ðŸ‡ðŸ‡° Chinese, 19 October 2026, AI policy
China's State Council Deploys AI+ Action Plan, Boosting AI ETF
China's State Council has deployed a new AI+ action plan, driving a surge in AI-related stocks.
The State Council has deployed a new AI+ action plan, focusing on technology innovation and application-driven development.
The plan aims to promote the development of AI core industries, with a scale exceeding 1.2 trillion yuan, and the number of AI enterprises exceeding 6,600.
The plan’s deployment has boosted the AI ETF, with a 4.21% turnover rate and 1 billion yuan in daily trading volume.