Economic Daily: AI Toys Spark a New Wave in Consumer Spending

The Economic Daily reported that recently, in “Global Supermarket” Yiwu, toys equipped with artificial intelligence technology are becoming popular both domestically and internationally. With features like voice interaction and information retrieval, these talking, storytelling toys are not only increasing in both sales and price in markets such as Europe, America, and Southeast Asia, becoming a new engine driving Yiwu’s export growth, but are also rapidly gaining popularity in the domestic market. Many entrepreneurs are rushing to select products overnight, and many parents are happy to pay for high-quality companionship for their children. “Black technology” is turning into a “new playmate” that children love to hold onto. The explosive popularity of AI toys not only opens new profit margins for businesses but also reflects China’s manufacturing shift toward higher value-added fields. A small toy witnesses China’s industrial chain advancing toward innovation. (The Economic Daily)