China will deploy a large amount of capital towards "advanced industries".

[Wind_FURY]

  👀

发改委主任郑栅洁宣布成立"航母级"国家创业投资引导基金，共一万亿。聚焦AI、量子、氢能等前沿领域 + 生物制造、具身智能、6G等两会政府工作报告提及领域，耐心资本，投早投小投长，解决科创企业初期资金难。春节前，顶级AI专家黄如调任发改委党组成员，引发坊间热议。料其分管领域包括AI重大投资专项



https://x.com/hankinbeijing/status/1897630879280931280

Translated to English through Google Translate,

"Zheng Zhajie, director of the National Development and Reform Commission, announced the establishment of a "carrier-class" national venture capital guidance fund with a total of 1 trillion yuan. Focusing on cutting-edge fields such as AI, quantum, hydrogen energy + fields mentioned in the government work report of the two sessions, such as biomanufacturing, embodied intelligence, 6G, etc., patient capital, early investment, small investment, and long-term investment, to solve the initial funding difficulties of science and technology enterprises.

Before the Spring Festival, top AI expert Huang Ru was transferred to the party group of the National Development and Reform Commission, which triggered heated discussions. It is expected that his areas of responsibility include major AI investment projects"

"Patient capital", I believe, are those sort of investors who give a long-term viewpoint towards the industries that are being built. Tesla became profitable after ten years, Amazon after eleven years, and there are many other such examples. But because of "patient capital", those businesses made it and actually started new industries because of their success.

[Maslate]

1 trillion yuan is roughly $138 billion, which is a massive investment. But the US is also stepping up its game in this area. Just this year, the US announced a $500 billion investment involving OpenAI, Oracle, and SoftBank. Clearly, they don’t want to be overtaken in this sector (assuming they’re still leading now).

Donald Trump announced a private-sector AI infrastructure investment of up to $500 billion.

He said OpenAI, Oracle, and SoftBank would work together in a joint venture known as Stargate.

The US hopes to maintain AI leadership against China amid high geopolitical stakes.

[moneystery]

china is actually ready for advanced industry, they already have many global class companies, they have qualified human resources, and they have the capital to back it all up. so it is not surprising that they will enter the world's advanced industry-- they have been preparing for it for decades, starting from advancing their education sector and improving their human resources and advancing their economy.

now they are also investing massively in developing countries. companies like byd, huawei, etc., have been given the opportunity to expand their market to many developing countries. seeing this, it will not be long before china can be competitive in the advanced industrial sector, including ai, robotics, and semiconductors.

[Churchillvv]

Fun fact:
China: I'm not lossing to the US.

US: We are not losing to China.
Each trying to step up there games on every part of investment they're making just to remain at the top but of course the US is a bit ahead of china for some reason.

Anyways it's good investment and from history it has helped alot of successful business just as op mentioned so each steps taking towards this investment will be global impacts.

Noticed china is a hiding to make equivalence with the USD instead Yuan is used.

[X-ray]

I heard they're investing heavily in semiconductor sector as well, trying to catch up to western's technologies which I think not gonna be easy.
but as long as the US keep holding off distribution of GPU toward china we'd expect them to be stuck with old model GPU and slowly advance in AI field unless they can figure out how to make the GPU themselves.
I think this is wake up call for other developed countries as well to also invests heavily in these fields, because lets be frank china has been dominating in other technology sector such as EV heavily.

[pooya87]

In short, not only China has taken over the world economically (unfortunately) so far and has short term plans for it that are working (as opposed to stupid plans everyone else has), they also have long term plans to increase their dominance in all fields and new technologies.

It's about time the rest of us started making better decisions about our short term and long term economic plans.

[FinneysTrueVision]

Each trying to step up there games on every part of investment they're making just to remain at the top but of course the US is a bit ahead of china for some reason. 

The US is afraid of competing on an even playing field, that is why they have implemented strict restrictions to prevent China from having access to advanced technologies. Even tech companies operating in supposedly sovereign countries, like South Korea, are not allowed to export their products to China, costing them billions of dollars. Despite the obstacles imposed on them, China continues to make progress in things like electric cars, artificial intelligence, and mobile phones.

[She shining]

China are good like they are not settling for less and take technological investments in high prestige. Yeah the US are paying attention and interest in AI development but how long would it take with their 'funny' way of governmenting. I think China would soon take over this areas.

[Kelward]

There's no doubt that China, is leading in terms industrialization and they're still not relenting in their efforts to be more innovative. I wish that many developing and underdeveloped countries that are being ruled by corrupt and backward leaders that have no business being in leadership will learn from China. Approximately 90% of everything that we use in Africa, are imported from China, and I believe that their products are also highly patronized in other continents. China, is very advanced like America, and they're both competing to improve on their technological advancements. Meanwhile many backward countries are still battling with electric power outages, bad roads and insecurity. They depend on loans from China, whom will one day own parts of their countries if they don't repay.

[Sticky Bomb]

1 trillion yuan is roughly $138 billion, which is a massive investment. But the US is also stepping up its game in this area. Just this year, the US announced a $500 billion investment involving OpenAI, Oracle, and SoftBank. Clearly, they don’t want to be overtaken in this sector (assuming they’re still leading now).

Donald Trump announced a private-sector AI infrastructure investment of up to $500 billion.

He said OpenAI, Oracle, and SoftBank would work together in a joint venture known as Stargate.

The US hopes to maintain AI leadership against China amid high geopolitical stakes.

The cost of production and industrialization is very high in the US, if US and China invest the same amount into industrialization, with the smaller production costs in China, their output would be more palatable than the US, take for example, Open AI and Deepseek. US have invested over $100M into open AI, but it costs less than $6M to produce Deepseek which is rumored to be more reliable and efficient than OpenAI and it's open source too, with cheaper subscriptions.

