Chinese leader Xi Jinping congratulated the World Internet Conference (WIC) through an official statement on November 9. The conference was held at the Wuzhen Exhibition Center, which has hosted the event since 2014. Several U.S. tech executives virtually attended the event, including the CEOs of IBM, Intel, and Cisco.

Invited guests, senior government officials, and business tech leaders gathered – as they have every year since 2014 – to discuss the governance model for global cyberspace. This year’s event took place against a backdrop of growing economic problems, a tighter regulatory environment in China, and rising geopolitical tensions between East and West.

At the opening ceremony, Xi called for global cooperation in the technology sector. In turn, he touted China’s cyberspace governance model, as it faces increasing U.S. restrictions on access to advanced technologies.

Meanwhile, the sheriff of the world continues to crack down on the CCP’s criminal behavior, restricting access to advanced technologies in areas such as artificial intelligence and advanced chips. The U.S. also has added a new wave of export restrictions in recent months in response to national security cyberattacks, and trade sanctions against Huawei Technologies and other Chinese tech companies have made it clear to the CCP that the security of the rule of law is non-negotiable.
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