Reuters logo
China forecasts artificial intelligence industry to exceed 400 billion yuan by 2025
July 20, 2017 / 9:49 AM / in 3 months

China forecasts artificial intelligence industry to exceed 400 billion yuan by 2025

BEIJING (Reuters) - China unveiled a national artificial intelligence (AI) development plan on Thursday, and said it expects the value of its core AI industries to exceed 150 billion yuan by 2020 and 400 billion yuan ($59.07 billion) by 2025.

A security guard walks past robots at 2017 China International Robot Show in Shanghai, China July 5, 2017. REUTERS/Aly Song

China will look to be an international leader in AI technology by 2025 and will encourage cross-border cooperation as part of the strategy, China’s State Council said in a notice on its website on Thursday.

It follows the release of a similar national AI development plan released by the United States in October last year.

($1 = 6.7719 Chinese yuan renminbi)

Reporting by Cate Cadell; Editing by Christian Schmollinger

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below