CNBC's The China Connection newsletter: China's AI race enters a new phase
By Evelyn Cheng
Published on March 30, 2026.
CNBC's The China Connection newsletter highlights that Chinese companies are focusing on industry-specific artificial intelligence as they seek revenue growth. This shift comes from large-language models like DeepSeek, which are no longer being sufficient. Alibaba recently launched an AI-integrated upgrade to its Accio sourcing platform, Accio Work, which can also process customs paperwork autonomously and calculate profit margins for businesses. Alibaba is also seeking partnerships with U.S. AI models to handle legal, financial and dealmaking aspects of doing business globally. Meanwhile, Alibaba's platform connects millions of small businesses in the U.N. and Europe with China-based suppliers.
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