The central bank and two other departments: focus on providing financial services for enterprises purchasing artificial intelligence equipment and software services, promoting the development of "artificial intelligence + industry".
The People's Bank of China, the National Development and Reform Commission, and the Ministry of Finance jointly issued the "Notice on Expanding the Lending for Technological Innovation and Technological Transformation to Further Support Equipment Updates." The notice focuses on optimizing policy measures for financial services supporting technological innovation and equipment updates. It expands the scope of support for technological innovation and equipment updates, including including privately-owned small and medium-sized enterprises with high levels of R&D investment in the area of re-lending policy support, and expanding the scope of loan support for technological transformation and equipment updates to include 14 sectors such as electronic information, artificial intelligence, facility agriculture, and consumer commercial facilities. The aim is to improve the quality and efficiency of loan services, focus on providing financial services for enterprises purchasing AI equipment and software services, and promote the development of "AI + industry." The notice also aims to optimize the issuance and management of re-lending, and increase the efficiency of policy implementation.
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