China to Grow its AI Market from $2 Billion Today to $150 Billion in 2030

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China has laid out a development plan to become the world leader in artificial intelligence (AI) by 2030, aiming to surpass its rivals technologically and build a domestic industry worth almost US$150 billion (S$204 billion).

Released by the State Council, the policy is a statement of intent from the top rungs of China’s government: Beijing will be investing heavily to ensure Chinese companies, the government and military leap to the front of the pack in a technology many think will one day form the basis of computing.

About GilPress

I'm Managing Partner at gPress, a marketing, publishing, research and education consultancy. Also a Senior Contributor forbes.com/sites/gilpress/. Previously, I held senior marketing and research management positions at NORC, DEC and EMC. Most recently, I was Senior Director, Thought Leadership Marketing at EMC, where I launched the Big Data conversation with the “How Much Information?” study (2000 with UC Berkeley) and the Digital Universe study (2007 with IDC). Twitter: @GilPress
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