Source : WAM
The People’s Republic of China plans to expand its core artificial intelligence (AI) industry to more than 1 trillion yuan (approximately US$142.5 billion) within the next two years under a new action plan, as the nation’s capital works to strengthen its position as a global centre for AI innovation.
The plan outlines nine key initiatives covering various segments of the AI industry, with a strong focus on advancing technological innovation.
Priority areas include achieving major technological breakthroughs through coordinated research, enhancing the supply of high-quality data and broadening AI applications across multiple sectors. The strategy also features measures to attract leading talent, mobilise long-term investment and promote the development of open-source ecosystems.
Yang Xiuling, Director of the Beijing Municipal Commission of Development and Reform, said other targets include building a domestically produced AI computing cluster with a capacity of over 100,000 chips, adding more than 10 newly listed AI-related companies and cultivating over 20 unicorn firms in this sector.
China’s AI industry has recorded strong growth, with the number of AI enterprises surpassing 5,300 as of September 2025, representing about 15 percent of the global total, according to data from the China Academy of Information and Communications Technology.
