Real Numbers on China’s Artificial Intelligence Boom

Artificial intelligence (AI) certainly grabbed the global spotlight in 2017, at least in fields of information and communication technology, evoking much greater interest than other technologies such as the Internet of Things, 5G, and blockchain. From a long-term perspective, AI remains in the early stages of explosive growth. Many relevant companies and products have emerged and begun penetrating their respective industries. The rapid release of their potential will lay a solid foundation for technological innovation in the AI realm.

A new round of AI-driven technological and industrial revolution is sprouting in China. The fast development of AI, virtual reality and other technologies, as well as the integration of the virtual economy and the real economy, have brought fundamental changes to production methods and lifestyles.