A budding highland for innovations

Industry experts, academics and venture capitalists weigh in on Shanghai's ambitions to become a global AI powerhouse at the recent World Artificial Intelligence Conference in the city

Major cities in China have been ramping up their efforts to bolster their artificial intelligence sectors in light of the central government's plan to turn the nation into an AI powerhouse that is home to a 1 trillion yuan ($145.5 billion) industry by 2030.

According to a plan issued last year by the municipal authorities, Shanghai is looking to lead the pack by becoming a global AI hub, with plans to expand the scale of its industry to more than 100 billion yuan by 2020.