- Session
- 09:21 - 09:21
- Duration: 10 mins
- Publication date: 03 Jul 2019
- Location: Turing Lecture Theatre, IET London: Savoy Place
- Part of event China-Britain Artificial Intelligence Summit 2019
About the session
Following the success of the inaugural China-Britain AI Summit in 2017, China-Britain Business Fusion is proud to bring you a follow-on Summit. Players in Artificial Intelligence (AI) from China and the UK have come together today to build global partnerships and catalyse commercial business opportunities. The summit will showcase innovative British & Chinese machine and deep learning technologies and explore potential synergies and avenues for cooperation.
The demand for the two summits rose from the developments of AI in both China and the UK. The Chinese
government has approved plans for China to become the world leader in artificial intelligence by 2030 with the
China-Britain AI Summit 2019: Forging Global Partnerships
for the New Economy “China must develop, control and use artificial intelligence (AI) to secure the country’s future in the next technological and industrial revolution.”
Xi Jinping, President of the People’s Republic of China
“We have the time zone, the language, the legal system, the talent, the capital markets, and the tech centre to succeed” Philip Hammond, Chancellor of the Exchequer of the United Kingdom aim of making the industry worth $150 billion. Meanwhile the UK and in particular London is without a doubt Europe’s top hub for tech startups, with almost 30,000 tech startups funded and 2,300 tech meetups in the past five years – far more than other European countries, according to Atomico’s State of European Tech Report.
As the organiser of the summit I express my gratitude and acknowledge the attendance of Counsellor Li Xinhai of the Chinese Embassy, Emma McClarkin, MEP, Member of European Parliament for the East Midland Consistency and Mr Mike Carr, the President of the IET. I would like to thank our partners and supporters that assisted us on the road to this summit with particular focus on the IET, Invest Shanghai, techUK, CBBC, Finserv Experts, London Tech Advocates and Global Tech Advocates, Alibaba Cloud, CKGSB, BIC, Lattice80 and London & Partners. There are many more that you will read about in this document.