AI to drive China’s new wave of tech revolution, industrial transformation, People’s Daily says

in transforming the country’s industries and refuelling its economy, despite growing overseas calls for international collaboration on regulation.

“ will become an important driving force in the new wave of technological revolution and industrial transformation, with a major impact on people’s production and life,” according to the commentary published on Monday . After the Microsoft-backed OpenAI released ChatGPT in November, Beijing has been seen as pinning its hopes on the development of AI to bolster industrial productivity and fuel the world’s second-largest economy that is still haunted by the scarring effects of the coronavirus, slowing exports and an intensified rivalry with the United States.

In its “Annual Report on the Development of New Generation Artificial Intelligence ”, the China Economic Information Service also saidhas entered the global top tier, with around 16 per cent of the world’s related companies.

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