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The State Council has released a directive on the thorough implementation of the 'AI+' initiative, placing emphasis on policy and regulatory backing. The directive aims to refine the performance evaluation and risk oversight framework for state-owned capital investments in AI, bolster financial and fiscal incentives, and catalyze the growth of long-term, patient, and strategic capital. Concurrently, it seeks to refine risk-sharing mechanisms and investment exit pathways. Furthermore, the State Council will advance legislation conducive to the healthy development of AI, strengthen AI-related laws, regulations, and ethical guidelines, and optimize associated safety assessment and record management systems, thereby ensuring the sustained and healthy progression of AI technology.
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