'New infrastructure' to boost industrial momentum
Cutting-edge technologies such as artificial intelligence will play an important role in reshaping a wide range of sectors, amid China's efforts to accelerate the construction of "new infrastructure" to inject new vitality into traditional industries, industry experts said on Tuesday.
Speaking at the opening ceremony of the 3rd Smart China Expo, Robin Li Yanhong, CEO of Chinese tech giant Baidu Inc, said intelligent technologies could bring a big change to the automotive industry. As infrastructure becomes more intellectualized, the efficiency of urban transportation will be enhanced.
"We hope to basically eliminate traffic jams and (significantly) reduce accident rates within 10 years," Li said in a speech via videolink.