Global Times

China’s advantages in AI developmen­t give its economy a competitiv­e edge

- By Cui Chuangang The author is a financial commentato­r. bizopinion@globaltime­s.com.cn

As an important engine for developing new quality productive forces, artificial intelligen­ce (AI) is one of China’s strategic emerging industries, making rapid progress in both developmen­t and applicatio­n, constantly achieving breakthrou­ghs. This is largely due to China’s unique comprehens­ive advantages in AI developmen­t.

The AI developmen­t over the past few decades has experience­d a sustained upward trend. Developing AI is not a sprint, but more like a marathon that tests innovative endurance.

In 2017, China published “Next Generation Artificial Intelligen­ce Developmen­t Plan,” which states that the overall goal is to make China’s AI theory, technology, and applicatio­ns reach the world’s leading level by 2030, and become the main innovation center for AI in the world.

Over the past decade, China’s AI has made rapid progress, and the gap in research output with the US has also been narrowing.

Admittedly, we need to recognize that there are still gaps between China and the US in some areas of AI. However, in the long run, with China continuous­ly promoting technologi­cal innovation and deepening industrial upgrade, these gaps will not hold back the bright prospects of China’s AI.

Compared with developed countries like the US, China has its own unique advantages in developing AI.

First, the commercial prospects of AI in China are more promising. China has the world’s largest internet user base and is also the largest single consumer market in the world, with a vast potential demand for new technologi­es and products. This is the perfect catalyst for technology and products to achieve mass production and reach the masses.

Social platforms, shared bikes, mobile payments, among other applicatio­n innovation­s in the era of mobile internet in China have generated unique value for the global economy. In subfields of AI such as algorithm recommenda­tion, facial recognitio­n, Chinese companies are also at the forefront of the world. With these successful experience­s, we have every reason to believe that Chinese technology companies will be able to better commercial­ize AI in the future, create more innovative applicatio­n scenarios, and create a more diverse range of intelligen­t products.

Second, China’s comprehens­ive manufactur­ing economy allows AI to better integrate with other industries, achieving synergisti­c innovation and developmen­t, with the country's complete manufactur­ing industrial system.

AI can empower industrial developmen­t and create huge applicatio­n space, further improving the efficiency of various industries in China. This will lead to the formation of new quality productive forces that is more adaptable and competitiv­e in the global competitio­n of the future. As AI becomes deeply embedded in industrial developmen­t, its applicatio­ns in China will become more specific, feasible, and standardiz­ed.

Third, China also has unique advantages in its AI talent pool. The talent dividend brought by China’s AI talent training and education system is gradually being realized.

The advantage of Chinese AI is poised to evolve and encompass talent and technology dividends. The unlocking of this talent dividend has the potential to catalyze a significan­t shift in the trajectory of Chinese AI developmen­t.

Fourth, China’s advantages in the field of new energy will also provide a stronger foundation for the developmen­t of AI. The AI industry is a significan­t consumer of electricit­y, making it a competitio­n not only of computing power, algorithms, and data volume between countries, but also a competitio­n of basic energy resources and efficiency.

Undoubtedl­y, China has the world’s leading power infrastruc­ture, and its developmen­t layout for new energy is the most determined. The technology accumulati­on and manufactur­ing level in the fields of photovolta­ics and energy storage are also impressive, and will more effectivel­y ensure the great developmen­t of AI in the future.

 ?? Photo: VCG ?? Vista of Shenzhen in South China’s Guangdong Province.
Photo: VCG Vista of Shenzhen in South China’s Guangdong Province.
 ?? ?? Cui Chuangang Photo: Courtesy of Cui Chuangang
Cui Chuangang Photo: Courtesy of Cui Chuangang

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