Story perspectives

Li Qiang Warns AI Governance Lag, Releases Whitepaper

6/24/2026

Summary

Li Qiang Warns

Chinese Premier Li Qiang warned at the World Economic Forum Summer Davos in Dalian on June 24, 2026 that governments risk losing control of frontier technologies such as artificial intelligence if regulation does not keep pace.
He said artificial intelligence has boosted innovation efficiency but ethical lapses and loss of control could have serious consequences.
Li announced China will continue taking part in global AI governance, citing a newly released global-governance whitepaper.

Summary

AI reshapes hiring

AI is increasingly used to filter entry-level job applications in Singapore, potentially widening socioeconomic divides.
DBS Bank announced in February 2025 it will cut about 4,000 temporary roles while creating roughly 1,000 AI positions.
ACCA’s Global Talent Trends Report shows 31 % of Singapore respondents now cite “jobs being replaced by technology” as their biggest workplace fear, up from 8 % in 2025.

History

Historical Context

The EU first outlined AI governance in its 2020 White Paper, then the von der Leyen Commission formally proposed the AI Act in April 2021, targeting high-risk systems. The draft introduced a risk-based regime and fines up to €35 million or 7 % of global turnover. Parallel moves, such as the Global Partnership on AI launched in 2020, show a broader push for coordinated standards.

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Li Qiang Warns

Chinese Premier Li Qiang warned at the World Economic Forum Summer Davos in Dalian on June 24, 2026 that governments risk losing control of frontier technologies such as artificial intelligence if regulation does not keep pace.
He said artificial intelligence has boosted innovation efficiency but ethical lapses and loss of control could have serious consequences.
Li announced China will continue taking part in global AI governance, citing a newly released global-governance whitepaper.

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