Govt set to give AI sector huge policy boost - China.org.cn

China will unveil a slate of policies, including tax cuts and setting up national artificial intelligence innovation centers, to beef up support for AI and clear legal risks, local media reported. The Ministry of Industry and Information Technology is teaming up with other ministries and related departments to draft new policies to better cultivate the AI industry, Economic Information Daily reported on Thursday. Favorable tax policies will be rolled out to encourage small and medium-sized enterprises that are working on AI. More efforts will also be made to open government data and experiment with new ways to tap into data, the report said. Meanwhile, new policies will be unveiled to channel more resources into AI research, in the hope of advancing innovation capability.