Jensen Huang, CEO of U.S. tech giant Nvidia, on Tuesday praised China's rapid advancements in artificial intelligence (AI) during his visit to Beijing, describing the Chinese market as both "large" and "dynamic."
Huang made the remarks during his meeting with Ren Hongbin, chairman of the China Council for the Promotion of International Trade.
Technologies with AI included will further serve the supply chain and promote the stability and smoothness of the supply chain. In particular, the Chinese market and the technological integration in China provide crucial support for global enterprises, he said.
"The products that are manufactured here in China are unimaginable really. And in the amount of technology and automation, that makes that possible. And so we are part of the world supply chain, and we have incredibly complicated supply chains and we depend on technology providers all over the world, every single corner of the world. It takes 200 different technology companies, 200, to build one of our AI computers. [It is] unimaginable complexity. It is not possible without a sophisticated supply chain. And so that's why I'm here to celebrate the miracle of the supply chain in the China supply chain," the CEO said.
AI is moving very fast in China, Huang said in an interview after the meeting, highlighting the thriving AI ecosystem in China and pointing to the abundance of startups and major cloud service providers.
"The China market is so large and it's so dynamic. AI is moving very fast in China. So many AI startups, all of the cloud service providers. Alibaba Qwen is doing so well. Tencent is doing so well. Of course, my good friends at Xiaomi, they are doing so well. AI is being applied to everything from consumer applications, internet shopping, grocery delivery, to of course, self-driving cars. And all these incredible applications. And so I'm very happy to see the AI development here in China," he said.
This is Huang's third visit to China since the start of 2025. Huang will attend the opening ceremony of the third China International Supply Chain Expo on Wednesday and participate in related activities.
Nvidia CEO praises China’s AI development, supply chain innovation
China's stock market demonstrated robust performance in 2025 with new records in various sectors.
Against the backdrop of global liquidity easing and evolving industrial policies, the A-share market experienced a landmark year. Multiple key metrics - including total market capitalization, trading volume, as well as margin trading and short selling balances - achieved historic breakthroughs, demonstrating remarkable vitality and resilience.
In terms of overall performance, as of Dec. 31, 2025, the total market capitalization of A-shares reached approximately 118.91 trillion yuan, marking a net increase of 25.30 trillion yuan from the year's opening level of 93.61 trillion yuan. This represents a growth rate of 27.03 percent, according to data from financial information provider Wind.
In 2025, major A-share indices extended their annual gains compared to 2024.
On Dec. 31, 2025, the Shanghai Composite Index stood at 3,968.84 points, marking an annual increase of 18.41 percent - the largest annual gain since 2020. The Shenzhen Component Index rose 29.87 percent for the year, while the ChiNext Index surged 49.57 percent. The Beijing Stock Exchange 50 Index recorded an annual gain of 38.80 percent, while the STAR Market 50 Index rose 35.92 percent for the year.
As major indices rose, market trading activity intensified. Throughout 2025, the A-share market recorded a total trading value of approximately 420 trillion yuan, marking a growth of over 60 percent compared to the previous year and nearly doubling the 2023 annual value. It also marked the first time in history that the annual trading value surpassed the 400 trillion yuan threshold.
The margin trading and short selling scale in the A-share market expanded rapidly in 2025. As of the year end, the outstanding margin trading and short selling balance in the A-share market increased by 690.7 billion yuan during the year to reach 2.5 trillion yuan, setting a new historical high.
Notably, the growth in the balance was primarily driven by the increase in the financing balance. Although the short selling balance also increased in 2025, its cumulative growth for the year was less than 10 billion yuan, with the absolute value of the short selling balance remaining at a low level in recent years.
As market sentiment continued to heat up, major sectors in the A-share market saw increases. Key industry sectors rose to varying degrees, with over half posting annual increases exceeding 30 percent.
Boosted by sharp rises in precious metal prices, the nonferrous metals sector delivered standout performance throughout 2025. Defense and military, telecommunications, machinery and equipment, automotive, power equipment, and electronics sectors also ranked among the top annual gainers. Sectors like food and beverages, coal, and banking showed relatively weaker annual performance but still managed modest gains.
Against the backdrop of a broad market rally, individual stocks also rose, with many delivering standout performances. Data indicates that over 4,200 A-shares saw price increases in 2025, accounting for more than three-quarters of the total. Specifically, after excluding newly listed stocks, over 500 A-shares still doubled in value, with more than 100 stocks achieving annual gains exceeding 200 percent.
China's stock market demonstrates strong performance with multiple new records in 2025
