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China’s Long-Term Investments in AI Growth: Bringing the Public and Private Sectors Together | Georgetown’s Center for Security and Emerging Technology
The Chinese leadership has put artificial intelligence front and center in China’s industrial development. As part of this strategy, they have established:
1. Industry alliances—collaboration platforms involving local governments, academic institutions, and companies; and
2. Government guidance funds—public-private investment vehicles that mobilize massive amounts of capital in support of strategic and emerging technologies.
CSET’s Ngor Luong and Ben Murphy have published research examining each of these components of China’s AI development strategy. In “China’s Artificial Intelligence Industry Alliance,” Luong examined the Chinese government’s AI industry alliance used to foster AI collaboration and, occasionally, to pick winners in the country’s AI sector. In “Chinese Government Guidance Funds,” Luong and Murphy drew on hundreds of Chinese-language sources to perform an in-depth assessment of whether these guidance funds are delivering on their stated goal of accelerating progress in the development of emerging technologies.