China Prioritizes Open AI To Spread Economic Gains

Hisham Alrayes, CEO of GFH Financial Group, said on a Davos panel Wednesday that China is prioritizing open-source AI models and broad deployment to distribute economic benefits across sectors. Officials frame AI as infrastructure under the national "AI Plus" plan, setting targets of 70% AI agents and intelligent terminal penetration by 2027 and 90% by 2030, signaling affordability and scale.