The Chinese artificial intelligence industry will reach 170 billion dollars by 2025.

China's Artificial Intelligence Sector is Growing Rapidly

According to Xinhua, the Chinese Academy of Information and Communications Technology (CAICT), under the Ministry of Industry and Information Technology, shared the latest industry report at an industrial forum in Beijing.

2024 and 2025 Predictions

The report predicts that the total value of the core industry operating in the artificial intelligence field will exceed 900 billion yuan (approximately 127.5 billion dollars) in 2024, and will surpass 1.2 trillion yuan (approximately 170 billion dollars) by 2025.

Artificial Intelligence Capabilities and Applications

As of 2023, there has been a 30% increase in the language capabilities of large artificial intelligence models, and a 50% increase in multimodal understanding abilities. This indicates that artificial intelligence has become a productive force that yields real-world results, beyond just technical innovations.

Integration of Manufacturing and Robotics

According to the report, since the beginning of the year, large language models have started to be effectively utilized in the manufacturing sector. The share of artificial intelligence application scenarios in manufacturing has increased from 19.9% to 25.9%. Additionally, there is rapid growth observed in the integrated artificial intelligence sector, which combines AI with robotics.

Funding and Company Activities

It is predicted that over 350 companies operating in this field will receive 40 billion yuan (approximately 5.6 billion dollars) in funding by 2025. This highlights the sector's growth potential and investment appeal.