Shanghai followed with its own initiative, aiming to tackle key scientific challenges in BCI technology and promote product innovation through improved integration of resources.

　　According to Qianzhan Industry Research Institute, the global BCI market was worth 1.98 billion U.S. dollars in 2023 and is expected to surpass 6 billion dollars by 2028.

　　The institute predicts that China's BCI market will surpass 120 billion yuan (about 16.68 billion U.S. dollars) by 2040, with a compound annual growth rate of about 26 percent.