At the opening ceremony of the 4th BEYOND International Science and Technology Innovation Expo (BEYOND Expo 2024), speaking about the gap between China and the US in the AI industry, Xu Bing, co-founder of Shangtang Technology, said that there is a gap of more than 10 times in computing power between China and the US, but this gap can be bridged. On the one hand, it is due to the rapid development of domestic chips, and secondly because computing power is a commodity and investment attributes are relatively strong. As long as they are willing to invest, the gap between China and the US has a chance to narrow. Xu Bing also mentioned that currently the best talent in the AI industry is in the US because the US has the greatest computing power, but if China can fill the gap, talents will also flow to the Asian market. In the long run, there won't be much of a gap between China and the US, and 100 trillion billion-dollar enterprises will emerge in China.