China techChina 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
TAKASHI KAWAKAMI, Nikkei staff writer
January 21, 2021 07:19 JST
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.