China Vows to Become an Artificial Intelligence World Leader
China is betting big on artificial intelligence (AI). On July 20, China published a new grand plan on developing its AI industries, claiming that the development of AI has been raised up to the level of national strategy. The newly-published plan was issued by China’s State Council, demonstrating that the plan is approved and promoted by the highest levels of the central government. The plan sets three strategic goals for China’s AI industry with specific figures. [Emphasis added below.] Enjoying this article? Click here to subscribe for full access. Just $5 a month. By 2020, Chinese AI technology and its application should reach the world’s advanced level; the AI industries should become a new significant economic growth point; several world-leading AI enterprises should have been nurtured; and the value of the country’s core AI industries should exceed 150 billion yuan ($22.15 billion) and that of the related industries should be more than 1 trillion yuan. By 2025, the basic theory for AI should achieve a major breakthrough; part of the technology and application should reach the world-leading level; and the value of the country’s core AI industries should exceed 400 billion yuan ($59.07 billion) and that of the related industries…
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