Saturday, October 31, 2020
Tags AI

Tag: AI

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

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...

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

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...

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

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

China to Establish Standardised Assessment System for Artificial Intelligence

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...

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

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...

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

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...

Most Read

Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...