The huge technology site will highlight AI, an industry China wants to achieve a “major breakthrough” in by 2025.
The park in western Beijing will be built within the next five years, CNBC quoted Chinese state-approved news agency as confirming.
The entire site will cover more than 50 square hectares in the city’s Mentougou district, housing 400 businesses.
It comes after China said it wanted to achieve a “major breakthrough” in AI by 2025.
This has set alarm bells ringing in Washington, with fears growing China will speed ahead in wha is being described as the new “space race”.
A Pentagon report last year warned China was investing in US start-ups in an attempt to piggy-back on American development.
The report said: “Beijing is encouraging Chinese companies with close government ties to invest in American start-ups specialising in critical technologies like artificial intelligence and robots to advance China’s military capacity as well as its economy.”
Venture capitalist Jim Breyer also warned of China’s AI acceleration.
He told CNBC: “You have two remarkable, large, innovative countries, hiring, promoting, in many cases the best AI talent. And that leads to many opportunities for entrepreneurs.
“It is astounding what we’re seeing in terms of AI technology being applied to large verticals in China.”
However he said, despite their focus, he believed China would ultimately still fall short.
He said: “I don’t think they’ll be number one, because I think there’s still a level of genius and creativity in Silicon Valley that persists and will always persist.”