<h1>AI regulation must balance innovation and societal safeguards through stakeholder-led frameworks to enable responsible deployment.</h1> The statement stresses a calibrated AI regulation that balances innovation with societal safeguards through stakeholder consultations, and describes policy measures to bolster domestic semiconductor manufacturing-including higher material purity and supply chain localisation-and railway modernisation via new-generation trains to enhance passenger experience, all presented as part of a strategy to signal policy certainty and attract industry confidence.