Far East Holdings Jiang Xipei: China has a huge market, and it is also a cornerstone of global stability.

Ask AI · How can AI and the power industry work together to address technical challenges?

By | Zhu Yuting

Edited by | Liu Peng

On March 26, during the 2026 annual meeting of the Boao Forum for Asia, Jiang Xipei, founder of Far East Holding Group and chairman of its board of directors, said that when discussing how global developments affect its business: there will be some impact to varying degrees, but for Far East, the impact is relatively small, and the company’s growth momentum is quite strong.

In the face of the current global geopolitical situation, his feeling is, “Everyone is really looking forward to China.” “We have a large market, and we are also a cornerstone of global stability. So as long as China stays stable, the world won’t fall into major chaos.”

He remains optimistic about the dramatically changing business environment and firmly advocates, “We still need a very proactive attitude to adapt. The future is very promising, and we should remain optimistic.”

Jiang Xipei believes, “Successful people are always optimistic, and optimistic people are also more likely to succeed.”

In terms of the business itself, Jiang Xipei shared Far East’s innovations in the AI field. “We not only have our existing foundation industries—for example, Far East’s wires and cables are among the global industry brands with the highest brand value—but more importantly, we are now building around the strategy of ‘electric power + computing power + AI.’ This includes specialty cables, submarine cables, energy storage, AI full-optical interconnection products, liquid cooling products, and computing chip testing equipment. It is precisely because this wave of artificial intelligence needs and requires all of these that Far East caught the big windfall opportunity.”

One remark by Huang Renxun, founder of NVIDIA—“The end of AI is power”—has sparked widespread discussion. In response, Jiang Xipei believes that the AI industry and the power and energy industry complement each other’s advantages. “We still need leading companies in each sector to lead the way—especially companies with a sense of purpose and responsibility—so that they can collaborate better to solve the practical problems that arise in development, and to address many pain points and difficult challenges that appear on the big windfall opportunity in artificial intelligence, so that we can jointly make artificial intelligence safer and earn public trust.”