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Scale of Chinese Artificial Intelligence Core Industry has Approached 600 Billion Yuan

In the era of rapid technological development, artificial intelligence (AI) has become a new engine to promote structural change in the global economy. China's development in this field is particularly eye-catching, with the scale of its core AI industry approaching 600 billion yuan, demonstrating its competitiveness and influence in the global AI industry.

The rapid growth of Chinese's artificial intelligence industry benefits from the strong support of national policies and the active participation of the capital market. The government not only gives preferential treatment in terms of funds and taxes, but also provides a solid foundation for talent training and innovation platform construction. According to the "Panorama of Chinese's AI Industry in 2024", China's AI enterprises are mainly distributed in the tertiary industry, of which information transmission, software and information technology services account for the highest proportion, which shows that China has made significant progress in the application and commercialization of AI technology. At the same time, smart city and enterprise intelligent management are the main areas of AI technology application, which helps to improve the efficiency of urban management and the operational efficiency of enterprises.

Figure: The scale of Chinese's artificial intelligence core industry has approached 600 billion yuan (Source: Electronic technology application)

Technological innovation is another driving force for the development of China's AI industry. Chinese companies have made breakthroughs in core technologies such as smart chips, large models, infrastructure, and operating systems, and the development of these technologies has not only improved the performance of AI products, but also provided impetus for the intelligent upgrading of the industry. For example, Huawei's AI chips and solutions have been applied in many fields, promoting the intelligent transformation of the industry.

Talent training is the cornerstone of supporting the development of China's AI industry. The release of the "Artificial Intelligence Innovation Action Plan for Colleges and Universities" aims to optimize the AI science and technology innovation system and discipline system of colleges and universities, improve the quality of talent training, and provide a steady stream of innovative talents for the AI industry. At the same time, the strengthening of international exchanges and cooperation provides a broad vision and cooperation opportunities for the global development of China's AI industry.

Looking ahead, Chinese's artificial intelligence industry is expected to continue to maintain steady growth. With the continuous advancement of technology and the deepening of applications, AI will be more widely integrated into all aspects of society, promoting the economy and society into the era of intelligent economy. It is expected that by 2029, the scale of Chinese's artificial intelligence industry will exceed the trillion mark, and the goal of 2030 in the "New Generation Artificial Intelligence Development Plan" will be achieved ahead of schedule.

In summary, the development of Chinese's artificial intelligence industry has shown a vigorous upward trend, and the dual drive of policy support and technological innovation has provided solid support for China's position in the global AI industry. With the continuous expansion of the market and the continuous maturity of technology, China is expected to achieve more brilliant achievements in the era of artificial intelligence.


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