The Politburo, the prime decision-making body headed by President Xi Jinping, said in late April that China “should attach importance to the development of artificial general intelligence, create an innovative ecology and pay attention to risk prevention”, SCMP added.
In its “Annual Report on the Development of New Generation Artificial Intelligence (2022-2023)”, the China Economic Information Service also said China’s AI technology has entered the global top tier, with around 16 per cent of the world’s related companies.
Professional services firm PwC said earlier that China will benefit the most from AI, with the technology set to contribute to a 26 per cent increase in its gross domestic product by 2030.