Tech China Post #29

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The State Council of China has issued official guideline on artificial intelligence, and it shows the country’s ambition in using emerging technologies to drive job creation, growth, and technology leadership on the world stage. Specifically, the official document outlined areas of focus: “big data intelligence, multimedia aware computing, human-machine hybrid intelligence, swarm intelligence and automated decision-making. Advanced theories which can potentially transform AI should also be looked at, including advanced machine learning, brain-like computing and quantum intelligent computing.” (English, Chinese)

Ping An Insurance, one of the largest and most powerful insurance and financial services firms in China, is accelerating its effort to apply AI and other emerging technologies in the financial services industry.

Chinese VR, AR, XR company watchlist: Ugion Technology (education & training), Shadow Creator (VR, XR hardware integration), 7D Vision Tech (live VR)

Microsoft’s cloud platform will be used outside of China for the self-driving car consortium Apollo. Apollo was established by Baidu with domestic and foreign industry and technology partners. This is a big win for Microsoft Cloud.

China’s GDP rose 6.9% in 2Q’17, same as 1Q.

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