Plan to put China in AI in­dus­try van­guard

China Daily (Hong Kong) - - TOP NEWS - By MA SI masi@chi­nadaily.com.cn

China aims to build a 1 tril­lion yuan ($147.9 bil­lion) ar­ti­fi­cial in­tel­li­gence in­dus­try by 2030, as the coun­try scram­bles to lead the world in re­search and ap­pli­ca­tion of the cut­tingedge tech­nol­ogy, a new plan said on Thurs­day.

The na­tional AI devel­op­ment plan, pub­lished on the State Coun­cil’s web­site, de­tailed a three-step strat­egy to achieve the am­bi­tious goal. It high­lights China’s de­ter­mi­na­tion to achieve break­throughs in core AI tech­nolo­gies and ac­cel­er­ate its ap­pli­ca­tion in the man­u­fac­tur­ing, ser­vice, agri- cul­ture and other sec­tors.

To achieve the goal, the AI in­dus­try in China is ex­pected to ex­ceed 150 bil­lion yuan in 2020, putting the coun­try on par with lead­ing pow­ers in the tech­nol­ogy and its ap­pli­ca­tion. The cur-

rent mar­ket size for China’s AI in­dus­try was not dis­closed.

The plan said more ef­fort will be made to achieve break­throughs in fun­da­men­tal re­search and tech­nolo­gies. By 2025, China aims to more than dou­ble the 2020 tar­get of its AI in­dus­try to 400 bil­lion yuan. AI will be a ma­jor driver of in­dus­trial up­grad­ing, widely used in

man­u­fac­tur­ing, smart city plans, agri­cul­ture, de­fense and other sec­tors.

Xiang Yang, an AI ex­pert at the China Cen­ter for In­for­ma­tion In­dus­try Devel­op­ment, said the am­bi­tious plan will mo­ti­vate com­pa­nies and uni­ver­si­ties to step up their re­search and devel­op­ment in AI.

“It will have roughly the same im­pact on in­dus­try as the gov­ern­ment’s Made in China 2025 ini­tia­tive has had on the man­u­fac­tur­ing sec­tor,” Xiang said.

Con­sul­tancy firm Price­wa­ter­house­Coop­ers fore­casts that AI-re­lated in­dus­tries will boost China’s GDP by as much as 26 per­cent in 2030.

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