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=253762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=253762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=253762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}