The Chinese President Xi addressed in a speech the importance of needing countries to come together to tackle the potential risks of artificial intelligence (AI).

In light of China's strict regulations on free speech on the internet, Chinese President Xi Jinping stated on Wednesday that nations should work together to address any risks related to artificial intelligence.

China has simultaneously optimized the economic advantages of the internet and the propaganda value of social media for the authoritarian goal of the ruling Communist Party.

At the World Internet Conference Summit in Wuzhen, in the eastern city, Xi gave a taped speech.

Rather than advocating for conflict, he argued for shared security in cyberspace. He voiced his opposition to "cyberspace hegemony" and said that China would cooperate with other nations to handle the challenges posed by the advancement of artificial intelligence.

With the adoption of the Global AI Governance Initiative, a plan unveiled by the Chinese government last month advocating for an open and equitable environment for AI development, China is prepared to “promote the safe development of AI,” he declared.

The Chinese government initially organized the conference as an annual affair in 2014 to talk about internet development. China allows access to most foreign news and social media platforms within the Wuzhen area during the conference, but prohibits them beyond.