Investment of China's financial institutions in artificial intelligence 2018-2022

In 2018, China‘s traditional financial institutions invested around 16.7 billion yuan in artificial intelligence. In order to improve clients' experience and working efficiency, financial institutions in China are increasing their investment in science and technology, including the implementation of artificial intelligence.

Investment value of China's traditional financial institutions in artificial intelligence from 2018 to 2022

Investment value in billion yuan
2022*58.9
2021*40
2020*28.3
2019*21.7
201816.7
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Source

Release date

July 2019

Region

China

Survey time period

2018

Supplementary notes

*Forecast.
Traditional financial institutions don't include fintech companies.

Note: 1 yuan equals approximately 0.13 euros and 0.14 U.S. dollars (as of September 2019).

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