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Several companies, such as Shijia Photonics, Huaqin Technology, Weiergao, and Foxconn Industrial Internet, have announced favorable financial results for the first half of the year, primarily driven by the burgeoning artificial intelligence (AI) industry. According to CCID Consulting, China's AI sector is poised for exponential growth this year, surpassing the global average. Looking ahead, the industry is anticipated to witness substantial expansion over the next decade, securing a pivotal role in the global marketplace. From 2025 to 2035, the industry's size in China is projected to soar from 398.5 billion yuan to 1,729.5 billion yuan, marking a robust compound annual growth rate of 15.6%. By 2030, the industry's value is expected to surpass the milestone of 1 trillion yuan.
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