China’s tech scene is making waves again—this time, with artificial intelligence (AI) leading the charge. Jensen Huang, CEO of U.S. tech titan Nvidia, dropped a 🔥 hot take during his Beijing visit: "AI is moving very fast in China." And he’s not just being polite.
Earlier this year, Chinese AI startup Deepseek stole the spotlight, outshining even Nvidia and sparking a sell-off in global AI stocks. From facial recognition (SenseTime) to drones (DJI) and voice tech (iFlytek), China’s innovation squad is leveling up fast. 🚀 This isn’t just about cool gadgets—it’s a key part of China’s push for high-quality development, swapping old-school growth models for innovation-driven strategies.
"The 'AI+' economy is accelerating," said Zheng Shanjie, head of China’s National Development and Reform Commission (NDRC), at a recent press conference. He revealed that AI-related output in 2024 hit a staggering 24 trillion yuan ($3.3 trillion)—equal to the combined GDP of Beijing, Shanghai, and Guangdong! 💰
Yuan Da, NDRC’s secretary general, doubled down: "Innovation is now the main engine of China’s growth." With the economy expanding at 5.5% annually since 2021 and projected to add over 35 trillion yuan by 2025, it’s clear: China’s betting big on brains over brawn.
So, what’s next? As AI reshapes industries worldwide, China’s tech rise is one to watch. 🌍✨
