Artificial intelligence powering China’s economic and social development

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In the past few years, artificial intelligence (AI) has become the most active area of ​​global digital technology innovation, a new track for the digital economy and a new hotspot for international competition. AI is driving sweeping technological change and reshaping industry around the world. Against this background, the 2023 World Artificial Intelligence Conference will be held in Shanghai from July 6 to 8.
It is being told that the number of exhibitors and exhibition area in this General Assembly is the largest ever. The 50,000-square-meter main exhibition covers large-scale models, chips, robots, intelligent driving, etc., and more than 400 companies and more than 50 outstanding start-up companies will participate, with more than 30 new products displayed for the first time Will go
China is one of the fastest growing countries in the AI ​​field in the world. In the past few years, China has attached great importance to the development of AI and has introduced a number of policies to support and promote the development of the AI ​​industry, such as financial support, tax incentives, and talent introduction.
According to statistics, the scale of China’s AI market will reach 268 billion yuan in 2022, and the scale of China’s AI market is expected to reach 320 billion yuan in 2023. And AI development will contribute about 0.8 to 1.4 percent annual growth rate to China’s economy. Today, AI technology is widely used in various industries in China. From basic industries such as manufacturing, transportation and energy to people’s daily lives, AI has driven digital transformation and brought about many changes in human society.
As a strategic technology leading the new round of science and technology revolution and industrial transformation, AI is accelerating the empowerment of various industries and providing new momentum for the high-quality development of China’s economy and society .
(Credits-China Media Group, Beijing)

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