Goldman Sachs: Chinese AI stocks have yet to experience a bubble.

Goldman Sachs analysts stated in a research report that there is no bubble in Chinese artificial intelligence stocks. They predict that generative AI will bring an 8% cumulative increase in China's labor productivity over the next 10 years. Goldman Sachs estimates that AI can create new income opportunities, and by 2035, Chinese companies' total revenue globally could reach as high as $16 trillion. At the same time, widespread adoption of AI in the next decade could increase the profitability of Chinese companies by three percentage points each year through cost savings and efficiency improvements. Goldman Sachs also stated that, in fact, not investing in Chinese AI could be a risk, as AI could be considered the core policy of China's next five-year plan.