Shanghai, as one of the birthplaces of China's chip industry, is stepping up efforts in independent innovation and research to develop AI chips, said Shi Guanghui, vice-mayor of the city.
China on Thursday unveiled measures to further tap the country's residential consumption potential.
China has reassured private businesses of continued, equal and favorable policies compared with their state-owned counterparts as the private sector has become a significant part of the economy and a major source of market vitality.
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Cities, governments and industrial parks the world over are rushing to create tech industry hubs.
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