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China’s core artificial intelligence (AI) industry is projected to surpass 1.2 trillion yuan in 2025 (about $170 billion), up from more than 900 billion yuan in 2024, according to a new industry assessment.
The estimate was outlined in a report released by the China Academy of Information and Communications Technology (CAICT), an institute affiliated with the Ministry of Industry and Information Technology, during an industry forum in Beijing. The report said the value of China’s core AI sector had already exceeded 900 billion yuan in 2024 and is expected to cross the 1.2 trillion yuan mark, or about $170 billion, in 2025.
CAICT noted significant advances in AI capabilities over the past year, with language performance improving by about 30% and multimodal understanding by around 50%. The academy described the current period as a turning point, where AI is moving beyond technical innovation to become a productive force delivering tangible real-world outcomes.
The report also highlighted the growing use of large language models in manufacturing. Since the start of the year, the share of AI application scenarios in the manufacturing sector has risen from 19.9% to 25.9%, reflecting faster adoption across industrial processes.
In parallel, the integrated AI and robotics sector is expanding rapidly. CAICT said more than 350 companies are now active across this industrial chain, with around 40 billion yuan in financing channelled into the sector in 2025, underlining strong investor interest and policy support.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th of August, covering the latest developments.
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Russian ballistic missile strikes on Ukraine’s capital Kyiv has killed at least sixteen people and injured more than forty others, Ukrainian officials said, with fires reported across the city and Poland activating defensive air operations.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
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