Zhejiang: Support AI Application in Scientific Discovery and Tech Innovation Across All Fields

The Zhejiang Provincial Party Committee and Government released opinions on creating a first-class innovation ecosystem to build the most competitive business environment. The opinions call for deepening the 'Digital Zhejiang' initiative, fostering an open-source ecosystem, and fully implementing 'AI+' actions. This includes deploying scientific foundation models to support AI-empowered scientific discovery and technological innovation across fields, and integrating AI with industrial development, consumption upgrading, cultural construction, livelihood security, and social governance. Additionally, the opinions emphasize high-quality sci-tech finance development, improving the financial system for sci-tech innovation, promoting innovation scoring, guiding financial resources to sci-tech enterprises, implementing 'patient capital' special actions, establishing social security sci-tech fund market mechanisms, and using monetary policy tools to support sci-tech loans and bonds. By 2027, sci-tech loans should grow steadily, with sci-tech insurance coverage exceeding 700 billion yuan. By 2030, sci-tech innovation bond issuance should rank among the top nationwide.