China Favors Chips, AI Executives Over Internet Tycoons at Top Political Meetings
As Beijing shifts its priorities amid growing technology competition with the U.S., the number of web executives attending China's largest annual political gathering is declining. In the past, seats in the front row of the main auditorium at the Chinese People's Political Consultative Conference
A number of prominent Chinese internet executives have been left out of the country's top political meetings in Beijing this week, giving way to experts in artificial intelligence and semiconductors as Chinese leader Xi Jinping's priorities shift amid rising technology competition with the U.S.
Pony Ma, Robin Li and William Ding, the chief executives of Chinese internet companies Tencent Holdings Ltd., Baidu Inc. and NetEase Inc. respectively, are conspicuous in their absence from this year's list of delegates to the National People's Congress, China's legislative body, and the Chinese People's Political Consultative Conference, a political advisory body. Also missing was Lenovo Group Ltd. CEO Yang Yuanqing.