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BANK OF CHINA to Offer RMB1T Min. in Special Comprehensive Financial Support for AI Industry Chain Development
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BANK OF CHINA (03988.HK) (601988.SH) has released the "Action Plan to Support the Development of the AI Industry Chain" aimed at providing special comprehensive financial support totaling no less than RMB1 trillion to various entities across the entire AI industry chain over the next five years. This also includes a combined equity and debt support of no less than RMB300 billion. In addition, a special system will be established to ensure compatibility with AI technology innovation as well as the financial needs of all segments across the industry chain. AAStocks Financial News |
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