Image: TZIDO SUN/Shutterstock.com
The Regulation of Shanghai Municipality on Promoting the Development of Artificial Intelligence Industries regulates a wide range of activities related to artificial intelligence. This broad coverage and the incentive measures will likely attract more foreign capital and talent to Shanghai.
Following the release of an ambitious Metaverse action plan, Shanghai took the lead to pass a regulation on the promotion of the city’s artificial intelligence industries. Will the regulation, together with China’s foreign investment catalogue, drive more capital and talent to this prominent Chinese city?