Artificial Intelligence in China: The Current State of Industry and Development Trends

Abstract

Currently, in many countries of the world, developments in the field of artificial intelligence are given priority. Among the main countries competing for leadership in this area, China is gaining more and more weight, surpassing the United States of America in America who is considered the undisputed market leader. Despite tight government control and generous financial support for the artificial intelligence sector, which leads to the industry’s boom, China faces certain difficulties in developing this high-tech industry. Some of these difficulties are due to historical factors, while others are due to the state of the industry’s market. The country’s leaders are planning to overcome some of them by reforming related industries and introducing specific approaches to strengthen the position of Chinese companies involved in developments in machine learning, deep learning, natural language processing, computer vision fields, as well as working on projects in the field of big data analysis, autonomous intelligent systems, etc. This article provides an overview of the current state of the artificial intelligence industry in China and analyzes the recent trends of this market in China.