Over the next decade, the artificial intelligence market in China will provide a $600 billion opportunity, according to McKinsey analysis. The majority of that opportunity—64 percent—is expected to come from automotive, transportation, and logistics. Manufacturing, meanwhile, will drive another 19 percent; enterprise software will contribute 13 percent; and healthcare and life sciences should account for 4 percent of the opportunity.
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To read the report, see “The next frontier for AI in China could add $600 billion to its economy,” June 7, 2022.