Fidelity International: China's AI map expands to robots and intelligent travel.

According to Dale Nicholls, a fund manager at Fidelity International, China's technological advancements are expanding from traditional AI infrastructure to robotics, automation, advanced manufacturing, and applications of "embodied intelligence" in real-world scenarios. "Many investors are still exploring where the next disruptive technology opportunity will arise, and one area worth focusing on is humanoid robots," Nicholls said, noting that while a few tech giants have a lead in data and computing power in the field of large language models, robotics remains a relatively open track. China has already established a strong advantage in hardware, motion control, and manufacturing capability, while also increasing investments in robot software, data collection, and brain-base models. Nicholls revealed that during recent on-site research, his team visited several companies active in the robotics ecosystem, further strengthening their belief that robotics is becoming an increasingly important area of innovation, and that China has the great potential to lead in this field. In addition to robotics, the construction of AI infrastructure is also creating new growth opportunities for Chinese industrial enterprises. Nicholls believes that while the market often focuses on semiconductors and storage chips, the expansion of AI infrastructure also requires massive investments in power supply, energy management, and electrical equipment. From photovoltaics, batteries, inverters to power electronic devices, more and more Chinese companies are entering related industries with their manufacturing capabilities, engineering technologies, and vertical integration advantages. Many industrial enterprises are leveraging their existing technological expertise to expand from traditional end markets to AI, automation, and electrification-related fields, a capacity that is often underestimated by the market.