ChinaZhōngguó中国to approve / to ratifypīzhǔn批准the fifteenthdì shíwǔ gè第十五个Five-Year Planwǔ nián guīhuà五年规划,to designatejiāng将artificial intelligenceréngōng zhìnéng人工智能to classify as / to designate aslièwéi列为core / centralhéxīn核心strategiczhànlüè战略industrychǎnyè产业。
March 12, 2026 at 4:00 PM
New Words
News in English
BusinessChina Approves 15th Five-Year Plan with AI as Key Strategic Industry
China National People Congress approved the 15th Five-Year Plan covering 2026 to 2030, designating AI as a core strategic industry and projecting that AI-related industries will exceed 10 trillion yuan in output value by 2030.
China's National People Congress reviewed and approved the 15th Five-Year Plan, which covers 2026 to 2030 and outlines the country's economic and technological development directions. This plan designates artificial intelligence as a core strategic industry and introduces the "AI Plus" action plan, aiming to integrate AI technology into various industries and sectors. According to government forecasts, by 2030, China's AI-related industry output value is expected to exceed 10 trillion yuan. The plan also emphasizes support for six major emerging industries including integrated circuits, low-altitude economy, and intelligent robots. The government has set 2026 economic growth targets at 4.5% to 5%, and State Council Premier Li Qiang stated that favorable conditions exist to achieve these goals. Commerce Minister Wang Wentao pledged to strengthen intellectual property protection and improve policy transparency to further attract foreign investment. Meanwhile, Beijing criticized the Trump administration's trade investigations targeting China, stating that these investigations have disrupted normal bilateral economic and trade exchanges.
More in Business
MomentaMóméng tǎ摩蒙塔Hong KongXiānggǎng香港listedshàngshì上市fundraisingróngjī融资$752 million7.52 yì měiyuán7.52亿美元
Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise
Samsung (South Korean electronics company)Sānxīng三星、SK Hynix (South Korean memory chipmaker)SK HǎilìshìSK海力士and / together withyǔ与Micron (US semiconductor company)Měiguāng美光to race to / to vie injìngxiāng竞相to expand / to increasekuòdà扩大AI / artificial intelligenceAIAImemory (computing)nèicún内存chip / semiconductor chipxīnpiàn芯片production capacitychǎnnéng产能。
Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity
ChinaZhōngguó中国artificial intelligenceréngōng zhìnéng人工智能companygōngsī公司MiniMax (Chinese AI company)MiniMaxMiniMaxto completewánchéng完成$2 billionèrshí yì měiyuán二十亿美元fundraising / financingróngzī融资。
Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale
PepsiCoBǎishì Gōngsī百事公司earnings / performanceyèjī业绩lower than / belowdīyú低于expectation / forecastyùqī预期,the United StatesMěiguó美国stock marketgǔshì股市slightly / marginallyxiǎofú小幅to rise / to increaseshàngzhǎng上涨。
PepsiCo Earnings Disappoint as US Stocks Edge Higher