Business Daily Media

The Times


.

Europe and China Must Pivot from Tech Rivalry to "Constructive Engagement" in AI Era, Warn Leaders at CEIBS Forums

BRUSSELS, BELGIUM / PARIS, FRANCE - Media OutReach Newswire - 26 June 2026 - As artificial intelligence reshapes global power dynamics, European and Chinese leaders are warning that the EU and China must move beyond zero-sum competition to harness their complementary strengths in AI governance and industrial application.



Europe and China Must Pivot from Tech Rivalry to

The consensus emerged during the 12th CEIBS Europe Forum, a flagship dialogue held across Paris (22 June) and Brussels (24 June) bringing together policymakers, industry executives, and academics.

Addressing the forums, former President of the European Council Charles Michel stressed that AI is no longer merely a technological issue, but a matter of "sovereignty, leadership, and power." He identified semiconductors, data infrastructure, and regulatory policy as the core variables shaping future international relations. While acknowledging intensifying global competition, Michel called for "responsible collaboration," noting that Europe's mature approach to corporate governance and data security could confer distinct long-term resilience.

The events highlighted a clear strategic divergence in global AI: the US leads in frontier investment, China excels in large-scale application and open-source models, while Europe dominates in regulatory frameworks. "The more intense the competition becomes, the more important dialogue and cooperation are," noted CEIBS President Wang Hong, highlighting the need to balance global AI governance.

Other speakers included Chinese Ambassador to the EU Cai Run and Chinese Minister to France Chen Li.

Industry panels featuring executives from Siemens, EDF, and leading robotics firms reinforced this pragmatic approach. Across sectors like energy, healthcare, and advanced manufacturing, experts agreed that AI acts as an enabler rather than a replacement for human expertise. However, they cautioned that AI's massive energy demands present a critical challenge—and a prime opportunity for joint Sino-European innovation in grid technology and renewables.

Concluding the Brussels summit, CEIBS Co-President (European) Frank Bournois encapsulated the sentiment of both cities: "Competition is natural, but insufficient. The real formula we need is unity and trust."

For more information, please visit the official website:
https://www.ceibs.edu/

Hashtag: #CEIBS

The issuer is solely responsible for the content of this announcement.

News from Asia

A Defining Milestone for Gene Solutions: SPOT-MAS Multi-Cancer Screening Test Receives U.S. FDA Breakthrough Device Designation

HONG KONG SAR - Media OutReach Newswire - 22 July 2026 - Gene Solutions – a global biotechnology company advancing accessible genomic solutions for cancer detection and precision oncology, announc...

St Francis Methodist School International Shares 2023–2024 WACE Outcomes and Student Journeys

SINGAPORE - Media OutReach Newswire - 22 July 2026 - St Francis Methodist School International (SFMS) has released its latest academic results for students in the Western Australian Certificate o...

SCG calls for a new growth model: Advancing carbon neutrality through competitiveness, energy security and innovation at Nikkei Asia Forum APAC 2026

BANGKOK, THAILAND - Media OutReach Newswire - 22 July 2026 - At the Nikkei Asia Forum APAC 2026, Mr. Thammasak Sethaudom, President and Chief Executive Officer of SCG, shared his vision that the t...

ZenaTech Expands AI Drone Commercialisation as DaaS Contributes 93% of Q1 Revenue

VANCOUVER, CANADA - Media OutReach Newswire - 22 July 2026 - ZenaTech (Nasdaq: ZENA) is combining AI-powered drone technology, enterprise software and professional services through its Drone-as-a-...

Phancy (6682.HK) issues positive profit alert for first half of 2026

HONG KONG SAR - Media OutReach Newswire - 22 July 2026 - Phancy Group Co., Ltd. ("Phancy" or the "Company"; stock code: 6682.HK) today announced a positive profit alert for the six months ended 30...

Taoyuan Welcomes the World: Taiwan’s Gateway Invites Global Travelers

TAOYUAN, TAIWAN - Media OutReach Newswire - 22 July 2026 - Visitors strolling through the bustling streets of major Asian hubs-Tokyo, Busan, Hong Kong, Singapore, and Kuala Lumpur-may have rece...

LOCUS-T Wins Four Honours at A+M Agency of the Year Awards 2026

PETALING JAYA, MALAYSIA - Media OutReach Newswire - 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been recognized with four honours at the Advertising + Marketing (A+M...

Vinhomes Utilizes Vietnam's Largest Land Bank to Expand Integrated Urban Developments

HANOI, VIETNAM - Media OutReach Newswire - 22 July 2026 - Vinhomes (ticker: VHM), Vietnam's leading listed real estate developer, is transforming its extensive land bank, exceeding 295 million squ...

Asahi Super Dry Brings Its Iconic Nama Jokki Can to Chinese Mainland with Multi-Hyphenate Celebrity Henry Lau

The market debut of this revolutionary draft style beer in a can marks a new chapter in Asahi’s premiumization journeySHANGHAI, CHINA - Media OutReach Newswire - 22 July 2026 - Japan's number one1...

1win Breaks World Record by Bringing Football to the Top of Bogotá

BOGOTÁ, COLOMBIA - Media OutReach Newswire - 22 July 2026 - 1win, in partnership with Colombian football creators FUTTO, has officially set a world record by organizing the highest football match ...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...