On September 19th, the General Office of the Guangxi Zhuang Autonomous Region People's Government unveiled the "15th Five-Year Plan for Guangxi's Financial Industry Development." This plan outlines strategies to enhance the financial support framework specifically designed to foster the growth of artificial intelligence (AI). It emphasizes the identification and nurturing of high-caliber AI enterprises to facilitate their listing and financing endeavors. The initiative aims to swiftly establish a fund cluster within the AI sector, boasting a total scale of no less than 50 billion yuan. To achieve this, it encourages banks, insurance companies, and other financial institutions to innovate credit products and services that cater to the entire lifecycle of AI development, exemplified by the introduction of "AI loans." Simultaneously, the plan underscores the importance of fortifying the financial support system for overseas services, particularly targeting ASEAN countries. This will provide comprehensive financial solutions to empower AI companies in their global expansion efforts.
