"Intelligence Driven by Innovation" - Deloitte released China AI Industry Whitepaper

Artificial Intelligence (AI) has become the pivotal driving force for the next industrial revolution.   

At the Innovation Forum "Intelligence Driven by Innovation", Deloitte China Innovation Sponsor and Eastern Region Managing Partner Dora Liu announced the release of China AI Industry Whitepaper on behalf of Deloitte, which sheds light on the current state and future prospects of China's AI development, by giving an overview of the industry, and exploring the commercial application, geographic distribution and positioning of AI technologies.

Dora shared three points of view at the forum, highlighting the key findings in the whitepaper.

1. China has become one of the world's fastest growing countries in AI development. The tech giants are competing with each other for a bigger piece of the pie.

2. Application scenarios of AI vary significantly by industry. While AI is most widely adopted in the financial industry, its potential in the manufacturing industry is still underestimated. 

3. Geographically, Beijing, Shanghai and Shenzhen have established undisputed leadership in AI development, while Hangzhou and Guangzhou are proactively catching up, driven by their local tech giants.

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