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flag Shanghai launches Zhangjiang AI Innovation Town to host 1,000 AI firms by 2030.

flag 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. flag 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. flag Ten development policies offer subsidies, computing power support, and platform funding, backed by a 2-billion-yuan seed fund to promote innovation and entrepreneurship. flag The initiative supports Shanghai’s high-quality growth and aims to establish a world-class AI cluster.

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