Guangxi's 15th Five-Year Financial Plan: AI Fund Cluster to Exceed 50 Billion Yuan
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The General Office of the People's Government of Guangxi Zhuang Autonomous Region has issued the '15th Five-Year Plan for the Development of Guangxi's Financial Industry,' which includes a major initiative to accelerate the construction of an artificial intelligence (AI) sector fund cluster with a total scale of no less than 50 billion yuan. The plan aims to improve the financial support system adapted to AI development, identifying and cultivating high-quality AI enterprises for listing and financing. It encourages banks, insurance companies, and guarantee institutions to innovate full-lifecycle credit products and service models, including the development of 'AI loans' and 'computing power loans.' Additionally, the plan seeks to strengthen financial support for building an overseas comprehensive service system oriented toward ASEAN, leveraging policy-based export credit insurance to provide integrated financial solutions for AI enterprises expanding globally.
Source report
Cailian Press, September 19 — The General Office of the People's Government of Guangxi Zhuang Autonomous Region has released the 15th Five-Year Plan for the Development of Guangxi's Financial Industry, outlining key measures to strengthen financial support for artificial intelligence (AI) development.
Key Initiatives
- AI Fund Cluster: Accelerate the construction of an AI sector fund cluster with a total scale of no less than RMB 50 billion.
- Enterprise Support: Identify and cultivate high-quality AI enterprises for listing (or quotation) and financing.
- Innovative Credit Products: Encourage banks, insurance companies, guarantee institutions, and other entities to develop full-lifecycle credit products and service models, including innovative offerings such as "AI loans" and "computing power loans".
- Overseas Expansion: Strengthen financial support for building an overseas comprehensive service system oriented toward ASEAN, utilizing policy-based export credit insurance tools to provide integrated financial solutions for AI enterprises going global.
Source
财联社Eastern
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Guangxi issues 15th Five-Year Plan targeting 50 billion yuan AI fund cluster by 2030