Jiaxing races to build $15 billion media hub, banking on AI tools
The city’s large-scale audiovisual sector generated 16.28 billion yuan in revenue in the first quarter of 2026, up 15.9% from a year earlier.
The city’s large-scale audiovisual sector generated 16.28 billion yuan in revenue in the first quarter of 2026, up 15.9% from a year earlier.
The launch comes as AI video tools face weak user retention and uncertain monetization on the consumer side, pushing the industry toward enterprise workflows and B2B use cases.
During this year’s Lunar New Year holiday season, AI-produced dramas accounted for nearly 30% of short-drama views, according to industry estimates cited by organizers.