
While eye-catching technological breakthroughs – led by the DeepSeek artificial intelligence (AI) model – have boosted confidence in China amid intensifying rivalry with the United States, economists at the Annual Meeting of the New Champions in Tianjin have called for structural reforms to make China a consumption-driven economy.“We can talk about technological supremacy, like AI and all these, but China is never going to be a rich country unless it becomes a big consumer country,” Jin Keyu, a...