Visitors look at a bionic robot at an exhibition during the 2017 national mass innovation and entrepreneurship week in Beijing last month. China’s spending on technology R&D rose 10.6 per cent to 1.57 trillion yuan($238.1 billion) in 2016, equivalent to 2.1 per cent of total GDP that year. Photo: Xinhua

China aims to outspend the world in artificial intelligence, and Xi Jinping just green lit the plan

China’s State Council laid out goals in July to build a domestic artificial intelligence industry worth nearly US$150 billion in the next few years, and to make the country a “innovation centre for AI” by 2030. Xi’s speech gave the official imprimatur to the plan.

Topic |   China's leadership reshuffle 2017

TOP PICKS

Visitors look at a bionic robot at an exhibition during the 2017 national mass innovation and entrepreneurship week in Beijing last month. China’s spending on technology R&D rose 10.6 per cent to 1.57 trillion yuan($238.1 billion) in 2016, equivalent to 2.1 per cent of total GDP that year. Photo: Xinhua
READ FULL ARTICLE