China is rolling out the red carpet for its homegrown tech darlings. The country announced support for initial public offerings by startups in “future industries” and companies building large AI models, a move that slots neatly into Beijing’s broader campaign to build a self-sufficient technology ecosystem.
The policy direction is part of China’s 15th Five-Year Plan covering 2026 through 2030, which identifies embodied AI and quantum computing as priority sectors for intellectual property development and, crucially, capital market access. Beijing is telling its stock exchanges to make room for AI and deep-tech companies, and it wants the process to move faster.
The pipeline is already filling up
AI firms Zhipu AI and MiniMax have advanced their Hong Kong IPOs in late 2025 and early 2026, raising substantial capital in the process. Robotics company Unitree Robotics has filed for an IPO on the Shanghai exchange, targeting approximately RMB 4.2 billion, or roughly $610 million.
Policy measures spanning 2024 through 2026 encourage venture capital growth alongside expedited IPO approvals for tech startups working in AI and advanced manufacturing.
