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China tech

China to pump $1.6tn into tech infrastructure through 2025

5G, EV chargers and AI to be boosted as Beijing eyes prolonged tensions with US

Facial recognition technology employing artificial intelligence is among the areas that China plans to increase investment in.   © Reuters

GUANGZHOU -- China's public and private sectors are set to spend 10.6 trillion yuan ($1.6 trillion) through 2025 to develop next-generation infrastructure, including the 5G network and electric-vehicle charging stations, as frictions with the U.S. look to remain intact despite a new administration in Washington.

The investment will account for roughly 10% of all social infrastructure spending, according to the China Academy of Information and Communications Technology, a government think tank that released the outlook.

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