{"id":84619,"date":"2023-07-18T04:20:23","date_gmt":"2023-07-18T04:20:23","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/07\/18\/chinas-ai-industry-achieves-fruitful-outcomes\/"},"modified":"2023-07-18T04:20:23","modified_gmt":"2023-07-18T04:20:23","slug":"chinas-ai-industry-achieves-fruitful-outcomes","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/07\/18\/chinas-ai-industry-achieves-fruitful-outcomes\/","title":{"rendered":"China’s AI industry achieves fruitful outcomes"},"content":{"rendered":"

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A boy plays with a robotic dog at the 2023 World Artificial Intelligence Conference in Shanghai, July 6. (Photo by Chen Yuyu\/People\u2019s Daily Online)<\/p>\n

By Xie Weiqun, Shen Wenmin, Huang Xiaohui, People\u2019s Daily<\/p>\n

The World Artificial Intelligence Conference (WAIC) 2023 was held in Shanghai from July 6 to 8.\u00a0<\/p>\n

The event, joined by more than 1,400 guests and 400 exhibitors, covered an exhibition area of over 50,000 square meters. It hosted 133 themed forums, attracting\u00a0over 177,000 in-person visits. All of the above hit record\u00a0highs.<\/p>\n

The event was a magnet attracting investment and businesses. During the 2023 WAIC, 210 firms reached a total intended purchase amount of 11 billion yuan ($1.52 billion),\u00a0and 32 major projects were signed with\u00a0a\u00a0total investment of 28.8 billion yuan.<\/p>\n

The scale of China\u2019s core artificial intelligence (AI) industry has exceeded 500 billion yuan so far, with the number of AI enterprises exceeding 4,300. Intelligent chips,\u00a0AI\u00a0development frameworks and other innovations\u00a0keep emerging.\u00a0<\/p>\n

A staff member of an exhibitor drives a virtual figure with a motion-capturing device at the 2023 World Artificial Intelligence Conference in Shanghai, July 6. (Photo by Wang Chu\/People\u2019s Daily Online)<\/p>\n

The application scenarios of AI are seen everywhere, from people\u2019s daily life to enterprises\u2019 production, sales, services, and administration.<\/p>\n

\u201cOur equipment is designed for those with lower limb\u00a0disorders\u00a0in\u00a0their\u00a0early functional training,\u201d said a staff member of an exhibitor\u00a0who\u00a0brought\u00a0a\u00a0lower limb rehabilitation robot to the 2023 WAIC.<\/p>\n

The staff member said that the robot\u00a0provides users with correct sensory input and\u00a0helps prevent the development of abnormal gaits\u00a0through\u00a0rhythmic stimulation, vertical DOF (degree of freedom) and ground-walking\u00a0assistance. The robot\u00a0has been applied at many rehabilitation centers across China.<\/p>\n

Autonomous driving vehicles were a highlight of the event. On July 8, 15 unmanned vehicles manufactured by three enterprises obtained the first batch of road test licenses for unmanned intelligent connected vehicles issued by Shanghai\u2019s Pudong New Area.\u00a0<\/p>\n

A woman experiences\u00a0the\u00a0AI job interview at the 2023 World Artificial Intelligence Conference in Shanghai, July 6. (Photo by Wang Chu\/People\u2019s Daily Online)<\/p>\n

As relevant regulations are put into effect, autonomous driving in Pudong New Area is about to embrace an \u201cunmanned era.\u201d<\/p>\n

According to a report issued by the 2023 WAIC, China has witnessed prospering development of\u00a0its\u00a0AI industry, accelerating\u00a0relevant\u00a0infrastructure construction and in-depth integration\u00a0with\u00a0other industries over recent years.<\/p>\n

Statistics released at the conference showed that China\u2019s computing power ranks second globally. Thanks to the profound integration of AI and the manufacturing sector,\u00a0more than\u00a02,500 digital workshops and\u00a0smart factories\u00a0have been built across the country, which forcefully drives the digital, intelligent and green transition of the real economy.<\/p>\n

The application of AI-assisted scenarios is leading to rapid data growth.\u00a0Computing power,\u00a0as a key productive force in the era of\u00a0the\u00a0digital economy,\u00a0will\u00a0empower\u00a0all industries.<\/p>\n

The State Information Center of China said that 80 percent of scenarios will rely on AI in the future. How to build a solid foundation of computing power and making it a basic resource of AI development is a key factor driving the development of industrial ecology\u00a0and\u00a0promoting sci-tech innovation.<\/p>\n

According to preliminary estimation, the revenue of China\u2019s AI\u00a0computing core\u00a0industry will hit 4.4 trillion yuan by 2025,\u00a0with\u00a0related industries\u00a0up to\u00a024 trillion yuan.\u00a0<\/p>\n

Future development of computing power will feature inclusiveness and intelligence, said a report released at the 2023 WAIC. It noted that computing power will be able to forcefully drive the integration, sharing, development and application of data collected from different levels, regions and departments, and thus vitalize data assets.<\/p>\n

AI insiders and more than 80 renowned scholars held in-depth discussions on the topics of technology, industry and\u00a0humanities, focusing on intelligent chips, scientific intelligence, robotics, brain-like\u00a0intelligence, autonomous driving, rule of law and security as well as other frontier\u00a0research\u00a0areas.<\/p>\n

Insiders believe that as the AI industry keeps developing, enterprises\u00a0can\u00a0boost industrial development and lead high-quality AI development with strong computing power\u00a0through\u00a0systematic innovation and open source.<\/p>\n

As of the end of last year, the number of data center racks in use topped 6.5 million in China. Besides, the country was twice faster than the global average in terms of computing power improvement.<\/p>\n

A participant in the 2023 WAIC told People\u2019s Daily that the paradigm shift in AI technology leads to strong demands for intelligent computing, and the diverse reforms of computing systems are bringing new development opportunities.<\/p>\n

Given the structural gap in the supply of computing power, the AI industry is currently in a window period for deploying computing power, the participant said, adding that it is important to make computing power inclusive during the transition from extensive deployment to detailed planning, realizing\u00a0synergy and integration.<\/p>\n

China\u2019s\u00a0independent\u00a0computing enterprises\u00a0will\u00a0achieve faster and better development\u00a0with the help of intelligent computing centers, the participant added.<\/p>\n

Content created and supplied by: People\u2019sDaily (via Opera
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A boy plays with a robotic dog at the 2023 World Artificial Intelligence Conference in Shanghai, July 6. (Photo by Chen Yuyu\/People\u2019s Daily Online) By Xie Weiqun, Shen Wenmin, Huang Xiaohui, People\u2019s Daily The World Artificial Intelligence Conference (WAIC) 2023 was held in Shanghai from July 6 to 8.\u00a0 The event, joined by more than […]<\/p>\n","protected":false},"author":1,"featured_media":84620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-84619","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"\nChina's AI industry achieves fruitful outcomes - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/07\/18\/chinas-ai-industry-achieves-fruitful-outcomes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's AI industry achieves fruitful outcomes - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"A boy plays with a robotic dog at the 2023 World Artificial Intelligence Conference in Shanghai, July 6. 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