On November 18, at the 2026 Strategy Meeting of Oriental Wealth Securities, Professor Wu Xiaoqiu, a national-level professor, former vice-president of Renmin University of China, and dean of the National Institute of Finance, pointed out that the widespread application of AI will determine the country's new position in the global economy, and seizing AI development opportunities will seize the initiative for the next round of economic growth. AI is not only a productivity tool, but also a core force driving the upgrading of China's real economy, the transformation of the financial system, and the deepening of capital market functions. He believes that by 2030, China's per capita GDP is expected to exceed 20,000 US dollars, the consumption rate will pick up, the securitization rate will exceed 200%, and the AI penetration rate will rank among the highest in the world.

Zhitongcaijing · 11/18/2025 11:41
On November 18, at the 2026 Strategy Meeting of Oriental Wealth Securities, Professor Wu Xiaoqiu, a national-level professor, former vice-president of Renmin University of China, and dean of the National Institute of Finance, pointed out that the widespread application of AI will determine the country's new position in the global economy, and seizing AI development opportunities will seize the initiative for the next round of economic growth. AI is not only a productivity tool, but also a core force driving the upgrading of China's real economy, the transformation of the financial system, and the deepening of capital market functions. He believes that by 2030, China's per capita GDP is expected to exceed 20,000 US dollars, the consumption rate will pick up, the securitization rate will exceed 200%, and the AI penetration rate will rank among the highest in the world.