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China Bets Billions on AI and Chips to Break U.S. Tech "Chokehold"
China Bets Billions on AI and Chips to Break U.S. Tech "Chokehold" China is mobilizing hundreds of billions of dollars in state-backed investment to achieve self-sufficiency in advanced semiconductors and artificial intelligence, aiming to break a U.S.-led "chokehold" on critical technology [51155][86995]. The massive funding push, detailed in new provincial and national plans, marks a strategic pivot from absorbing foreign technology to dominating next-generation fields [59734]. The national strategy, outlined in the upcoming 15th five-year plan for 2026-2030, explicitly targets breaking foreign dependencies in strategic industries [95150]. It directs state resources toward frontier technologies like AI and advanced semiconductors to secure China's footing in the global tech race [95150]. This effort is being executed locally through major regional investments. The eastern province of Zhejiang announced a five-year plan to achieve breakthroughs in manufacturing AI chips as advanced as 3 nanometers [51155]. Similarly, Shanghai launched a $10 billion investment plan focusing on microchips and AI among other key sectors [43531]. Analysts note these local blueprints align with Beijing's directive for technological independence [51155]. At the national level, a new state-backed semiconductor fund worth over $47 billion has been established to build a domestic supply chain for chipmaking equipment, an area currently controlled by the U.S., Japan, and the Netherlands [86995]. Furthermore, China's draft national budget allocates 426.42 billion yuan ($61.7 billion) for science and technology, with a focus on "future industries" including AI [93804]. The drive extends to private corporations, with tech giant Xiaomi intensifying a major five-year investment plan into core technologies like semiconductors and AI, aligning with national self-reliance goals [86064]. The competition is also geographic, with China's two largest economic powerhouses—the Yangtze River Delta and the Greater Bay Area—vying to become the country's leading AI innovation hub [95148]. President Xi Jinping's recent inspection of a major technology park in Beijing underscored the national priority of achieving "high-level" technological independence [71486]. The concerted push across government and corporate levels signals a deepening tech rivalry with the United States, framing the competition as one between China's state-coordinated model and America's market-driven approach [109135]. China Targets 3nm AI Chips to Break US "Chokehold" China's New Plan: Beat US Tech Rivals with AI and Fusion Power China's Tech Pivot: From "Catch-Up" to Cutting-Edge AI War: US Bets on Markets, China Bets on Control China Bets $47 Billion to Break the Chip Barrier Shanghai Bets $10 Billion on Chips and AI in Tech Race Chinese Provinces Prioritize Tech and Self-Reliance in New Economic Plans Xi Inspects Tech Park, Stakes Claim in Global Innovation Race Xiaomi Bets Billions on Chips and AI as Rivals Build Robots China's Tech Giants Race for AI Dominance
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