Alibaba shares jumped 10.17% in U.S. trading after China announced a new AI+ Manufacturing push. Li Lecheng, the Minister of Industry and Information Technology, told Xinhua News Agency that the country will accelerate digital upgrades in factories and roll out a national action plan. The central government will also offer a fresh round of financial support for “little giant” firms in 2026 and push companies to raise R&D spending, Li said in a separate interview with China Central Television. The initiative targets quantum technology, humanoid robots, brain‑computer interfaces and 6G, aiming to boost scientific self‑reliance and spark breakthroughs in future manufacturing.

For investors, the announcement signals a potential shift in China’s industrial policy that could lift Alibaba’s earnings and reshape global supply chains. Watching how the policy unfolds and how the company adapts will be key to assessing the long‑term impact. Analysts note that the move aligns with Beijing’s broader strategy to reduce reliance on foreign tech and could spur domestic firms to innovate faster.

Alibaba’s cloud and e‑commerce divisions stand to benefit from increased AI integration across its logistics network.