China – The world's AI powerhouse
Following our webinar on AI legal developments in
Asia, we've published a series of three
articles looking closely at the different countries. This third
piece looks at China.
(The first article covers Singapore,
Indonesiaand Malaysia, while the second studies Vietnam, Thailand and the
Philippines.)
AI development has been included in China's national
strategy since 2016. Today, the country has a plan to set up an
integrated big-data system with eight computing hubs placed around
the country. By the end of 2023, the AI industry in China is
estimated to have reached a size of RMB 578 billion (USD 81
billion).
"According to figures from China's Academy for
Information and Computing Technology, computing power in China
accounted for some 33% of total global output by 2022. The country
was second in terms of computing power output in 2023, reaching 230
EFLOPS. This shows China's support for and efforts in AI,"
says Landy Jiang,