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China Advances as a Leading Global AI Innovation Hub

China Advances as a Leading Global AI Innovation Hub

Beijing, April 06, 2024, The Europe Today: In recent years, China has placed significant emphasis on the development of artificial intelligence (AI) technologies, aiming to position itself as a major global AI innovation center by 2030. A comprehensive strategy has been implemented to leverage AI across various sectors, including education, healthcare, logistics, agriculture, and entertainment.

The country’s ambitious development plan targets the growth of the AI industry, with goals set for both core AI sectors and related industries. China envisions its AI core industry exceeding 1 trillion yuan (approximately 140.9 billion U.S. dollars) by 2030, accompanied by related industries surpassing 10 trillion yuan.

To achieve these objectives, China has rolled out extensive policies focused on scientific and technological research and development (R&D), application promotion, and industrial development, addressing critical challenges in AI application and industrialization.

Local governments are also actively integrating innovation resources to accelerate AI technology development and foster related industries. Beijing, recognized as a hub of AI innovation, houses approximately 28 percent of China’s 2,200 AI enterprises. The city has implemented detailed plans to bolster its AI industry, with the aim of reaching a core industry scale of 300 billion yuan by 2025.

Furthermore, regions such as Guangdong, Shanghai, Jiangsu, Anhui, and Sichuan are seizing AI opportunities by establishing strategic initiatives. For instance, Shenzhen in Guangdong plans to establish a national pilot zone for AI innovation and application. Similarly, Shanghai is promoting high-quality AI development, with over 20 AI large models already integrated into local industrial applications.

According to sources from China’s Ministry of Industry and Information Technology, the total scale of China’s AI core industry has already reached 500 billion yuan, with more than 4,300 related enterprises contributing to the vibrant AI ecosystem.

Despite these advancements, experts acknowledge existing challenges, such as gaps in underlying algorithms, key hardware and software, and AI ecosystem development compared to other countries. They emphasize the importance of collaboration between the scientific community and enterprises to drive technological advancements and industrial transformation.

Liu Qingfeng, Chairman of iFlytek, views AI as a strategic technology pivotal in fostering new industries through the integration of digital technology with the real economy. He highlights China’s comparative advantage in voice and medical large models.

Dai Qionghai, Chairman of the Chinese Association for Artificial Intelligence and a professor at Tsinghua University, underscores the need to deepen AI talent training, enhance basic research, and strengthen original innovation through policy, mechanisms, and investment.

China’s AI landscape reflects a dynamic environment characterized by rapid growth, ongoing innovation, and concerted efforts to address critical challenges. As the nation continues to invest in AI development, it remains poised to play a leading role in shaping the future of global AI innovation and application.

For more updates on China’s AI advancements and industry developments, stay tuned for further insights and progress reports from official sources and industry leaders.