Shanghai will establish an AI Youth Entrepreneurship Fund

2026-03-07 18:06:48

The Shanghai Municipal Government’s themed press conference was held on February 7. Tang Wenkang, Director of the Shanghai Municipal Commission of Economy and Informatization, stated that in the field of embodied intelligence, nearly 40 humanoid robots have moved from laboratories into daily life and empowered the real economy in Shanghai. More than one-third of overseas returnees prioritize starting businesses and working in Shanghai. The city will provide efficient services, build an international open-source AI community, establish an AI youth entrepreneurship fund, and support young entrepreneurs to develop in Shanghai.

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