Zhongguancun releases plan to develop AI industry

BEIJING - The management committee of Zhongguancun Science Park in Beijing has released an industrial incubation plan to promote the development of the AI industry.

"Zhongguancun will strive to make breakthroughs in the core technology of the AI industry, and build innovation platforms for AI technology research and development in the following years," according to the plan released Friday.

The plan will introduce measures to enhance AI cooperation among enterprises, universities and research institutions.

Zhongguancun Science Park has been making efforts to develop its AI industry in recent years.

The high-tech zone has about 250 AI enterprises with 7,800 AI patents. Nearly 43 percent of China's AI startups companies are from Zhongguancun.

By 2020, Zhongguancun is expected to have five internationally competitive AI enterprises, and more than 500 AI enterprises, with the AI industry valued at 500 billion yuan ($76 billion).