The General Office of the Beijing Municipal Government has unveiled the Several Measures to Foster Steady Economic Growth in Beijing by 2026. These measures aim to bolster the application of artificial intelligence (AI). Specifically, they propose offering subsidies to cover the computing power leasing expenses of newly established R&D institutions and associated enterprises. Furthermore, financial backing will be extended to high-caliber solutions that, for the first time, leverage AI to meet the demands of pivotal industries and are put into practice. Notably, 'AI Plus' demonstration projects in key sectors will receive support of up to 50 million yuan.
