China Emerges as a Hotbed for AI Business Opportunities

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Bhupendra Singh Chundawat

China Emerges as a Hotbed for AI Business Opportunities

Beijing, July 22: The 2026 World AI Summit took place from July 17 to 20 in Shanghai. This summit served as an excellent platform for over 1,100 enterprises to showcase progressive technologies and for major international companies to connect with the Chinese market. Undoubtedly, China is a vibrant ground for AI business.

Achim Peltz, Global CEO of the Motion Control Division at Siemens’ Digital Industries Group, shared with CMG that this was his first participation in the summit, which left a significant impression on him. The event featured not only captivating AI exhibitions but also a comprehensive business environment. The robust foundation of the Chinese manufacturing industry is evident. To succeed here, it is crucial to understand the specific demands of the domestic manufacturing sector. Together with peers, we aim to deliver substantial value to the manufacturing industry.

Xiong Xi, Senior Vice President of Schneider Electric, informed CMG that China’s supply chain capabilities in AI-related businesses are exceptionally strong. Our overall supply chain and industrial base for business operations are impressive. Additionally, the stability and strength of the power grid here serve as a solid foundation for AI computing.

Han Chen, Senior Vice President of ABB Group, noted that China now has the highest number of robots globally, and Chinese consumers actively utilize AI. This has provided us with numerous application scenarios that are distinct from other markets, presenting a unique market opportunity worldwide.

(Source: China Media Group, Beijing)

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