“By 2020, China's overall AI technology and application will be in step with globally advanced levels, with the scale of AI's core industry exceeding 150 billion RMB and the scale of related industries exceeding 1 trillion RMB.”

State Council of China Policymaker

China's cabinet; issuer of the New Generation Artificial Intelligence Development Plan (Guofa [2017] No. 35)

Said Jul 20, 2017Deadline Dec 31, 2020New Generation Artificial Intelligence Development Plan, State Council of China, released 20 July 2017 (full English translation, New America)

The industrial target was met: China's core AI industry was put at about 325 billion RMB in 2020, roughly double the 150 billion RMB goal. The 'in step with globally advanced levels' half is contested — China led in applications and deployment but still trailed the US badly in frontier models and AI chips in 2020.