Shanghai: Provide 6 months to 3 years of rent reduction or one-time start-up fee for qualified artificial intelligence talent entrepreneurial teams.

date
28/07/2025
The Economic and Information Technology Commission of Shanghai Municipality has issued the "Several Measures to Further Expand the Application of Artificial Intelligence in Shanghai", which mentions accelerating the development of industrial clusters. The construction of Artificial Intelligence Towns will be promoted to facilitate the development of high-density, low-cost artificial intelligence industrial clusters. The municipal and district governments will provide coordinated support, offering up to 100% support of 1 million yuan in computing power vouchers, model vouchers, and data vouchers to innovative enterprises meeting certain criteria, actively promoting an "instant enjoyment" subsidy. Qualified artificial intelligence talent entrepreneurial teams will receive rent reduction or one-time opening fee waivers ranging from 6 months to 3 years.