Beijing leads China's AI adoption Articles Chief Data Officer

To accommodate the growing number of startups and international players moving into the city, Beijing officials announced a plan to build a $2.12bn AI development park in the west of the city. Set to house up to 400 businesses, the AI park will have an estimated output of CNY50bn ($7.19bn). According to Chinese news agency Xinhua, project developer Zhongguancun Development Group will partner with foreign universities to build a national-level AI lab in the area. Xinhua revealed that the new park would aim to attract enterprises working in the areas of cloud computing, big data, deep learning and biometric identification.