China unveils 5-year plan prioritizing AI and chips to counter US tech dominance

China's MIIT and NDRC released a new five-year plan for electronics and IT, elevating AI and integrated circuits to strategic priorities amid the US tech race. The plan signals accelerated state-directed investment and policy support for domestic semiconductor and AI capabilities, reinforcing Beijing's self-reliance drive. The move is likely to intensify US-China tech competition and could prompt further export-control responses from Washington.