Shanghai To Ramp Up High-tech Investments
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2023-04-25 HKT 14:37
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The financial hub of Shanghai will promote investments in specialised technology, including chip design, circuitry and artificial intelligence as the nation pushes forward with a move toward tech self-reliance.
Shanghai plans to provide investment help for certain qualified semiconductor projects with up to 100 million yuan in support, a statement from the government said.
The broad aim is to boost investments, enhance industrial development and speed up the construction of modern industrial systems, it added. (Reuters)
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