He Xiaopeng, a deputy to the National People's Congress and the Chairman & CEO of XPeng Motors, remarked that the government has taken a proactive stance in acknowledging the vast potential that lies in merging artificial intelligence with the digital economy. By integrating AI capabilities within the digital realm with hardware components in the physical world, a new era of 'physical AI' will emerge. This fusion is poised to usher in transformative shifts in both productivity and production relations. He highlighted that intelligent entities, such as smart vehicles, serve as tangible manifestations of physical AI in action. Over the forthcoming five-year period, physical AI is set to be implemented on a wider scale and make its mark on the global stage. This year signifies the concluding phase of infrastructure development for XPeng Motors, with a robust acceleration of its globalization efforts anticipated between 2027 and 2028. It is expected that from the latter half of this year extending into next year, pertinent technologies will be converted into commercial gains, thereby establishing a virtuous cycle of 'technology-driven commerce'.