[BIT-BENDER]

1 trillion yuan is roughly $138 billion, which is a massive investment. But the US is also stepping up its game in this area. Just this year, the US announced a $500 billion investment involving OpenAI, Oracle, and SoftBank. Clearly, they don’t want to be overtaken in this sector (assuming they’re still leading now).

In thar area I don't think the US are actually leading, I stand to be corrected it see that China are the ones leading and if not China then one of the Asian countries.
Although Donald Trump has shown great commitment in improving the US standing in such area citing the fact that it will be important for the US in the future.
The US are now pump in funds and are playing the catch up game which I believe they can actually achieve.

[Reatim]

china is actually ready for advanced industry, they already have many global class companies, they have qualified human resources, and they have the capital to back it all up. so it is not surprising that they will enter the world's advanced industry-- they have been preparing for it for decades, starting from advancing their education sector and improving their human resources and advancing their economy.

have i been living under a lie?

china has always been at the forefront of numerous industries they have so many products and brands well known to the world i don’t think i know any country that has almost every alternative to every popular brand or product that becomes popular enough to compete against its competitors

it’s only natural for china to take extreme efforts into advanced technologies and invest into this kind of things

[Tipstar]

It's no surprise that China plays a long game. They are so used to planning and executing that according to the plan that everything they say, they'll get it done. Unlike multiparty democracy where a change in ruling party could turn the country's policy entirely different from the previous administration, China plans for centuries.
China currently is at its 14th five year plan. 2025 would be the year to evaluate and make the new plan. The fifth plenum would formulate the draft of the new plan while the draft itself might already be at work.
There have been approach from the west to isolate China but with China establishing itself as a global inseparable economy, the west either needs to integrate with it or self isolate as the rest of the world enjoys the products from China.

[WillyAp]

It should make you suspicious not seeing rural areas, when we talk about China.
most exhibitions in tiktok, Red Note are from people proud to be Chinese, nothing wrong with it.

They do a lot but the country is huge.

[Unknown Op]

China always work hard to make strong your country,So their leaders are taking actions for that . They have money in their pockets, and that's why they will be more stronger power on all over the World. Today, economy of China is not bad and that is due to collaboration of their public and government amd many other countries have no collaboration of public and that is the reason they are not economy power and are present at low level. China have to do best for the advanced industries because if there will be new technology, there will be more chances they could face challenges but there should be aim in their mind and faith will make them dominant on all world.They have potential to do that,do they are taking action and will not fail.

[STT]

Could argue Taiwan is leading but they are in the manufacturing and its arguable which part is most important of all.   I imagine the design is the most important part, design of the chips and of the AI models themselves seems to be key.

Its all such a new industry sector its not clear how important the software part will be but I think its intriguing to see it can make such a large difference if recent upsets were true.   China focusing this amount of money is probably good news for everyone interested in the development of the technology even outside their borders.
  Quality will matter more then quantity and its much harder to discern that detail.

[WillyAp]

Could argue Taiwan is leading but they are in the manufacturing and its arguable which part is most important of all.   I imagine the design is the most important part, design of the chips and of the AI models themselves seems to be key.

Here is an answer to doing chips:

Q.ANT Launches First Commercial Photonic Processor – for Energy-Efficient High-Performance Computing and Real-Time AI Applications

https://qant.com/press-releases/q-ant-launches-first-commercial-photonic-processor-for-energy-efficient-high-performance-computing-and-real-time-ai-applications/

[Darker45]

It seems China is slowly graduating from its shanzhai phase. Years ago, China is simply copying technologies especially those products that are manufactured in their country. All they could offer were cheaper versions of the original, mass-produced and substandard.

Recently, however, China appears to be transitioning into an innovator. It has significantly advanced. Before, they weren't really competing. They're far behind, offering nothing other than knock-off products. But they've amassed so much money from it. Now, they're using it as a capital to fund research and develop their own technologies. They're a close competitor already.

[shinratensei_]

It seems China is slowly graduating from its shanzhai phase. Years ago, China is simply copying technologies especially those products that are manufactured in their country. All they could offer were cheaper versions of the original, mass-produced and substandard.

Recently, however, China appears to be transitioning into an innovator. It has significantly advanced. Before, they weren't really competing. They're far behind, offering nothing other than knock-off products. But they've amassed so much money from it. Now, they're using it as a capital to fund research and develop their own technologies. They're a close competitor already.

these steps that china has taken does make a lot of sense though, why reinvent the wheel when they can just recreate by seeing, though it's morally grey, some even illegal speaking from the perspective of legality.
at least now they are trying to bring in some innovations, can't deny academic field of technology right now also got big share of research coming from china as well, might be the effect of them actually trying to create something new.

i think this all could happen because china realized that they need to change and rebrand themselves so that they can become high income industrial country. after all, offering labour in AI age just won't cut it.

[DrBeer]

Each trying to step up there games on every part of investment they're making just to remain at the top but of course the US is a bit ahead of china for some reason. 

The US is afraid of competing on an even playing field, that is why they have implemented strict restrictions to prevent China from having access to advanced technologies. Even tech companies operating in supposedly sovereign countries, like South Korea, are not allowed to export their products to China, costing them billions of dollars. Despite the obstacles imposed on them, China continues to make progress in things like electric cars, artificial intelligence, and mobile phones.

Given the fact that China conducts large-scale industrial espionage, openly ignores international patent law, and openly steals other people's designs, restricting its access to high technology is a logical process. But by the way, this still shows that China trying to pretend to be a “world technological leader” is still backward and dependent on Western technologies ....