China’s Shenzhen lays down marker for tech investment with US$22 billion pledge
China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in “new-type infrastructure” investment for the year as it called on the city to embrace challenges like a “seabird braving the storm.” When delivering the city’s work report on Tuesday, Shenzhen Mayor…