Chinese President Xi Jinping presented a five-point action plan on Sunday. This plan includes an initiative for 'open and inclusive AI,' as well as measures to promote the digital industry, trade, and investment.
He strongly urged BRICS members to make joint efforts to ensure supply chain stability and form a large integrated market.
Highlighting China's vision for artificial intelligence, Xi Jinping stated that Global South countries must uphold the principles of multilateralism. Furthermore, they should support the authority and role of the UN and contribute to the reform and increased efficiency of multilateral institutions.
It was also noted that it is necessary to monitor whether WTO reform is developing in the right direction. Moreover, the international financial architecture requires reform and improvement to increase the representation and influence of developing countries.