The artificial intelligence (AI) sector in the Chinese mainland is experiencing remarkable growth, fueled by substantial investments from the private sector and strong policy support.
Market projections reveal that the AI industry's size is expected to surge from 29.4 billion yuan (over $4 billion) in 2024 to more than 70 billion yuan by 2026.
This accelerated expansion highlights the pivotal role of private enterprises in driving technological innovation and underscores the Chinese mainland's commitment to becoming a leader in the global AI arena.
Reference(s):
cgtn.com
