China has extremely ambitious plans to lead the world in artificial intelligence (AI). Here, we take a look at why China is poised to lead the global AI market and introduce some of the key players in the Chinese AI space.

1. China Poised To Dominate
The Artificial Intelligence (AI)
Market

2. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Title
Text
Introduction
Introduction
China has extremely ambitious plans to lead the world in artificial intelligence
(AI). Here, we take a look at why China is poised to lead the global AI market
and introduce some of the key players in the Chinese AI space.
China Poised To Dominate The Artificial
Intelligence (AI) Market

3. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
If you, or your kids, are obsessed with TikTok, you might be surprised to hear
that the company behind your favorite app is a giant artificial intelligence tech
conglomerate in China. Many westerners have no idea that China is actually
setting a course to become a world leader in AI, and that a number of key
Chinese AI companies have already become a major part of everyday life in
China, the United States, and the rest of the world.
China's leaders have made AI a strategic priority and are driving the Chinese
tech industry to define standards and norms for global artificial intelligence
practices.

4. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Why China Is Poised To Lead The Global AI Market
There are three major driving factors behind China’s rise on the global AI scene:
1. Access to a huge domestic market. China's population of 1.4 billion consumers is the biggest
domestic market in the world. There are a plethora of potential AI applications for this market, so
China is fertile ground for AI companies to thrive.
2. AI is a top priority for leadership, and the Chinese government has articulated a clear, ambitious
mission on artificial intelligence. The government and business sector in China understand that AI is
revolutionizing virtually all aspects of consumers’ lives, and they are embracing the new technology
wholeheartedly and providing strong strategic guidance for innovative AI tech companies.
3. China fiercely protects its internal market, blocking major US-based AI players like Facebook and
Google. This virtually eliminates competition from Western companies so domestic tech innovation can
flourish in China. More recently, China has also imposed restrictions on the export of some innovative
AI technology with the aim of safeguarding national economic security.

5. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Key AI Players In China
Here are a few of the biggest Chinese AI companies taking the lead in the evolving tech
world:
Baidu is one of the largest AI and internet companies in the world. One of their biggest
products is their highly popular search engine – over 70% of Chinese search inquiries go
through their engine. DuerOS, Baidu’s conversational AI platform, can add digital
intelligence to a range of household devices like smart speakers or refrigerators.
Alibaba is an enormous e-commerce platform that hit record sales of around $72 billion
in 2020. Chinese consumers pay for transactions with their mobile phones more often
than consumers in any other country in the world, and Alipay, Alibaba’s mobile payments
platform, enables the vast majority of those mobile payments. Alibaba also provides pay-
as-you-go cloud computing services and recently partnered with AutoX to roll out a fleet
of autonomous taxis in Shanghai.

6. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Key AI Players In China
Tencent’s most popular product is WeChat, which started out as a messaging
platform but has now added features that enable users to read the news, buy
products and services, order food, and even book travel right in the app.
ByteDance is behind the tech darling TikTok, as well as Douyin, TikTok’s Chinese
equivalent. The company is currently valued at $180B, and it is considered one
of the most valuable unicorns (startup companies valued at more than a billion
dollars) in the tech world.

7. © 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Artificial Intelligence In Our Daily Lives: Look To China
Companies like Baidu, Alibaba, and ByteDance are clearly at the forefront of AI
research, and their products and services are integrating artificial intelligence
into daily life in China and beyond.
In the near future, Western tech companies that want to remain relevant will
look to China for digital innovation and AI breakthroughs. As China's broad
range of startups, scale-ups, and large corporate organizations continue to close
the technical gap between their country and Western economies, they are
poised to become worldwide leaders in artificial intelligence, big data, and
machine learning.

8. Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website
© 2020 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2017 Bernard Marr , Bernard Marr & Co. All rights reserved
© 2020 Bernard Marr, Bernard Marr & Co. All rights reserved
Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a
strategic business & technology advisor to governments and companies. He helps
organisations improve their business performance, use data more intelligently, and
understand the implications of new technologies such as artificial intelligence, big data,
blockchains, and the Internet of Things.
LinkedIn has ranked Bernard as one of the world’s top 5 business influencers. He is a frequent
contributor to the World Economic Forum and writes a regular column for Forbes. Every day
Bernard actively engages his 1.5 million social media followers and shares content that
reaches millions of readers.
Visit The
Website

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