China’s private sector adopts AI and emerging tech for growth
Reuters
China’s private enterprises are rapidly adopting artificial intelligence (AI) and low-altitude aviation technologies to enhance efficiency, cut costs, and drive innovation. As AI transforms supply chain management and automation, businesses are also investing in aviation advancements and expanding i
China's private enterprises are rapidly adopting emerging technologies, such as artificial intelligence (AI) and advancements in the low-altitude economy, to enhance efficiency, reduce costs, and drive innovation.
AI Transforming Business Operations
The increasing affordability of AI applications has led to widespread adoption among private enterprises. Companies are leveraging AI to optimize supply chains, manage inventory, and automate operations.
"We have already laid a solid foundation in utilizing AI technology for clearing goods both online and offline, managing inventory, and forecasting orders. Large language models have made significant breakthroughs in handling the entire supply chain, including nighttime sales, eliminating the need for night shift personnel," said Zhang Wenzhong, founder of Wumart Group, a leading Chinese retail company.
Growth of the Low-Altitude Economy
Private enterprises are also investing in low-altitude aviation technology, including the development of light aircraft, drones, and airships for industrial and logistics applications. This sector is expected to see significant advancements in 2025.
"Domestically produced light aircraft will go into production in 2025. We have also invested in airship research and successfully conducted a test flight last year. I believe 2025 will be a breakthrough year for industrial applications in the low-altitude economy," stated Yan Zhi, chairman of Zall Holdings Co., Ltd.
Expansion into Global Markets
In addition to technological advancements, Chinese private enterprises are increasingly targeting international markets, particularly in Southeast Asia, South Asia, the Middle East, and Africa. Businesses are focusing on forming partnerships to create synergies and develop mutually beneficial industrial collaborations.
"Going overseas requires achieving synergy within the industrial chain and forming complementary, coordinated development with host countries' industries. We should explore overseas markets through collaboration, leveraging each other's strengths for mutual benefit," said Ding Liguo, president of Shanghai Delong Steel Group Co., Ltd.
With AI-driven automation, advancements in aviation technology, and global market expansion, China's private enterprises are positioning themselves at the forefront of the next wave of industrial transformation. These innovations are set to reshape industries and contribute to China's evolving economic landscape.
Reuters
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