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Core Viewpoint - The article discusses the recent policy support for the digital economy in China, highlighting the "Action Plan for Deepening Smart City Development and Promoting Comprehensive Digital Transformation" released by multiple government departments, which aims to enhance data-driven urban economic and social development. Group 1: Policy Initiatives - The action plan aims for significant progress in data-driven urban development by the end of 2027, with a focus on efficient handling of key urban events and high-frequency public services, establishing over 50 fully digital transformation cities [2][3] - The plan emphasizes the integration of artificial intelligence in education and public services, promoting applications like "AI + education" and "one card for all services" [2][3] Group 2: Digital Economy Development - The initiative encourages the creation of new digital life scenarios in cultural tourism, sports, and digital consumption, leveraging AI for content creation and enhancing user experiences [3][4] - It supports the digital transformation of traditional business districts and the development of smart stores and AI product experience centers [3][4] Group 3: Infrastructure and Data Services - The plan outlines the need for synchronized planning and construction of digital and municipal infrastructure, promoting interconnectivity and efficient data flow between cities [5][6] - It encourages the development of data service models and the establishment of data innovation communities to foster entrepreneurship [4][5] Group 4: Market Response - Following the announcement, AI concept stocks surged, with several companies reaching their daily limit up, indicating strong market optimism regarding AI and digital economy initiatives [6][7] - Analysts note that the penetration rate of AI large models is still low, suggesting significant growth potential and capital investment opportunities in the sector [7]