On December 12, the Shandong Provincial Department of Industry and Information Technology, along with other relevant departments, recently unveiled a plan. This plan aims to foster deeper collaboration between financial institutions and AI companies. It involves strategically allocating financial resources, including "loans, equity financing, insurance, and guarantees," along the industrial supply chain.

Moreover, the plan seeks to harness the guiding influence of the province's New and Old Kinetic Energy Conversion Fund. By doing so, it aims to draw in social capital for the joint establishment of an AI industry fund cluster. This initiative is designed to support long-term and steady capital investment in critical areas such as AI chips, frameworks, and core algorithms.

Additionally, the plan urges the acceleration of breakthroughs in core industrial technologies. It places a strong emphasis on foundational core technologies and pivotal common technologies, including computer vision and natural language processing. With over 150 research projects slated annually, the plan also highlights the importance of innovative research in cutting-edge fields like brain-computer interfaces and quantum AI, striving to yield a series of groundbreaking achievements.

By 2027, the province's core AI industry is projected to surpass 200 billion yuan in scale, boasting an average annual growth rate exceeding 30%. This growth is expected to drive related industries to exceed one trillion yuan in scale.