hillsidesOn March 9, relevant provincial departments issued the "Guangdong Province PromotesAIandrobotSeveral Policies and Measures for the Innovative Development of Industries" and held a press conference yesterday (April 1) on the corresponding "Measures", which mainly put forward a series of policies to incentivize the development of AI and robotics companies in Guangdong Province.
1AI learned from the press conference that the relevant departments in Guangdong Province will set up a benchmarking incentive mechanism. The plan is to further increase support for benchmarking applications, such as the selection of 10 AI-enabled new industrialization benchmarking cases in the industrial sector each year, theIncentive of up to $8 million for each selected case.
At the same time, the relevant departments will actively carry out artificial intelligence application competitions. Together with the Guangdong Provincial Department of Human Resources and Social Affairs and the Provincial Artificial Intelligence Industry Association, it will organize the Zongchuang Cup Artificial Intelligence Innovation and Entrepreneurship Competition.
In addition, Guangdong will continue to increase support for AI and robotics companies to develop international markets this year.To attract global multinational companies, including those in the artificial intelligence and robotics industries, to invest in and take root in GuangdongAccording to the new round of Guangdong's foreign investment incentive policy, a single foreign investment project in the AI and robotics industries can be rewarded up to a maximum of RMB 150 million in accordance with the 3% incentive ratio during the policy implementation period.