China to Outline Five-Year Technology Strategy at Annual Parliament Meeting

China plans to detail how it will compete with Western economies on advanced technology over the next five years during this week's parliamentary session. Such national strategies often span semiconductors, AI (artificial intelligence), and blockchain (distributed ledger technology).

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Terms & Concepts
  • Blockchain: A distributed ledger that records transactions across a network; foundational to cryptocurrencies and decentralized applications.
  • Artificial intelligence (AI): Computer systems that perform tasks requiring human-like reasoning, perception, or prediction; a core arena in global tech competition.