""China has become one of the world's fastest-rising economies in terms of innovative capacity," he declared in a televised address on Wednesday beamed to the nation's 1.4 billion people, in which he touted China's achievements in large AI models and breakthroughs in chip research and development. The Chinese leader underscored the role of innovation in his government's aim for high-quality economic development and the integration of technology and industry, citing the advancements in humanoid robots and drones."
"He also touted China's progress in aerospace and defense, pointing to the country's latest aircraft carrier, the Fujian, which is equipped with a new electromagnetic catapult launch system. China had "overcome numerous difficulties and challenges" to meet the targets set out in its 14th Five-Year Plan, Xi said, adding that the country's gross domestic product is on track to reach 140 trillion yuan ($20 trillion) in 2025."
"The year opened with a surprise breakthrough when Chinese AI startup DeepSeek defied US chip curbs to release a powerful, low-cost model that stunned Silicon Valley and rattled Wall Street. Chinese chipmakers have rushed to the IPO market, raising funds that are key to the nation's goal of technological self-reliance and winning the global race on artificial intelligence."
China emphasizes rapid advances in artificial intelligence, large AI models, and semiconductor research and development alongside progress in humanoid robots and drones. The country highlights improvements in aerospace and defense capabilities, including the new aircraft carrier Fujian with an electromagnetic catapult system. China reports meeting many targets of its 14th Five-Year Plan and projects gross domestic product reaching 140 trillion yuan by 2025. Chinese startups and chipmakers achieved notable breakthroughs and capital raises despite US chip curbs and renewed trade tensions, reinforcing goals of technological self-reliance and global competitiveness.
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