Selina Xu argues that China's tech industry has evolved from a copycat to a true innovator, citing successes in live streaming, digital payments, and hardware like DJI and Xiaomi. The state guides priorities, creating intense domestic competition ('involution') that drives companies abroad. Xi Jinping's focus on the real economy led to a regulatory crackdown on tech, but this has since eased, with figures like Jack Ma returning to signal renewed support for the private sector. China's AI strategy prioritizes widespread deployment and practical applications, contrasting with Western anti-AI sentiment. The DeepSeek moment in 2025 galvanized the ecosystem, pushing many companies to open-source their models. China invests heavily in infrastructure, including renewable energy and domestic semiconductor development, to reduce dependence on Taiwan. Xu emphasizes the need for US-China cooperation on AI risks and hopes for a future where AI is safe and beneficial, with better mutual understanding of each other's tech landscapes.