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AI to boost growth of China's ICT sector in 2025: report

China

China

China

AI to boost growth of China's ICT sector in 2025: report

2024-12-24 21:32 Last Updated At:23:47

China's information and communications technology (ICT) industry will maintain growth in 2025, with artificial intelligence (AI) becoming a major booster to the sector, according to a forecast report released by the China Academy of Information and Communications Technology (CAICT) on Monday.

The latest data from the Ministry of Industry and Information Technology (MIIT) indicated steady growth in China's telecom sector in the first 11 months of 2024, with telecom revenues and total business volume rising by 2.6 percent and 10 percent year on year, respectively.

On Monday, the CAICT shared its forecast for 2025, predicting that the information and communications industry will sustain its growth trend, with the AI Plus initiative exerting more and more effects.

The country's government work report released in March this year unveiled an AI Plus initiative, a strategic move designed to propel the digital economy's expansion and spearhead the transformation and modernization of manufacturing sectors.

In an interview with China Central Television, Wang Zhiqin, vice president of the CAICT, said AI will continue drive the development of the relevant sectors going forward.

"In the next three years, China's ICT industry is expected to grow at an average annual rate of 8 percent. AI development has driven the advancement of computing power, chips, commuting terminals and AI networks. We hope the AI Plus initiative will lead to the establishment of pilot projects in key industries and scenarios," she said.

The Central Economic Work Conference held in mid December said the country will launch the AI Plus initiative next year.

Industry experts say they believe this initiative will first target sectors with abundant data conditions, such as research, industrial manufacturing, Internet of Vehicles and healthcare.

MIIT officials revealed that China's computing power now ranks the second globally, with intelligent computing accounting for more than 30 percent of the total.

"We will make forward-thinking arrangements for cutting-edge technologies such as 6G, AI and quantum information to promote in-depth integration of industrial big models at all stages, including research and development, production, pilot testing, service, and management, helping enterprises in achieving smart transformation, digital upgrades and network connectivity," said Zhang Yunming, Vice Minister of the MIIT.

Furthermore, experts pointed out that the widespread application of AI will place higher demands on network infrastructure. A major focus for the upcoming year will be the development of intelligent computing wide-area networks, which are crucial for supporting AI-driven innovations.

AI to boost growth of China's ICT sector in 2025: report

AI to boost growth of China's ICT sector in 2025: report

Cuban President Miguel Diaz-Canel on Sunday said Cuba is a free, independent and sovereign nation, rejecting U.S. President Donald Trump's accusations that the island country provided "security services" to Venezuela in exchange for oil.

Earlier on Sunday, Trump suggested Cuba should make a deal with Washington.

"There will be no more oil or money going to Cuba -- Zero! I strongly suggest they make a deal, before it is too late," Trump wrote on his social media platform Truth Social.

"Cuba lived, for many years, on large amounts of oil and money from Venezuela," Trump said.

However, Trump did not specify the terms of a deal or the consequences Cuba could face.

Diaz-Canel said on X that the United States has "no moral authority to point the finger at Cuba in anything", adding that the U.S. side turns everything, even human lives, into a business.

Diaz-Canel said that the United States is "hysterical" against the Caribbean nation because of the sovereign decision of the Cuban people to choose their political model.

"Those who blame the Revolution for the severe economic hardships we suffer should be ashamed and keep quiet," he said. "Because they know and recognize that they are the result of the draconian measures of extreme asphyxiation that the United States has imposed on us for six decades."

Cuba does not attack or threaten other countries, said Diaz-Canel, adding that the country is ready to defend itself "to the last drop of blood".

Also on Sunday, Cuban Foreign Minister Bruno Rodriguez said the United States behaves like a criminal and unchecked hegemon that threatens peace and security, not only in Cuba and this hemisphere, but throughout the entire world.

In an X post, Rodriguez said Cuba has the absolute right to import fuel from markets willing to export it and develop trade relations without interference or subordination to unilateral coercive measures imposed by the United States.

Venezuela on Sunday reiterated its "historic stance" toward Cuba, reaffirming its unwavering commitment to the principles of "fraternity, solidarity, cooperation and complementarity", despite mounting pressure from Washington to isolate the Caribbean nation.

The Venezuelan government released a statement underscoring its support for the free exercise of self-determination and sovereignty of peoples, which it considers fundamental pillars of international relations.

It emphasized its adherence to the principles enshrined in the United Nations Charter and international law, highlighting the longstanding and evolving ties between Venezuela and Cuba.

The Venezuelan government stressed that relations between states should be governed by the principles of non-intervention, sovereign equality and self-determination, and that "political and diplomatic dialogue" is the only viable path to "peacefully resolve disputes of any kind".

Cuban president says ready to defend Cuba, refutes Trump's accusations

Cuban president says ready to defend Cuba, refutes Trump's accusations

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