China’s Human Resources minister announced an ambitious plan to absorb 12.7 million new graduates into the labor market this year by leveraging artificial intelligence. The program will roll out large-scale internships and training in high-growth sectors, with specific emphasis on generative AI, new-energy vehicles and the so-called “low-altitude economy,” signaling a shift from traditional manufacturing roles toward technology-intensive positions.

Investors reacted by adjusting valuations on the Shanghai-Shenzhen CSI 300, anticipating significant state-led AI expenditure. Major cloud and AI service companies stand to gain if government contracts and infrastructure spending accelerate, as demand for scalable AI platforms and vocational upskilling solutions rises across provinces.