China Subsidizes Big Data, AI Projects for Technological ProgressPosted: December 31, 2017
SCMP says in its report “The big data and AI projects China is pinning its global tech ambitions on” on December 29, “The country’s top planning agency is backing 56 projects to help turn the nation into a tech powerhouse”
In October China’s National Development and Reform Commission (NDRC) launched the national program to promote “internet plus, artificial intelligence and the digital economy” and called for submissions.
It accepted a first batch of 56 projects as qualified for its subsidies if there is no objection in the next week.
Among the 56 projects are robot projects at Shenzhen UBTECH Robotics and Shandong-based Synthesis Electronic Technology, development of facial and voice recognition systems by Beijing Zhongdun Security Technology Development, CloudWalk Technology in Guangzhou and other two enterprises and some big data projects including the project of a China-Russia big data office in Harbin, a digital trade platform between China and the Association of Southeast Asian Nations, and an e-commerce platform between China and the Middle East.
According to NDRC, the artificial intelligence projects chosen focus on mass production of smart chips, facial and voice recognition systems, drones, and advanced intelligent service robots.
China is now blazing new trail in technology development instead of merely following US trend.
Comment by Chan Kai Yee on SCMP’s report, full text of which can be found at http://www.scmp.com/news/china/economy/article/2126029/big-data-and-ai-projects-china-pinning-its-global-tech-ambitions.