In November, the Ministry of Commerce of the People's Republic of China introduced policies to support the Suzhou Industrial Park (SIP) in enhancing innovation, specifically promoting collaboration between artificial intelligence (AI) companies and industrial businesses.
Suzhou Industrial Park. [Photo/VCG]
The policy initiatives encompass things such as network infrastructure and AI-industry partnerships, aimed at bolstering digital foundations, fostering AI-industry integration, optimizing industrial innovation ecosystems, and offering financial and policy backing. These supportive measures are poised to elevate SIP's innovation capabilities and competitiveness within the AI sector, further propelling its high-quality development.
As the leading national high-tech zone focusing on AI and digital industries, with dedicated policies to nurture their growth, the park has capitalized on its robust industrial base and cutting-edge innovation environment, concentrating on pivotal areas like industrial software, integrated circuit design, and large-scale models. By accelerating AI breakthroughs and practical implementations, the park achieved a production value of 100.6 billion yuan ($13.83 billion) last year.
Suzhou Industrial Park hosts the Suzhou Global AI Product & Application Expo annually. [Photo/VCG]
A venue of the 2023 Suzhou Global AI Product & Application Expo. [Photo/VCG]