"He added, "All this has turned China into one of the economies with the fastest-growing innovation capabilities." Apart from developments in AI, Xi also highlighted China's Tianwen-2 asteroid sampling mission and its latest electromagnetic catapult system-equipped aircraft carrier. He talked about China breaking ground on the construction of the world's largest dam in Tibetan territory, and its progress in developing humanoid robots and drones."
"The year started with China's Deepseek AI startup releasing its R1 AI model in January, which rivalled OpenAI's o1 and sent US tech stocks plunging. Nvidia, a major player in AI hardware, saw its stock drop by more than 17% on January 27, erasing billions from its value. The US's ban on exporting advanced AI chips has given a boost to China's homegrown chip producers, propelling their founders, such as MetaX Integrated Circuits Shanghai's cofounder Chen Weiliang, into the billionaire ranks."
China integrated science and technology deeply with industries in 2025, producing a stream of innovations. Large AI models competed intensely while domestic breakthroughs advanced research and development of Chinese chips. These developments positioned China among the economies with the fastest-growing innovation capabilities. Major projects included the Tianwen-2 asteroid sampling mission, an aircraft carrier equipped with an electromagnetic catapult system, and the start of construction on the world's largest dam in Tibetan territory. Progress also continued on humanoid robots and drones. The release of Deepseek's R1 AI model and U.S. export restrictions on advanced chips reshaped competitive dynamics and boosted domestic chipmakers.
Read at Business Insider
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