China's AI industry expected to surpass 1 trln yuan by 2025

China's artificial intelligence (AI) industry is on track to exceed 1 trillion yuan (about 138 billion U.S. dollars) by 2025, accounting for over 20 percent of the global market, according to a report from iiMedia Research.

In 2024, China's AI market was valued at 747 billion yuan (over 103 billion U.S. dollars), marking a 41 percent increase from the previous year.

Driven by the growing adoption of AI across sectors like internet services, telecommunications, government service, and finance, the market is expected to reach 1 trillion yuan by 2025.

AI penetration has surged in major industries, with the internet sector leading at 89 percent adoption rate, followed by telecommunications at 68 percent, government service at 65 percent, and finance at 64 percent in 2023, according to the report.

This growth highlights China's expanding AI landscape, where the technology continues to boost efficiency and foster innovation across industries.

Gold futures and spot prices surged to record levels this week, driven by rising geopolitical tensions and expectations of a U.S. Federal Reserve rate cut.

Gold prices on the New York Mercantile Exchange (NYMEX) reached new historic highs on Sunday. The most actively traded February 2026 gold futures contract briefly surpassed 4,430 U.S. dollars per ounce during intraday trading.

In London, spot gold prices also broke records, crossing the 4,400 U.S. dollars per ounce mark on Monday local time.

According to U.S. media reports, the sharp rally in gold is mainly attributed to intensifying geopolitical tensions and growing market expectations of further interest rate cuts by the Federal Reserve.