AI Innovation Zones in China: Opportunities for Foreign Investors
AI Innovation Zones in China: Opportunities for Foreign Investors March 3, 2021 Posted by China Briefing Written by Sofia Baruzzi Reading Time: 4 minutes
In the last five years, China has consistently prioritized efforts to become the first global superpower in artificial intelligence (AI). This includes strategies like
Made in China 2025 and the
Digital Silk Road, where China is able to combine and direct multiple resources towards the growth and development of the AI sector, such as incentivizing talents, nurturing an R&D ecosystem, generating capital, creating a high-tech supply chain, and encouraging foreign investments in select industries.