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    China

  • The China innovation blog

    Thoughts on China.

    July 19, 2018 · China innovation,China's New Normal
    To understand China, we should unlearn what we know Every day now, we see a new headline about China. The news is not about doing business in China, not about the Chinese economic miracle, nor is it about shocking pollution levels, not even about human rights violations.   Today, the media warn...
    May 8, 2018 · China inspiration,Alibaba innovation
    It's our turn to copy China Chinese companies are known for copying from the West and adapting products and business models to the local Chinese market. This practice is known as ‘Shanzhai’, a word used mostly in a pejorative context to imply Chinese copycats who have stolen from the West. ...
    February 16, 2018 · China inspiration,Creative China,China's New Normal
    Chinese New Year arrived and brings something new. Advertisements that are flooding social media show a similar trend: they burst with emotional storytelling instead of product features. Take for example the campaign from Alibaba where they portray how they support thousands of small companies,...
    November 28, 2017 · BAT,Chinese unicorns · 3
    Whenever a positive story about China is written, chances are it discusses BAT (Baidu, Alibaba, Tencent). They became the true leaders in the digital revolution in China, and often ahead of western competitors like Facebook, Amazon or Google. Today they are portrayed as Internet Gods we should...
  • China's rise in Artificial Intelligence

    China declared its intentions to pursue a “first-mover advantage” to become “the world’s primary AI innovation center” by 2030. (July 2017)

     

     

    Just like I was confident in China's rise globally in 1988, I am even more confident now this will happen.

     

    China's Rise in Artificial Intelligence - Goldman Sachs, Inc.

    August 31st, 2017

    China has emerged as a major global contender in the field of AI, the apex technology of the information era. In this report, is set out China's ambitious top-down plans, the factors (talent, data and infrastructure) that make China unique and the companies (BAidu, Alibaba and Tencent) that are making it happen. Goldman Sachs believes the development of an 'intelligent economy' and 'intelligent society' by 2030 in China has the potential to drive productivity improvement and GDP growth in the next two decades. For full report, send me email

     

     

     

    China issues guideline on artificial intelligence development

    July 20th, 2017

    The State Council has issued a guideline on developing artificial intelligence (AI), setting a goal of becoming a global innovation center in this field by 2030.

    The total output value of artificial intelligence industries should surpass 1 trillion yuan ($147.80 billion). A mature theory and technology system should be formed. Read more

     

     

     

    ARTIFICIAL INTELLIGENCE: IMPLICATIONS FOR CHINA - McKINSEY

    April 2017

    It will take a well-crafted strategy to turn today’s innovation into a sustainable growth engine for China over the longer term. The government can facilitate this by laying a solid foundation and providing aspirational goals for AI development, spurring private-sector innovation and adoption. Some of the required building blocks include a set of robust industrial, economic, educational, and international policies and frameworks. Full report

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