AI giving China edge in business

Nation at forefront of technology; recognizes nascent sector as essential tool in fostering new quality productive forces, growth

China's accelerated efforts to boost the application of fast-evolving artificial intelligence in a wide range of sectors will help the country gain a competitive edge in tech frontiers and create immense business opportunities for investors amid external uncertainties, said experts and entrepreneurs.

China, they said, is at the global forefront in the development and application of AI technology, which has become a vital force bolstering its economic development and industrial upgrades, as the country recognizes AI as an essential tool in fostering new quality productive forces and building up new growth drivers.

The country's super-large market, robust engineering talent pool and thriving innovation ecosystem will underpin its capacity to drive technologies from research labs into the industrial arena, they added.