China’s He Lifeng calls for more financial support for AI and computing

Chinese Vice Premier He Lifeng called for greater financial support for artificial intelligence and computing, signaling policy backing for the sectors as part of Beijing’s push for technological self-reliance and high-quality economic growth. The directive, reported by Crypto Briefing, did not specify funding amounts, token prices, or particular protocols or chains. It matters because expanded capital for AI and computing infrastructure could lift demand for data centers, chips, and related digital services across China’s tech economy. Watch for follow-through in the form of budget allocations, state-backed investment funds, and lending programs tied to AI and computing projects.