"Chinese Premier Li Keqiang on Friday committed to boosting Chinese central government spending on basic research by 10.6% this year and formulating a decadelong action plan. Basic research -- the field of scientific research that leads to new knowledge breakthroughs and is viewed as key to advancements in technology -- is one area in which China has traditionally lagged behind the U.S.
The five-year plan lists seven strategic areas considered essential to "national security and overall development." These include AI, quantum computing, integrated circuits, genetic and biotechnology research, neuroscience and aerospace. China plans to create national laboratories and bolster academic programs to incubate and buttress some of these technologies, the report said. Vaccines, deep-sea exploration and voice recognition are also targets for development.
"Leading in AI and computing enables China to reap huge benefits in hybrid warfare and intelligence gathering," said Alex Capri, a senior fellow at the National University of Singapore's business school. Other cutting-edge technologies will allow the country to extend its military capabilities in the Indo Pacific, play a leading role in the militarization of space, digital trade and commerce, and in work on an ecosystem around digital currency, he added.
China's role is already growing. The country recently overtook the U.S. in terms of the number of journal citations on artificial intelligence, according to a Stanford University report this month." [1]
1. World News: Beijing Targets Chips, AI in U.S. Tech Race --- Five-year economic plan promises more spending, loans to bolster development
Lin, Liza. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]08 Mar 2021: A.9.
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