Artificial intelligence key to a brighter future

A young scientist-turned-businessman is exceedingly upbeat about China's leading role in developing the world's artificial intelligence industry due to its large amount of users and databases.

Li Jiwei, founder and CEO of Shannon.ai, a Beijing-based financial technology company, also said that China, following the trends of global powers, is supporting the industry by rolling out supportive policies, which has created a unique environment for the development of artificial intelligence technology at home.

"It's exciting to see more and more research results of AI landed and put into practice, and I do believe AI has become a crucial part of the rejuvenation of our country," said Li, who graduated from Stanford University in 2017 with a PhD in computer science.