China now heads the secretariat of ISO/IEC JTC 1/SC 43, an international subcommittee working on brain-computer interface (BCI) standards. The International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) jointly oversee the subcommittee. Abstracts on the organisations' websites describe plans for global standards governing brain-computer communication and interaction across application areas.
Yu Yuntao, a technical director at the China Electronics Standardization Institute, chairs the subcommittee. The subcommittee has issued standards covering BCI terminology, formats for collecting non-invasive brain information, reference architecture and use cases. BCI technology converts neural signals into instructions for external computers, enabling people to control technology through thoughts.
China's 15th five-year plan identifies BCI as one of six future industries. BCI appeared for the first time this year in the government work report presented to the National People's Congress. On Wednesday, the General Office of the Communist Party of China Central Committee and the General Office of the State Council jointly urged faster industrialisation and commercialisation of BCI as a key frontier technology.
Xiaomeng Lu, Eurasia Group's director of geo-technology, said China's government is backing BCI among industries that could become the next electric-vehicle sector. Lu described ISO as setting global industry standards in practice, with significant commercial consequences. Lu said China's leadership of the subcommittee represents an important development for BCI companies in China and internationally.
Altynay Junusova, an analyst at the Berlin-based think tank MERICS, said China's BCI industry needs foreign markets, particularly for advanced, approved invasive and non-invasive brain devices. Junusova said policymakers in China want the industry to expand ahead of competitors in the United States and Europe. Junusova said China's leadership on the ISO document would help China determine the requirements governing how other countries' BCI devices are built.
Lu said China's technology investment plan largely follows Elon Musk's research priorities, with some exceptions. Lu described a group of companies in China as quickly following those developments. Musk co-founded Neuralink, a leading BCI company. Lu offered the theory that China's government regards Musk as a technology visionary.
Shanghai-based Neuracle Medical Technology performed the world's first commercial BCI surgery in July of this year. Lu said Washington has given the BCI industry little attention so far. Lu said Washington instead focuses on more established and visible technologies, including semiconductors and AI models. A delegation from the United States also participated in drafting ISO's BCI standards document.
The China Centre for Information Industry Development projects that China's BCI market will reach 6.14 billion yuan (US$919.88 million) by 2028. The centre forecasts compound annual growth of 17.7% for the market from 2024 to 2028.
China Leads Global BCI Standards Initiative, Eyes Rapid Market Growth
FLASH AIShare
Summary
China now leads the ISO/IEC JTC 1/SC 43 subcommittee, overseeing global brain-computer interface (BCI) standards. The country has already set terminology, data, and use-case rules for the technology. BCI is a key future industry in the 15th five-year plan and appeared in this year's government work report. The Communist Party and State Council are pushing for faster BCI commercialization. Analysts say China’s lead in the ISO document could shape global BCI development and fast-track market growth. The China Centre for Information Industry Development forecasts the BCI market will hit 6.14 billion yuan by 2028, growing at 17.7% CAGR from 2024. Traders track the fear and greed index and daily market report to assess sentiment and potential shifts in this emerging sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.