r/Sino - China rides waves of artificial intelligence: By June 2017, about one-fourth of the world's 2,542 #AI companies were in China, where around 15,700 AI patents were filed, ranking second after the United States

TIANJIN, May 18 (Xinhua) -- Machines that can impeccably synthesize the human voice, assist judges in sentencing, and tell customers whether a dress is a good fit, have been displayed at the second World Intelligence Congress in Tianjin. Riding the global waves of artificial intelligence (AI), China aims to improve the productivity and inject new momentum into its economy by encouraging more players to tap the fledging industry. By June 2017, about one-fourth of the world's 2,542 AI companies were in China, where around 15,700 AI patents were filed, ranking second after the United States, according to the China Internet Network Information Center. "China should seize opportunities to boost innovation in deep learning, smart algorithms and chips, and modernize industries with AI technologies," Lin Nianxiu, deputy head of the National Development and Reform Commission (NDRC), told a room of entrepreneurs, researchers and policy-makers at the congress, which was held from May 16 to 18. NDRC is China's top economic planning agency. In July last year, the State Council issued a plan for new generation AI, pledging to make the industry a major new growth engine and improve people's life by 2020 and make the country the world's center and leader for AI innovation by 2030.