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CNBC's The China Connection newsletter: AI integration gives China supply chains an even greater advantage

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Chinese companies are typically eager to adopt new technologies.

Beijing released an "action plan" for digital supply chain development by 2030 .

" Chinese companies are a real force in the world," said Karel Eloot from McKinsey .

China installed seven times more robots than the U.S. in 2023 , accounting for more than half of industrial robots.

Chinese tech giant Alibaba announced a strategic partnership with business management system giant SAP last week .

Alibaba Cloud support for SAP 's supply chain management system, and plans to test integrating Alibaba 's Qwen AI model with SAP 's applications in China .

Chinese and Hong Kong stocks edged up Wednesday as Asia-Pacific markets tracked a tech rally in Wall Street.