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China Says It Will Increase Support for AI, Science and Tech Innovation
BEIJING/SHANGHAI (Reuters) - China said on Wednesday it would boost support for the application of artificial intelligence (AI) models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant. The plans were included in a
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China says it will increase support for AI, science and tech innovation
BEIJING/SHANGHAI, March 5 (Reuters) - China said on Wednesday it would boost support for the application of artificial intelligence (AI) models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant. The plans were included
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China announces increased support for AI models, venture capital, and emerging technologies to foster innovation and technological self-reliance, as outlined in a government document for the National People's Congress.

In a significant move to bolster its technological capabilities, China has announced plans to increase support for artificial intelligence (AI) and other cutting-edge technologies. The announcement came as part of a government document prepared for the annual meeting of the National People's Congress (NPC), China's parliament
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.China's strategy centers on fostering "industries of the future," with a particular emphasis on:
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.This focus on AI comes in the wake of recent global attention garnered by Chinese AI startup DeepSeek, highlighting China's growing presence in the AI sector
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.To achieve these ambitious goals, China has outlined several key strategies:
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These initiatives underscore China's determination to reduce its dependence on foreign technology and become more self-reliant. By fostering domestic innovation in critical areas like AI, quantum technology, and advanced manufacturing, China aims to secure its position as a global tech leader
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.The announcement comes amidst China's efforts to stimulate its economy and maintain technological competitiveness. The focus on AI and other advanced technologies suggests a strategic shift towards high-value, innovation-driven growth sectors
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.As China pushes forward with these plans, the global tech landscape is likely to see increased competition and potentially new breakthroughs in AI and related fields. The success of these initiatives could significantly impact China's economic and technological trajectory in the coming years.
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