Foreign Minister Wang Yi speaks with United Nations Secretary-General Antonio Guterres after the signing ceremony for the agreement on the World Artificial Intelligence Cooperation Organization in Shanghai on Thursday. FENG YONGBIN / CHINA DAILY

A signing ceremony for an agreement on the establishment of the World Artificial Intelligence Cooperation Organization was held in Shanghai on Thursday.

Representatives from a total of 29 countries signed the agreement. Foreign Minister Wang Yi signed the agreement on behalf of the Chinese government.

The agreement stipulates that the independent, intergovernmental organization will be guided by the purposes of the United Nations Charter, uphold the principle of extensive consultation, joint contribution and shared benefits, and follow a people-centered approach.

The organization aims to promote international cooperation and global governance in artificial intelligence, ensure the sound and orderly development of AI in a beneficial, safe and equitable direction, and bring benefits to all humanity.