China is experiencing rapid growth in the generative AI (Gen AI) field, filing over 38,210 AI patents between 2014 and 2023.
According to a recent Reuters report, this ranks higher than other countries focusing on digital transformation, including the United States (6,276), South Korea (4,155), Japan (3,409) and India (1,350).
“The surge in patenting activity reflects recent technological advances and the potential of the AI generation,” the UN report explains.
China has focused on next-generation AI innovation in recent years, driving strong innovation in several key industries, including supply chain, manufacturing, and electric vehicles (EVs). Now, China aims to further push innovation and further strengthen its efforts in the transformative AI market.
Gen AI continues to transform China's industries
Gen AI, which generates text, images and computer code, has seen rapid growth in popularity across multiple business sectors in recent months. As a result, organizations around the world are inspired by models such as OpenAI's ChatGPT and Anthropic's Claude and are eager to develop their own Gen AI technologies.
According to the World Intellectual Property Organization (WIPO), over 50,000 Gen AI patent applications have been filed in the past decade, with a quarter of them expected to be filed in 2023 alone. In particular, chatbots, a signature application of Gen AI, are transforming industries by improving workplace productivity and customer service.
As Gen AI technology evolves, companies around the world are developing policies and strategies to responsibly harness its potential. If used responsibly, this technology has the potential to revolutionize how companies operate and be effectively integrated into the global workforce.
Currently, major patent applicants in China include TikTok owner ByteDance, Tencent, Ping An Insurance Group and Baidu.
The continuing impact of the AI revolution
China's AI market continues to grow despite restrictions imposed by the US on AI chips. China supports its companies, prioritizes AI investments, and aims to become the world's AI leader by 2030. Forecasts suggest that China's AI market will triple from US$23.196 billion in 2021 to approximately US$61.85 billion by 2025.
Notably, China has successfully maintained its AI momentum by implementing the world's first regulations on AI technology in areas such as deep fakes and generative models. Similarly, China's Interim Measures for AI Generation for 2023 stipulates that AI technology must adhere to “China's core socialist values” and not endanger national security.
Initiatives such as Made in China 2025 and the Next Generation Artificial Intelligence Development Plan (2017) demonstrate China's commitment to the growth of the AI sector, enterprise innovation, and AI governance.
Robin Li, co-founder, chairman and CEO of Baidu, was quoted on the subject in our sister publication, AI Magazine: “We believe artificial intelligence will revolutionize every industry today. We've only just begun to see the immense long-term value of AI and its transformative impact on every aspect of life.”
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