AI seen as key to high-quality growth

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The story "AI seen as key to high-quality growth" was covered 3 days ago by The Star, a news publisher based in Malaysia.

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The Star 3d ago

AI seen as key to high-quality growth - The Star

Quick Summary:

China's emphasis on advancing the application of fast-evolving artificial intelligence technology in a wide range of industries will inject new momentum into the country's high-quality economic growth and create enormous opportunities for multinational corporations to invest in the country, said government officials and business executives.

Executives attending the forum also hailed China's efforts in bolstering technological innovation and cultivating new growth drivers.

China's AI sector will make big strides in the next 10 to 15 years, with its market size reaching 1.73 trillion yuan ($238.4 billion) by 2035, accounting for 30.6 percent of the global total, said market research company CCID Consulting.