China more advanced in artificial intelligence application

People check out an AI-powered robot at the AI World 2016 held in Beijing on Tuesday. Photo: Chen Qingqing/GT The US is in a leading position in artificial intelligence (AI) research, but China has surpassed the US in AI application, and the sector offers both potential and challenges, industry experts said during the AI World 2016 conference held on Tuesday.It is the first AI conference being held in China, which reflects the progress made in the country, especially in the services sector, noted Zheng Nanning, academician of the Chinese Academy of Engineering.”China has not lagged behind other countries in the Fourth Industrial Revolution. Instead, it plays an important role in innovation,” Zheng said.In 2015, 32 of 100 surveyed Chinese AI industry companies recorded 756 million yuan ($112 million) in revenue,…

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