The Cabinet statement yesterdaty said that Chinese leaders see AI as the basis for future industrial development. It calls for developing personnel and research and educational resources to achieve "major breakthroughs" by 2025 and make China a "leading world center for artificial intelligence innovation" by 2030.
Chinese companies including Tencent Ltd., Baidu Inc. And Alibaba Group are spending heavily to develop artificial intelligence for finance, self-driving cars and other applications.
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