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Shanghai launches Zhangjiang AI Innovation Town to host 1,000 AI firms by 2030.
Shanghai's Pudong New Area, China's first AI innovation pilot zone, has launched the Zhangjiang AI Innovation Town, aiming to host 1,000 new AI firms by 2030 and reach a 100 billion yuan industry scale.
Located in Zhangjiang Science City, the 2-square-kilometer town integrates R&D, living, and application spaces with 700,000 square meters of industrial and 1 million square meters of supporting facilities.
Ten development policies offer subsidies, computing power support, and platform funding, backed by a 2-billion-yuan seed fund to promote innovation and entrepreneurship.
The initiative supports Shanghai’s high-quality growth and aims to establish a world-class AI cluster.
Shanghai lanza Zhangjiang AI Innovation Town para albergar 1.000 empresas de IA para el año 2030.