From DeepSeek to Kimi K3, China's AI industry is entering a new phase of rapid development. Wu Chaoze, Member of the Executive Committee at China Securities and Head of the CSC Future Industries Institute, shares key insights into what is driving this momentum — from open-weight models and AI computing to domestic market demand and homegrown innovation. (Produced by Han Xiaomeng, Zhu Yingqi, interns Liu Xinru, Deng Jinghao and Zhou Huiru)