Special bank credits, funds valued up to 100 billion yuan (US$14.3 billion), open databases and innovation centers as well as new city-level applications and cooperation projects on artificial intelligence are among a batch of new policies and projects the city has announced to support AI industry development.
To support the artificial intelligence development and achieve the target, Shanghai has drafted “Seven Activities” and “Five Tasks” to establish “first-class innovation ecosystem of AI” by 2021, government officials said during the World Artificial Intelligence Conference 2019, which closed on Saturday.
Image: Shanghai Mayor Ying Yong attends the closing ceremony of WAIC.
