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China Daily / 2024-12 / 30 / Page001

COUNTRY HEADS CHARGE FOR AI COMPETITIVE EDGE

By FAN FEIFEI | China Daily | Updated: 2024-12-30 00:00

Domestic tech heavyweights competing with, overtaking industry's global leaders

As the latest tech frontier, the fast development of artificial intelligence is poised to play a pivotal role in driving China's industrial upgrade, experts and business leaders said.

Continuous technological advancements and increased application across a wide range of fields are also expected to give fresh impetus to the country's high-quality economic growth. Multimodal AI-powered large language models, or LLMs, which can process and generate content across multiple modalities — including text, images, audio and video — will lead further development of the AI industry, and bolster the revolution in industries such as computing power, servers and chips, they added.

Meanwhile, Chinese tech companies' investment in state-of-the-art AI technology, which all major economies are scrambling to establish a beachhead in, is experiencing a robust upward trend, with sustained growth projected in the coming years.

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