June 17, Lujiazui Forum — MORGAN STANLEY Asia CEO and global co-head of equities Gokul Laroia said global investor interest in China is strengthening. He called China, after the US, the only market with an independent, end-to-end AI ecosystem, evolving from semiconductor localization to data centers and cloud providers, large language models and downstream applications including digital services and humanoid robots. He said hundreds of companies are already participating and estimated the ecosys

June 17, Lujiazui Forum — MORGAN STANLEY Asia CEO and global co-head of equities Gokul Laroia said global investor interest in China is strengthening. He called China, after the US, the only market with an independent, end-to-end AI ecosystem, evolving from semiconductor localization to data centers and cloud providers, large language models and downstream applications including digital services and humanoid robots. He said hundreds of companies are already participating and estimated the ecosystem could generate an incremental $30–40 trillion in market value.