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Xi touts chip wins in New Year speech
Financial Express Chandigarh
|January 01, 2026
AIMS FOR HIGH-QUALITY DEVELOPMENT IN CHINA
PRESIDENT XI JINPING highlighted China's achievements in artificial intelligence and the chip industry in a triumphant New Year's Eve speech as he called for more confidence in the country's development path in the year ahead.
"China has become one of the world's fastest-rising economies in terms of innovative capacity," he declared in a televised address on Wednesday beamed to the nation's 1.4 billion people, in which he touted China's achievements in large AI models and breakthroughs in chip research and development.
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