TREE NEWS update: China’s State Council executive meeting called for technology innovation to be driven by deployed applications and for deeper expansion of the “AI Plus” initiative. Separately, two government departments proposed banning or restricting exports of 40 technologies across artificial intelligence, biomedicine and solar power. The PBOC’s Pan Gongsheng also said China will push for yuan-denominated bonds to become a globally recognized eligible collateral.
China’s Cabinet Calls for Deeper ‘AI Plus’ Push, Two Ministries Eye Export Curbs on 40 Technologies
The pairing of a state push for faster AI deployment with proposed export curbs on AI and adjacent technologies signals a deliberate split: accelerate domestic adoption while tightening control over the underlying know-how. That distinction matters most for cross-border licensing, research collaboration and supply chains tied to biomedicine and solar, where access to Chinese technology could narrow. The yuan-collateral comment points to a parallel effort to deepen onshore markets. Whether the export list is finalized as proposed, and how broadly it is applied, is the open question.
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