Transfar chairman: AI key to pvt firms seeking global edge
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Deeper integration into operations to further drive enterprise transformation
Private enterprises in China must make more efforts to embrace artificial intelligence in order to gain a lead globally, a national lawmaker said on the sidelines of the two sessions that end on Tuesday.
Xu Guanju, a deputy to the 14th National People's Congress and chairman of leading chemicals manufacturer Transfar Group, said private companies are currently navigating challenges, striving to become world-class entities.
"However, the future global competition is no longer about scale or volume, but about high-quality development driven by advanced technologies," Xu said, adding that AI will be a key for a lead in the future.
