Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, October 1 (Xinhua) — As of September this year, there were more than 5,300 artificial intelligence (AI) companies in China, accounting for 15 percent of the global market, according to the China Academy of Information and Communications Technology (CAICT).
According to statistics, by the end of 2024, the scale of China's AI industry will exceed 900 billion yuan (approximately 126.7 billion US dollars), which is 24 percent more than the previous year.
The country's AI sector has developed a complete production chain, encompassing core infrastructure, model architecture, and industry applications. According to the academy, revenues from these segments grew by 54 percent, 18 percent, and 13 percent year-on-year, respectively, last year.
Intelligent equipment, represented by smartphones and AI-powered computers, as well as intelligent connected vehicles, is experiencing rapid growth, the academy added.
China is making ongoing efforts to promote the transformation of the digital economy into a smart economy and intelligent society. Earlier this year, the country published guidelines for the deep implementation of the "AI Plus" initiative, aimed at strengthening AI-supporting infrastructure and accelerating the integration of AI technologies across socio-economic sectors.
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