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CNBC's The China Connection newsletter: A tech boom is underway

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From new artificial intelligence models to the world's largest auto show, Chinese tech companies are flaunting new developments thick and fast.

Generative AI and supportive Chinese policy support have both played a role in boosting the tech sector.

"We're seeing a significant acceleration in AI investment in China ," said Tim Wang , co-founder of Hong Kong -based Monolith Management , where he manages a $400 million public equity fund.

China has many policies to help startups connect with local suppliers and receive financing.

China is ramping up its alternative energy development to reduce reliance on U.S. crude.

China didn't meet all its lofty "Made in China 2025 " targets set a decade ago .

Chinese and Hong Kong stocks swung between gains and losses in a choppy session Wednesday .