Tianjin to set up 100-bln-yuan AI funds

Updated 2018-05-17 11:29:03 Xinhua

North China's Tianjin Municipality has announced plans to set up funds worth 100 billion yuan (15.7 billion U.S. dollars) to support the artificial intelligence industry, and a 10-billion-yuan fund to promote intelligent manufacturing.

"The funds are established to foster and expand the intelligent technology industry in the city," said Sun Wenkui, vice mayor of Tianjin.

Sun said the 10-billion-yuan fund would be used to support industries such as the industrial Internet, robotics, integrated circuits, information services and military-civilian integration.

The funds of 100 billion yuan will be invested in emerging industries such as intelligent robots, hardware and software, including 30 billion yuan in sub-fund for intelligent device and intelligent upgrade of traditional industries.

Sun said a maximum of 30 million yuan of financial support would be provided to each scientific research institution at national or provincial levels that settles in Tianjin.

Local authorities will pay special attention to intellectual property protection and strict law enforcement in the area, Sun added.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58October 20 2018 08:27:12

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16October 20 2018 08:27:12

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18October 20 2018 08:27:12

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords