[Morgan Stanley's Gokul Laroia: China's AI Ecosystem Holds Trillions of Dollars in Incremental Opportunities] According to a report by Jinse Finance, on June 17, Morgan Stanley Asia CEO and Global Co-Head of Equities Gokul Laroia stated at the Lujiazui Forum that global investors are showing increasing interest in the Chinese market. China, apart from the United States, is the only market with an independent and comprehensive AI ecosystem, and this ecosystem is continuously evolving. From semiconductor localization to data centers and cloud service providers, to large language models, and further to applications—including digital applications and physical applications such as humanoid robots—all are advancing. Laroia revealed that during interactions with many companies in China, he found that hundreds of companies are involved in the innovation and construction of this AI ecosystem, each with the potential to create significant value. He estimated that the entire ecosystem has the potential to generate an incremental market value of $3 trillion to $4 trillion.