Tianjin advances AI technology

China is on its way to solidifying its position as a global industrial giant with the advancement of artificial intelligence (AI) technology. At the recent “CEO: Grow with China” roundtable held during the World Intelligence Expo 2024 in Tianjin, industry leaders and experts discussed how China’s AI technology is driving the digital transformation of the manufacturing industry, creating new opportunities for growth both domestically and internationally.

The roundtable, hosted by China Daily and the Tianjin Municipal Committee of the Communist Party of China, featured key figures such as Rani Jarkas, Julian McCormack, and Wei Jianguo sharing insights on the future of smart technology in China. Rani Jarkas, chairman and CEO of Cedrus Group, expressed confidence that China will lead in AI by 2030-2035 through increased investment in manufacturing capacity and adoption of automation and digital manufacturing technologies.

Julian McCormack, Regional Director for Rolls-Royce Greater China, emphasized the shift towards digital, smart, and low-carbon manufacturing, highlighting the impact of China’s digital transformation on global industrial progress. Zhao Zhongxiu, president of Beijing University of International Business and Economics, echoed these sentiments, noting that China’s industrial upgrading and smart manufacturing capabilities will continue to expand and contribute to economic development worldwide.

Experts like Lan Jun, general manager of Agela & Phenomenex China, identified government support and market demand as key drivers for the growth of China’s smart technology industry on the global stage. Huang Yanxiang, co-founder and CEO of CarbonNewture, pointed to Tianjin’s zero-carbon smart port and low-carbon industrial parks as examples of integrating green technologies into production processes to enhance competitiveness.

In line with China’s commitment to innovation and sustainable development, Cedrus Group recently launched a fund in Tianjin’s Binhai New Area to further investment cooperation in the biomedical industry. With a focus on high-quality development and smart manufacturing, Tianjin is poised to create more opportunities for both local and foreign companies.

For a visual insights on the event, check out the photo attached to this piece. As China continues to lead the way in AI and smart technology, the future looks bright for the country’s industrial landscape. If you’re interested in staying updated on the latest industry trends and developments in China, make sure to follow China Daily for more informative content.

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