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Russia and China have created a working group on the use of AI

The World Digital Trade Fair has started in Hangzhou, China. The delegation from Russia is headed by Deputy Prime Minister Dmitry Grigorenko. At the opening ceremony of the event, he noted the potential of the domestic IT sector, the press service of the Government of the Russian Federation reports.

For 4 years in a row, Russia has been among the world leaders in terms of the growth rate of the e-commerce market. Maxim Reshetnikov, Minister of Economic Development of the Russian Federation, said that more than 15% of all retail sales are carried out online, marketplaces account for 57% of the online trading market.

Dmitry Grigorenko also met with Wang Dongming, Deputy Chairman of the Standing Committee of the National People's Congress. The topic of the talks was the development of the Russian-Chinese partnership.

Artificial intelligence is one of the promising areas for collaboration. Russia and China have already established a working group on the exchange of experience, regulation and application of AI.

Photo: Press service of the Government of the Russian Federation