China government making efforts to boost AI development

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China's Ministry of Science and Technology (MST) in July 2017 began implementing the Planning for Development of New-generation AI (artificial intelligence) and the Ministry of Industry and Information Technology (MIIT) on December 13 announced the Three-year (2018-2020) Action Plan to Promote Development of New-generation AI Industry. Planning for Development of New-generation AI sets forth main goals in three steps: China's development of AI technologies and application will reach an overall level abreast of the world's leading level in 2020; China will become a leading country in development of AI technologies and application in 2025, with AI to become a force driving the country's industry upgrades and economic transformation; China will become the global AI center in 2030. The MST lists 13 projects of developing cutting-edge AI technologies, with completion scheduled for 2021. One of them is to develop neural network chips with performance 20 times that of Nvidia Tesla M40. MIIT's 3-year plan is mainly to realize Planning for Development of New-generation AI and Made in China 2025 policies.