A global race to speed up artificial intelligence applications AI and innovations is on. Nansha district of Guangzhou, which is located in the geographical center of the Greater Bay Area (GBA), China’s biggest economic engine, is acting quickly for the opportunity to play a leading role on AI.
Betting big on the core technology behind cutting-edge applications such as self-driving and facial recognition widely applied in the financial, public security and aviation sectors, Nansha is taking advantage of its distinguished status as one of China’s pilot Free Trade Zones – awarding the country’s most generous support policies for companies and talents – and developing itself into a global artificial intelligence powerhouse that will be home to a 30-billion-yuan industrial cluster by 2020, with more than 300 AI tech companies.
Nansha’s efforts are a key part of Beijing’s three-year plan for artificial intelligence supremacy, set by the National Development and Reform Commission (NDRC), China’s top economic planning agency, including the goals of building a domestic AI industry worth about US$150 billion and to make the country an “innovation centre for AI” by 2030.
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