New Delhi, Oct. 27 -- Artificial intelligence (AI) investment may not translate into broader economic gains for China in the near term, as weak domestic demand and limited monetisation constrain its impact despite expanding investments in technology and industrial applications, Fitch Ratings said.

In its report, Fitch said AI was becoming an increasingly important part of China's economic and credit outlook, with investment extending beyond semiconductors and computing infrastructure into automation, power generation, enterprise software and industrial applications.

China is seeking new sources of growth beyond property, investment and credit expansion, but the wider benefits of AI, including higher productivity and stronger long-term g...