Shenzhen, China’s Silicon Valley, plans to turbocharge local AI development with first-of-a-kind regulations

The document singled out healthcare AI, encouraging medical institutions to come up with simpler review systems for faster approvals of pilot AI products. At stake is China’s US$23.2bil AI industry, which is expected to see rapid growth to surpass 400bil yuan by 2025. — SCMP

China’s tech hub Shenzhen plans to turbocharge the development of artificial intelligence (AI) in the city, with supporting policies that include fast-tracking the commercialisation of AI products and providing better access to public data.

A draft document outlining the plan – China’s first instance of local regulations drawn up for the AI sector – was submitted to the Shenzhen’s People’s Congress for review on Monday, according to a statement on its website.