People walk along the Bund in Shanghai. China’s financial capital has been keen on developing its technology sector over the past few years. Photo: Reuters
People walk along the Bund in Shanghai. China’s financial capital has been keen on developing its technology sector over the past few years. Photo: Reuters

Shanghai to encourage AI, VR development as it eyes bigger role in tech

  • AI, VR technologies have ‘the potential to evolve into several clusters of industries’, analyst says
  • Key companies in these fields are expected to enjoy cuts in corporate tax rates

People walk along the Bund in Shanghai. China’s financial capital has been keen on developing its technology sector over the past few years. Photo: Reuters
People walk along the Bund in Shanghai. China’s financial capital has been keen on developing its technology sector over the past few years. Photo: Reuters
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