According to data from Tech in Asia and forecasts by AskCI Consulting, China’s AI toy industry is projected to reach a staggering 85 billion yuan (approximately $12 billion) by 2030.
This explosive growth signifies more than just impressive financial figures; it marks a fundamental shift in how children interact with toys. Once mere silent companions in a child’s imagination, stuffed animals are now coming to life, thanks to the integration of advanced AI chatbots.
AI-powered stuffed bear for children.
Leading this charge are tech giants like Huawei, JD.com, and UBTech, who are making AI tangible and more accessible than ever.
A prime example is Huawei’s AI Pet, also known as Smart Hanhan, which sold over 10,000 units in its first week of launch.
The key differentiator lies in its two-way interaction capabilities, enabled by integrated speakers, microphones, and a circular screen in its eyes, allowing for a range of expressive animations.
Powered by Huawei’s proprietary AI chatbot on HarmonyOS 5, this toy not only responds to touch and voice commands but also remembers past conversations, learning and adapting to its owner over time.
The ability to program voice tones and reactions based on user mood elevates AI Pet beyond a typical electronic toy, though this also creates a certain level of “lock-in” within Huawei’s ecosystem.
AI-integrated toys also pose risks such as data privacy breaches or potentially isolating children from the real world.
Similarly, JD.com, a leading Chinese e-commerce company, launched its own line of AI-powered stuffed toys, JoyInside, just before Huawei’s release.
UBTech, a Shenzhen-based robotics company, introduced Meng UU, a small AI-powered doll, and Wukong, an educational and interactive robot toy.
However, experts raise concerns about the potential for these AI entities to expose children to inappropriate content and the adequacy of data privacy measures.
According to the Massachusetts Institute of Technology (MIT), these risks must be addressed as the global AI toy market explodes.
With approximately 1,500 companies operating in this space and investments reaching $3.5 billion in 2025, China is aggressively expanding its AI toy exports to international markets.
Therefore, stringent safety standards for smart toys have become crucial for China to achieve its $12 billion revenue target by 2030.
“AI’s IR Evolution: Unlocking the Challenges Within”
In recent years, artificial intelligence (AI) has become a buzzword across industries – from marketing and operations to risk management and market research. Investor relations (IR), a specialized field requiring a blend of financial expertise and communication skills, is also embracing this transformative wave.
BIDV Wins 3 International Awards for Customer Experience
With an unwavering dedication to innovation and delivering superior customer experiences, the Bank for Investment and Development of Vietnam (BIDV) has been recognized with three prestigious international awards. The bank was honored with the Platinum Award for “Excellence in Customer Experience” by the Contact Centre Association of Asia–Pacific (CC-APAC). In addition, BIDV also garnered two Gold Awards from the Contact Centre Association of Singapore (CCAS) in the categories of “Best Customer Experience” and “Best Social Media Service Contact Centre.” These accolades serve as a testament to BIDV’s commitment to raising the bar in customer satisfaction and digital innovation.
No more delays, “Economic information assistant” Askonomy brings a completely new way to read news
We are developing a revolutionary new media product that is a game changer in the journalism industry. From reading print newspapers to online news platforms and accessing content on smartphones, with Askonomy, readers actively participate in conversations, exchange information, and get the exact information they need.
