China has set its sights on becoming the global leader in artificial intelligence (AI) by 2030, with a potential economic boost of $600 billion annually. The country currently hosts over 4,500 AI companies, accounting for 15% of the global total, and is leading the Nature Index 2024 with significant scientific contributions worldwide.
China’s strategy involves leveraging government-backed innovation, AI-as-a-Service platforms, vertical AI applications, and a focus on industry-specific development. This approach has driven explosive growth in its AI sector, with major players like Alibaba, Baidu, and Tencent at the forefront of this revolution.
The Chinese government has taken proactive steps towards AI governance, releasing regulations to ensure responsible AI development and security. However, China still faces challenges such as technological rivalry with the US, attracting top AI talent, and data availability.
As business leaders navigate this complex landscape, understanding China’s unique characteristics is crucial for success in the global AI revolution.
Source: https://www.forbes.com/sites/markgreeven/2024/12/23/china-and-ai-in-2025-what-global-executives-must-know-to-stay-ahead