NVIDIA founder and CEO Jensen Huang characterized China's artificial intelligence industry as "vibrant" during a Beijing media briefing on July 15, marking his third trip to the country this year. Invited by the China Council for the Promotion of International Trade, Huang will attend the third China International Supply Chain Expo opening ceremony on July 16 alongside related engagements.

Huang welcomed the U.S. government's decision to lift export restrictions on H20 chips, enabling NVIDIA to resume supplying the Chinese market. "China's semiconductor technology is advancing at remarkable speed," he noted, referencing Washington's April ban on H20 sales that was formally reversed on July 15. China's Foreign Ministry promptly responded, reiterating opposition to "politicizing technology and trade" through containment tactics that destabilize global supply chains.

The tech pioneer reserved particular praise for Chinese AI model DeepSeek, hailing it as a groundbreaking innovation. "This represents an AI revolution," Huang asserted. "Unlike conventional models, DeepSeek performs multi-step reasoning at exceptional speeds. It's the world's first open-source AI inference system."

Citing China's concentration of global AI talent, Huang attributed the sector's dynamism to both exceptional researchers and returning scientists. "Half the world's AI researchers reside here," he observed. "Young entrepreneurs are fueling extraordinary vitality across China's innovation ecosystem."

When questioned about wearing his signature leather jacket in Beijing's summer heat, Huang quipped: "My suit wasn't dry-cleaned in time. I've only got one, and it's seen better days. Hopefully the jacket passes muster."