In the masterplan backed by President Xi Jinping himself, China will invest an estimated US$1.4 trillion over six years to 2025, calling on urban governments and private tech giants like Huawei Technologies Co to lay fifth generation wireless networks, install cameras and sensors, and develop AI software that will underpin autonomous driving to automated factories and mass surveillance.
BEIJING: Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.
In the masterplan backed by President Xi Jinping himself, China will invest an estimated US$1.4 trillion over six years to 2025, calling on urban governments and private tech giants like Huawei Technologies Co to lay fifth generation wireless networks, install cameras and sensors, and develop AI software that will underpin autonomous driving to automated factories and mass surveillance.
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