China's vision to turn artificial intelligence from an expensive frontier technology into a resource for affordable, widely accessible applications will bring huge benefits to more countries, businesses and ordinary people worldwide, said leading industry experts and company executives.

They made the comments on Tuesday after President Xi Jinping, in his keynote speech on Friday at the 2026 World AI Conference and High-Level Meeting on Global AI Governance in Shanghai, said that AI should be developed "for the positive, for good and for humanity".

"AI development should not be a solo performance by a single country, but a symphony of international cooperation," Xi said.

He called for coordinated advances in the transformation and upgrade of traditional industries, the cultivation and growth of emerging industries, and forward-looking planning for future industries, so that all sectors and businesses can benefit from AI.

Long Yongtu, China's former chief negotiator for its accession to the World Trade Organization, said the rise of AI has become another turning point in the country's economic development.