Artificial intelligence will play a critical role in shaping China's fortunes as a great power. Yet Beijing’s attempt to translate wins by today’s innovators like DeepSeek and others into wider gains for the $18 trillion economy will be challenged not just by the United States but also by the Chinese Communist Party’s own desire to maintain control.

Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China's Xi Jinping during a summit.

China's President Xi Jinping met top private sector entrepreneurs, including Alibaba's Jack Ma, signaling a policy change after strict regulations on

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China.

DeepSeek founder Liang has received the lion’s share of media attention in recent weeks as his AI assistant ascended to the top of global app charts.

Chinese President Xi Jinping will host a meeting next week with some of the nation's top entrepreneurs - including six Hangzhou-based start-ups known as the "Six Little Dragons" - to recognise progress in critical areas of technological advancement and show support to the private sector,