There's also another mandatory employer contribution that doesn't have a direct analogue in the west - basically a contribution toward an employee's home loan.
BAN ALL
Essentially, what he's proposing is a non-proliferation treaty where only China and the US are allowed AI. Essentially, they'll become the only two sellers of remotely controlled machines driven by an ai located in China or the US. They'll take the majority of the profits flowing from the next industrial revolution.
I'm not sure China would agree as they're still steeped in Marxism and anti-imperialism. That said, money talks.
Plus, countries like Russia will submit to no-one regardless of the pain. Though they don't have the data sources currently needed to feed the ai, so maybe they won't be a player outside of their own country.
China is also all-in on the industry version of the IoT. That's all about remote control of industrial plant and equipment, sensors, actuators, robotics etc. To scale that they need tons of cheap silicon, but not necessarily high density silicon.
It's also why their GPS-equivalent has 10cm2 resolution in civilian mode plus capacity for high density data packet transmissions - ideal for control of roaming robotic equipment.
yep, the CPC initials are derived from the traditional format of "Communist Party" + [country name]. It's kind of similar to the naming scheme used to identify branch offices.
So, "Communist Party, China branch
Their idea of an offer you can't refuse is an offer... and you'd better not refuse.