Heavy | Jiangxi Province promulgates the latest policy to build a world-class VR center in Nanchang to accelerate the development of AI/VR industry

The editor of the VR Network (WeChat public account: VR Platform) recently learned that the General Office of the People's Government of Jiangxi Province has issued an important document titled *"Accelerating the Development of Artificial Intelligence and Intelligent Manufacturing."* This policy aims to promote the integration of AI into smart manufacturing across the province, foster new economic growth drivers, and introduce a series of targeted support measures. The document highlights the importance of developing key AI products such as intelligent software and hardware, robots, delivery vehicles, virtual reality (VR), augmented reality (AR), smart terminals, and IoT devices. As part of the first batch of provincial smart manufacturing industrial bases, these technologies will be prioritized. The plan also includes building 10 smart manufacturing bases during the "13th Five-Year Plan" period, with special emphasis on creating a world-class VR center in Nanchang and a national IoT industrial base in Yingtan. Each base will receive 10 million yuan in funding for public platform development. The full text of the *"Measures on Accelerating the Development of Artificial Intelligence and Intelligent Manufacturing"* outlines ten key strategies: 1. **Focus on Key Areas**: Develop AI products, smart manufacturing equipment, and applications across industries like biomedicine, textiles, electronics, and automotive. Encourage AI integration in agriculture, tourism, logistics, and healthcare. 2. **Major Projects**: Select and prioritize AI and smart manufacturing projects, ensuring land use and financial support from provincial funds. 3. **Industry Clusters**: Build industrial bases and provide rental subsidies to attract companies, particularly in Nanchang and Yingtan. 4. **Support Leading Enterprises**: Attract top domestic and international firms, encourage transformation into service-oriented businesses, and offer tax incentives. 5. **Promote Applications**: Launch pilot programs, expand smart workshops, and provide subsidies for purchasing advanced AI equipment. 6. **Boost R&D and Innovation**: Support research institutions, reward standard-setting achievements, and provide subsidies for trial equipment. 7. **Open Market Access**: Publish product catalogs, encourage procurement, and support overseas expansion through exhibitions and brand acquisitions. 8. **Enhance Credit Support**: Encourage banks to offer favorable loans, expand guarantee ratios, and include AI companies in credit priority lists. 9. **Expand Financing**: Establish a dedicated fund for AI and smart manufacturing, guide venture capital, and support listings on stock markets. 10. **Increase Insurance Coverage**: Promote insurance products tailored for AI and smart manufacturing, including compensation mechanisms for major equipment. 11. **Implement Tax Incentives**: Apply reduced corporate tax rates, allow R&D deductions, and offer tax credits for equipment investments. 12. **Attract Talent**: Integrate high-level AI talent into provincial plans, offer one-time incentives, and encourage equity-based compensation. These measures reflect Jiangxi’s commitment to becoming a leader in AI and smart manufacturing, positioning itself at the forefront of China’s technological transformation.

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