China expects surge of trillion‑yuan tech and industrial firms

China is projected to add several new companies with a market value of 1 trillion yuan (RMB) as AI computing, semiconductors and humanoid‑robot sectors accelerate. Existing trillion‑yuan firms total 13 and span finance, energy, technology and consumer groups, including Tencent, Alibaba, China Mobile, IC Design Foxconn, the major banks and energy giants. Potential newcomers highlighted are Changxin Technology, the sole domestic DRAM IDM with a global fourth‑place share; Foxconn Industrial Network, whose AI‑server revenue rose over 230 %; DeepSeek, valued at roughly 400 billion yuan after a 51 billion yuan financing round; and Yushu Technology in the humanoid‑robot field. The growth is underpinned by strong policy backing from the 15th‑Five‑Year Plan, regional incentives and ample capital flow.

In parallel, the State Council meeting chaired by Premier Li Qiang detailed a broad push to advance digital infrastructure, including next‑generation communication networks and a national computing grid, to fuel the economy. The agenda also covered flood‑control measures, modern logistics, new‑pillar industry cultivation and refinements to natural‑resource management. Separate corporate updates noted Samsung’s plan to bring forward its first chip fab in South Korea to 2029, Meta’s removal of a contested AI‑image feature, OpenAI’s safety‑team restructuring, Mitsubishi’s upcoming humanoid‑robot production line, and a potential large investment in the Manus AI‑agent platform by Tencent.