Two Sessions
China's AI sector tops $165 billion in 2025, minister says
Iniulat ng AI Larawang ginawa ng AI
The output of China's core artificial intelligence industry exceeded 1.2 trillion yuan ($165 billion) in 2025, with more than 6,200 companies operating in the field, said Li Lecheng, head of the Ministry of Industry and Information Technology. The remarks came after the opening meeting of the fourth session of the 14th National People's Congress in Beijing on Thursday.
Venture capitalist Nisa Leung says mainland China and Hong Kong should ease listing rules for biotechnology companies and lower takeover thresholds for listed firms to capitalize on renewed foreign interest in the healthcare sector. She made the comments in a sideline interview during China's annual meetings of the CPPCC and NPC.
Iniulat ng AI
Building on priorities set at the December 2025 Central Economic Work Conference, the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) opened in Beijing on March 4, 2026, with President Xi Jinping in attendance. The fourth session of the 14th National People's Congress (NPC) convenes March 5-12 to deliberate the government work report and draft outline of the 15th Five-Year Plan (2026-2030). Spokesperson Lou Qinjian highlighted plans to expand opening-up, boost consumption, and advance sci-tech self-reliance amid ongoing economic pressures.