Artificial intelligence has risen to the level of a national strategy, with its significant technology spillover effects driving growth across multiple industries such as security, healthcare, education, and finance. As AI continues to develop and integrate resources through strong collaborations, analysts predict that 2018 will mark a turning point for AI, shifting from cloud-based solutions to more end-user applications. This evolution is expected to serve as a new driver, opportunity, and engine for strategic emerging industries. In fact, 2018 is being called "the year AI defines everything."
According to the "Three-Year Action Plan for Promoting the Next-Generation Artificial Intelligence Industry Development (2018–2020)" issued by the Ministry of Industry and Information Technology, the next three years will see breakthroughs in areas like intelligent networked vehicles, service robots, drones, and medical image-assisted diagnostic systems. The plan also outlines specific goals for eight smart product categories, including video recognition systems, voice interaction tools, translation platforms, and smart home devices. Several A-share listed companies, such as HKUST, Hikvision, NavInfo, Hang Seng Electronics, and Inspur, have already begun showcasing their leadership in these fields.
From a market perspective, AI has become a major investment focus, and it’s expected to remain a hot topic this year. Analysts at Shanxi Securities noted that sectors like smart cars and cloud computing are currently favored by investors, commanding higher valuations. Meanwhile, big data and security monitoring still hold lower valuations. However, as profitability improves next year, the sector's investment value is expected to become more apparent.
In 2018, several leading AI companies made significant progress. HKUST, a pioneer in intelligent voice and AI technologies, expanded into education, healthcare, legal, and automotive sectors. It launched over 3,000 smart classrooms and opened the first personal intelligent hospital. Hikvision, the world’s largest security vendor, leveraged AI to enhance video analytics, achieving record-high gross margins. NavInfo, after acquiring Jiefa Technology, positioned itself as a key player in autonomous driving with a comprehensive layout covering chips, algorithms, and maps. Hang Seng Electronics introduced four smart financial products, maintaining a strong position in the industry despite regulatory challenges. Meiya Baoke focused on big data and AI to support government operations, expanding its services in smart cities and public safety.
With continued innovation and investment, AI is shaping the future of many industries, offering not just technological advancements but also substantial economic opportunities. As the landscape evolves, companies that can adapt and lead in AI-driven solutions are likely to reap long-term benefits.
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