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China's artificial intelligence is gaining momentum

In recent years, with the continuous implementation of policies related to artificial intelligence (hereinafter referred to as "AI"), continuous breakthroughs in core technologies, and the gradual formation of industrial integration, China's artificial intelligence development has attracted worldwide attention. According to statistics from International Data Corporation (IDC), the global artificial intelligence market size will reach USD 37.5 billion in 2019, and the Chinese AI market is expected to account for 12% of the world's, becoming the world's second largest single AI market, and the market size will maintain rapid growth.

"This is an amazing improvement"

In June of this year, the MIT Technology Review, which was published in 1899, officially unveiled the "50 Smart Companies" list for 2019 in Hangzhou, Zhejiang. Compared with previous years, this list has attracted much attention for the first time based on the concept of "Chinese Fulcrum". In this list, AI is almost ubiquitous, and China's forces have appeared collectively: Huawei, DJI, Ubisoft, Ziguang Group, Horizon, HKUST Xunfei, Minglue Technology and the "Four Little Dragons in Artificial Intelligence" , Yuncong, and Yitu) are on the list.

The Cambridge 2019 "AI Panorama Report" released in June of this year pointed out that the development of AI technology worldwide has begun to accelerate, and the rise of China's AI is particularly alarming. This year's report has a new chapter dedicated to the progress of China's AI technology in daily consumption, robotics, and semiconductors.

According to an article in the Wall Street Journal, China is at the forefront of the development of face recognition technology. The article points out that, in terms of popularizing mobile payments, Chinese companies are trying to get people to make payments by simply looking at the screen through their smartphones.

According to a Japanese "Nikkei Asian Review" article, Chinese companies have dominated the face recognition field, and their rankings in terms of industry application scale and accuracy are rising. In the 2018 ranking released by the National Institute of Standards and Technology, three Chinese institutions ranked in the top five. This is an amazing improvement compared to 2013.

Face recognition technology is just one of the applications of AI in many industries. In the fields of financial services, news media, medical education, etc., China's AI is increasingly integrated with various industries.

Singapore's Straits Times reported that Xinhua News Agency and Sogou launched the world's first AI synthetic female anchor, which is a newly upgraded standing AI synthetic anchor. The article reviews the world's first AI synthetic anchor jointly released by Xinhua News Agency and Sogou during the Internet Conference last year. Today, the two AI synthetic anchors have broadcast more than 10,000 minutes and participated in many important reports such as the Fifth Internet Conference.

The British "Financial Times" reported that at the "2019 Yunqi Conference", Alibaba officially released a new "Hanguang 800" AI chip. According to reports, the computing power of one "including 800" is equivalent to 10 GPUs.

"It's time to embrace AI development"

"It's time for China to embrace the development of AI." According to US Internet Industry News blog VentureBeat, in July 2017, the State Council of China issued an ambitious policy blueprint that plans to expand China's core AI industry to 150 billion by 2020 Yuan (about 24 billion U.S. dollars), reaching 400 billion yuan (about 63 billion U.S. dollars) by 2025, making China the "main world's major AI innovation center" by 2030.

According to the US Cable Magazine, governments around the world are actively supporting AI innovation, but no country has issued a system plan and is capable of accomplishing tasks like China. Not only does China have a strategy, it also has concrete implementation projects.

The British "Economist" weekly reported that in order to understand why China has performed so well in the field of AI, it is necessary to consider the input side of AI. Judging from the two most basic elements of computing power and capital, China has abundant resources.

According to the British "Financial Times" website report, McKinsey Chairman and Global President Bao Damin believes that China has huge potential in the AI field. One of the most fundamental reasons is the huge amount of data. With the improvement of computing technology and the development of mobile Internet, more data can be collected, and AI is changing from conception to applicable reality.

AI technology innovation is also the focus of foreign media attention. Latin American News Agency reports that the World Intellectual Property Organization report shows that China's global innovation index rankings rose by 3 places in 2019, ranking among the top countries in the world for innovation. China is relying on technologies such as AI, virtual reality and big data to support sustainable development.

The "Top 100 Intellectual Property Competitiveness of Chinese AI Companies" released by the Hurun Research Institute has quantitatively evaluated more than 500 Chinese AI mainstream companies. According to the list statistics, China has gradually become the main source country of computer vision, natural language processing, and machine learning patent applications. As of 2018, the total number of patent applications of Chinese companies in these three fields ranked first in the world.

"German Voices" quoted Paul Schall, a senior research fellow at the New American Security Center in Washington, DC, as saying that business enterprises are one of the main factors driving China's AI field. "There are many top AI companies in China, such as Alibaba, Baidu, and Tencent.They have a growing entrepreneurial culture and are actively increasing human capital through STEM education (science, technology, engineering, mathematics)."

"Promising to be the global leader in AI"

American futurist Amy Weber wrote that within 10 years, all technologies from daily business to genome coding will be deeply integrated with AI in some way. China is expected to become an undisputed global leader and inject vitality into the future technology ecosystem. This will affect every business.

According to the US CNBC website, the AI chips launched by Alibaba and Huawei highlight China's ambition to create a local semiconductor industry. China plans to achieve a self-sufficiency rate of 70% by 2025.

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