China plans to be world leader in Artificial Intelligence

Written by on July 21, 2017 in News with 0 Comments
China AI

Robots are displayed at 2017 China International Robot Show in Shanghai, China. REUTERS/Aly Song

BEIJING (Reuters) – China unveiled a national artificial intelligence (AI) development plan on Thursday, laying out its ambitions to build world-leading technology amid heightened international friction over applications of AI in military technology.

The value of the country’s core AI industries will exceed 150 billion yuan ($22.15 billion) by 2020 and 400 billion yuan ($59.07 billion) by 2025, the State Council said in a notice on Thursday.

“The situation with China on national security and international competition is complex… we must take initiative to firmly grasp this new stage of development for artificial intelligence and create a new competitive edge,” it said.

The plan comes as the United States is poised to bolster its scrutiny of investments, including artificial intelligence, over fears that countries including China could access technology of strategic military importance.

It follows a similar national AI development plan released by the U.S. in October last year.

The report says China aims to catch up to global leaders by rectifying existing issues including a lack of high-end computer chips and equipment, software and trained personnel.

It outlines strategic plans to strengthen links between private firms, research bodies and military bodies to promote mutual development in AI.

It also says it will increase the role of government in guiding development of AI with policy support and market regulation as well as developing AI safety assessments and control capabilities.

China has already begun investing heavily in artificial intelligence technology, including a mix of private and state-backed initiatives.

Several top Chinese firms have established research bases in the U.S., including Baidu Inc and Tencent Holdings Ltd.

This year AI was named as a strategic technology by Chinese Premier Li Keqiang in an annual report that lays out the most important leadership priorities.

(Reporting by Cate Cadell; Editing by Christian Schmollinger)

Tags: ,

Reuters

About the Author

About the Author: Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. .

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top