Wednesday, January 20, 2021
Tags AI

Tag: AI

Economy

R&D Spending in China Rises 14% in 2017, Equals 2.1% of GDP

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Chinese spending on scientific research and development posted a year-on-year increase of 14% to hit 1.76 trillion yuan (approx. USD$279 billion) in 2017, according...
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Economy

China to Build USD$2.1 Billion Artificial Intelligence Research Park in Beijing

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China plans to build a 13.8 billion yuan (USD$2.1 billion) research facility dedicated to artificial intelligence in the Mentougou district of western Beijing. The state-owned...
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Economy

Artificial Intelligence Could Take Over 16% of Jobs in China by 2030

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A new report from McKinsey says up to 16% of jobs in China could be taken over by automated machines as a result of...
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Economy

China to Establish Standardised Assessment System for Artificial Intelligence

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Beijing hopes to spur the development of its artificial intelligence sector via the establishment of a standardised assessment system. Economic Information Daily reports that the...
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Economy

China Ploughs Over $1bn into Artificial Intelligence and Strategic Tech Sectors

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The "Made in China 2025" plan has seen more than USD$1 billion invested in artificial intelligence and strategic tech sectors since its launch in...
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Fintech

JD.com Founder Richard Liu Says AI Could Soon Make True Communism a Reality

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The founder of one of China's leading e-commerce platforms has said that rapid advances in the field of artificial intelligence could soon make the...
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Most Read

KPMG Releases List of China’s Top 50 Fintech Companies in 2020

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Accounting giant KPMG has just released its latest list of the leading fintech companies in China.
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China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

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The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...
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Beijing Aims for Internet of Things Security Standards by 2022

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The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...
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TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

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Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...
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