HONG KONG, 13 February 2020 — The South China Morning Post today released its inaugural SCMP China AI Report 2020 that provides business and industry observers insights into significant advancements emerging from the world’s leading country in artificial intelligence adoption.
The report offers essential business intelligence by examining how data, talent, hardware and software become critical to wider adoption. China is one of the leading global hubs driving significant investments in AI research and development and the report covers applications across industries including finance, education, healthcare, infrastructure, autonomous vehicles, retail, smart homes and manufacturing, while highlighting issues related to data privacy and US-China tensions.
Authored by SCMP Research, the report taps a wealth of industry knowledge from SCMP’s Technology Desk with actionable intelligence, deep dives, case studies and first-hand insights as well as exploring projections for the long term future. More importantly, the report is a comprehensive overview of the country’s technological, regulatory and policy developments and how it can be extended to other countries – issues that would be equally relevant to investors and academia.
The SCMP China AI Report has already earned positive reviews from reputable industry leaders, including Jeffrey Ding, D.Phil Researcher at Oxford University’s Centre for the Governance of AI, who commented the report offers “big-picture trendlines neglected by other analyses”. Huang Wei, Founder and CEO of AI tech startup Unisound pointed out the report’s illuminating “insights on the entrepreneurial boldness of China AI companies and professionals.”
“The speed of AI development in China has been extraordinary, and its deployment is already at a mind-boggling scale. The opportunities and challenges of this evolution will impact the entire world. This report benefits from SCMP’s depth of access and knowledge, and will elevate critical understanding for global stakeholders in the AI industry and beyond,” said Gary Liu, SCMP CEO.
Said Tammy Tam, SCMP’s Editor in Chief, “SCMP has been taking the lead in presenting our global audience the latest tech landscape in China, the publication of this updated and authoritative report showcases our commitment and tireless efforts in helping readers around the world to better understand China’s AI strategy.”
The full report is available for purchase here (https://www.scmp.com/china-ai-report), in addition to the exclusive opportunity to learn from and interact with AI experts and C-level executives from China AI companies through six webinars.
Testimonials by technology experts on the China AI Report
- Jeffrey Ding, D.Phil Researcher at Centre for the Governance of AI (Oxford University) and Founder of ChinAI Newsletter:
“Integrating the best research on China’s AI landscape from academic, industry, and technical sources, SCMP’s China AI Report 2020 is a must-read. Readers will be impressed by big-picture trendlines neglected by other analyses, such as actual diffusion rates of AI technologies and the potential for greater product personalisation to upend the manufacturing landscape.”
- Bowen Zhou, President of JD Cloud & AI, Chair of JD Technology Committee:
“China offers fertile ground for the development of AI, in particular with its unique landscape open to a range of real-world scenarios. This is critical when bringing innovation to bear and enabling leapfrog technologies that have the potential to change the world. I’m delighted to participate in SCMP’s inaugural China AI Report and provide our perspective on AI and retail. The report’s incisive and highly readable presentation of the current state of AI in China will provide a valuable read to business leaders, AI enthusiasts and overall China watchers.”
- Huang Wei, Founder and CEO of Unisound:
“SCMP’s China AI report showcases the current state of the China AI industry comprehensively and systematically; the report’s insights on the entrepreneurial boldness of China AI companies and professionals are especially unique and illuminating. Unisound is honoured to be one of the case studies and to be able to share our industry perspectives with readers. 2019 saw the China AI industry achieving a series of breakthroughs, and 2020 is also looking to be another extraordinary year for the industry. How the AI industry will develop in the coming year is an important question to answer for all AI professionals, and we hope the SCMP can provide inspiration for the industry.”
- Guanchun Wang, CEO of Laiye Tech:
“This AI report by SCMP provides a very comprehensive and in-depth review of China’s AI landscape across technologies and sectors. It’s clear that AI is playing an ever-expanding role in China’s economy from security to education and health. However, the 14 AI Unicorns mentioned (and those aspiring to be) need to land better PMF (product-market fit) and develop ecosystems around themselves to become truly great companies in the era of artificial intelligence.”
- Edith Yeung, General Partner at Proof of Capital and Advisor at 500 Startups:
“China is home to the most number of artificial intelligence unicorns (startups valued at US$1 billion or above). There is no accident why China has become such a global force of artificial intelligence in such astonishingly rapid speed. This report reveals how China caught up to the US in many industries including education, healthcare, entertainment smart cities, smart homes, finance, manufacturing, retail, logistics and many other use cases you cannot even imagine. As much as I admire the Chinese entrepreneurial spirit, its government ambition and determination to win this AI war, there are many challenges China is facing including the US-China tensions, increasing protectionism, mounting data privacy, and trust concern plus “venture capital winter”. This comprehensive report is a must-read for all AI-focused investors, entrepreneurs, CEOs, regulators, and practitioners.”
About South China Morning Post
South China Morning Post is a leading global news company that has reported on China and Asia for more than a century. Founded in 1903, SCMP is headquartered in Hong Kong, where it is the city’s newspaper of record, with a growing correspondent staff across Asia and the United States. SCMP’s vision is to “Elevate Thought” and our mission is to “Lead the global conversation about China”. Additionally, SCMP publishes a portfolio of premium lifestyle and fashion titles in Hong Kong including Cosmopolitan, ELLE, Esquire and, Harper’s BAZAAR. SCMP is also home to Abacus, a digital news brand focused on China’s tech industry; Inkstone, a daily news brief for those curious about China’s growing impact around the world; and Goldthread, a content platform with a focus on food, travel and culture in China.
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