China ups the ante on humanoid robotic innovation, applications to boost economy

China ups the ante on humanoid robotic innovation, applications to boost economy

Local government officials across China are rushing to introduce policies to level up the innovation and deployment of robots, especially humanoid robots, as Beijing’s policymakers upped the ante for future industries at the tone-setting central economic work conference. The cities of Hangzhou, Chongqing and Nanjing, plus a part of the southwestern Sichuan province, have released … Read more

China’s AI industry could see US$1.4 trillion in investment in 6 years, executive says

China’s AI industry could see US.4 trillion in investment in 6 years, executive says

China’s artificial intelligence (AI) industry could pour more than 10 trillion yuan (US$1.4 trillion) into developing the technology in the next six years, according to Chen Liang, chairman of the state-backed investment vehicle China International Capital Corporation (CICC). Chen made the comments on Sunday during a talk at the International China Investment Forum, organised by … Read more