China to expand artificial intel products market to 15 bn

China will speed up the development of its artificial intelligence (AI) sector and create a market worth more than 100 billion yuan (USD 15.26 billion) over the next three years, the National Development and Reform Commission said in a statement. By 2018, China shall build platforms for fundamental AI resources and innovation and make breakthroughs on basic core technology, the three-year implementation programme for "Internet Plus" artificial intelligence said. Under the plan, China will cultivate and develop emerging artificial intelligence industries, promote innovation in intelligent products and enhance the intelligence level of terminal products. The programme will involve key projects such as intelligent home appliances, smart automobiles, intelligent unmanned systems, intelligent wearable devices and robots. China will also offer some guarantee measures involving financial support, intellectual property protection, talents and international cooperation, state-run China Daily reported.