Beijing unveiled a new action plan to grow its core AI industry beyond 1 trillion yuan ($142.5 billion) within two years, aiming to become a global AI innovation hub. The plan includes nine initiatives focused on technological breakthroughs, expanding applications, attracting talent, boosting capital, and supporting open-source ecosystems. Targets include building a domestic AI computing cluster with over 100,000 chips, adding 10 new AI-listed companies, and nurturing more than 20 AI unicorns. China’s AI sector has grown rapidly, with over 5,300 enterprises as of September 2025, accounting for 15% of the global total.
Credit : CGTN
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