Developed by Xinhua and Chinese search engine Sogou, the anchor was designed to simulate human voice, facial expressions and motions.
The news agency said that the simulations can be used on its websites and social media, and will "reduce news production costs and improve efficiency."
It did not matter if any of China's state-run television channels have shown interest in acquiring technology for future use.
The English-speaking anchor, complete with a suit and tie, is modeled on a real life's Xinhua anchor called Zhang Zhao.
A Chinese-language version, based on another real Xinhua anchor, was also unveiled at the conference.
"His voice is too stiff and there are problems with the breaks," said a user.
"Apparently, news anchors must lose their jobs," said another.
China operates one of the most aggressive media censorship regimes in the world and has tightened restrictions on domestic and foreign news outlets under President Xi Jinping. But it has not stopped its newsrooms from innovating.
While Xinhua claims that the virtual anchor is the world's first, it's not the first time Chinese media have experimented with AI technology.
Advanced software programs scrape sources like corporate income reports and baseball bookpoints, and then convert the data into sentences that people can understand.