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AI opportunities for UK, China explored at forum

By Wang Mingjie in London | chinadaily.com.cn | Updated: 2025-05-15 22:09
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Jack Perry, chairman of The 48 Group, gives a speech at the 2025 Sino-UK Entrepreneurs Forum in London on Wednesday. [Xing Yi / China Daily]

Jack Perry, chairman of The 48 Group, highlighted the need to approach UK-China collaboration with not only ambition, but clarity.

"Trade today is no longer just about supply and demand," Perry said, emphasizing that, rather than seeking capital alone, the UK needs to offer complementary value.

"The UK now attracts more venture capital in AI than any other country in Europe. We're not just experimenting with AI. We are scaling it, commercializing it, and exporting it," he noted.

Reflecting on the evolution of China's global role, Perry added: "China is no longer the underdog. It is confident, capable, and efficient at scale … That is why the UK-China relationship must be built on balance, not dependency, on shared innovation, not one-sided deals."

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