PetroChina

For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump's first and second terms is generative artificial intelligence.

Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial intelligence development and infrastructure.

Amid a surge in AI adoption in China, the company is budgeting a 28 per cent increase in capital expenses for computing power this year.

The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.

On March 12, the South China Morning Post cited expert analysis stating that China, with its forward-looking strategic vision, has invested billions of

Chinese artificial intelligence startup DeepSeek sent shockwaves through Silicon Valley and Wall Street earlier this year — but it's not part of an elite set of AI startups in China known as the "Six Tigers.

"DeepSeek adheres to an open-source approach and promotes the widespread application of AI technology globally, which contributes Chinese wisdom to the world. Through the rise of companies like DeepSeek, we can see the innovation and inclusiveness of China's technological development" -Lou Qinjian, Spokesperson for China's parliament.

Capital markets are riding a wave of interest in Chinese tech, but geopolitics and other obstacles to investments could wipe out the rally if opportunities fizzle As China's political elite gather for the country's annual legislative sessions this week,