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Shenzhen Allocates ¥4.5 Billion to Propel AI and Robotics Innovation

Shenzhen, a prominent technology hub in southern China’s Guangdong province, has unveiled an ambitious plan to inject 4.5 billion yuan into its burgeoning artificial intelligence and robotics sectors. This substantial financial commitment aims to fortify the city’s position as a global leader in technological innovation.

The newly announced policy package offers significant incentives to enterprises operating within these industries. Businesses can avail themselves of subsidies covering up to 60% of their computing power expenses, with a ceiling of 10 million yuan per company. These vouchers are designed to alleviate the substantial costs associated with high-performance computing, a critical component in AI development. Additionally, the government plans to introduce model vouchers, corpus vouchers, and scene-based subsidies to further stimulate growth and innovation within the AI and robotics sectors.

Lin Yi, the head of Shenzhen’s AI industry department, emphasized the city’s dedication to advancing humanoid robotics. He outlined plans to implement specialized policies aimed at achieving breakthroughs in key technologies, enhancing databases, and scaling up manufacturing processes. These initiatives are expected to accelerate the development and deployment of humanoid robots in various sectors.

To foster a collaborative ecosystem, the Shenzhen government intends to support companies through a ranking system designed to encourage partnerships and expedite technological advancements. This approach aims to create a synergistic environment where industry leaders, startups, and research institutions can collaborate effectively. The allocation of the 4.5 billion yuan fund is slated for this year, with applications for companies opening in March.

In a broader strategic move, Shenzhen plans to integrate AI and robotics into its major science and technology projects. This integration seeks to cultivate robust partnerships between industry players, academic institutions, and research organizations, thereby creating a comprehensive and collaborative innovation ecosystem. Zhang Lin, director of the Shenzhen municipal bureau of science and technology innovation, highlighted the city’s ambition to accelerate the development of a globally influential industrial and technological innovation center, positioning Shenzhen as a beacon of innovation.

Historically, Shenzhen has transformed from a modest fishing village into one of China’s most dynamic and innovative cities. Currently, it is home to over 2,200 AI companies, boasting a comprehensive AI industry chain that spans from smart chip production and algorithm development to large-scale models and software-hardware applications. This extensive ecosystem underscores the city’s capacity to support and sustain rapid technological advancements.

The city’s AI ambitions are not limited to financial incentives. Plans are underway to expand AI applications across various sectors, with an additional 100 scenarios set to be introduced in 2025. These scenarios will focus on areas such as municipal sanitation, emergency response, and healthcare, building upon the nearly 200 AI-powered applications already operational throughout the city. This expansion reflects Shenzhen’s commitment to leveraging AI to enhance public services and quality of life for its residents.



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