Five years, 1 trillion yuan! Bank of China launches "Artificial Intelligence" special comprehensive financial support

Bank of China releases financial support plan aimed at promoting the development of the artificial intelligence industry chain.

On Friday, January 23, Bank of China announced that over the next five years, it plans to provide a total of no less than 1 trillion yuan in special comprehensive financial support for various entities in the entire artificial intelligence industry chain, including a total of no less than 300 billion yuan in equity and debt, while establishing a special institutional guarantee that aligns with technological innovation in artificial intelligence to serve the financial needs of all links in the industry chain.

Specifically, the core content of the plan includes the following four main aspects:

First, empowering national technological self-reliance and strength. Bank of China has launched a "1+1+N" full-cycle service model aimed at providing comprehensive support to enterprises involved in innovative technologies; establishing direct cooperation with major special projects in artificial intelligence technology to provide "one-stop" customized financial services covering "basic research - achievement transformation - industrial application."

Second, serving the supply of artificial intelligence elements. Computing power and data are the two key elements for the development of the AI industry. Bank of China fully leverages its comprehensive financial service advantages to comprehensively support the development of intelligent computing infrastructure through diversified financial tools such as equity, loans, bonds, insurance, and leasing.

In addition, Bank of China focuses on the planning of national computing power hub nodes, focusing on supporting the construction of intelligent computing centers and supporting facilities and park infrastructure. At the same time, the bank also provides financial guarantees such as property insurance and comprehensive insurance for major technical equipment for the first unit (set), effectively enhancing enterprises' risk management capabilities.

Third, promoting technological innovation in artificial intelligence. For technology innovation enterprises in the field of artificial intelligence, Bank of China provides differentiated financial services throughout their life cycle. The bank has created a "Bank of China M&A+" one-stop service system aimed at promoting the integration and upgrading of artificial intelligence technology and industrial resources.

Bank of China also plans to establish an integrated service system of "equity + commercial bank + investment bank," integrating the domestic and foreign investment banking advantages of Bank of China Group AIC equity investment fund, Bank of China International, and Bank of China Securities. This comprehensive service system will help key core technology enterprises access capital market financing channels and cultivate "unicorns" and listed companies in the industry chain.

Fourth, promoting the application of artificial intelligence scenarios. Bank of China plans to open and create application scenarios such as intelligent marketing, intelligent operations, and intelligent risk control, providing practical platforms for the implementation of artificial intelligence technology; building a platform for upstream and downstream connections in the industry chain to provide differentiated supply chain financial service solutions for different scenarios. Supporting emerging fields such as "artificial intelligence + robotics," "artificial intelligence + low-altitude economy," "artificial intelligence + biomanufacturing," and "artificial intelligence + new materials," helping to cultivate new momentum.

Looking ahead, Bank of China stated that it will take serving the artificial intelligence industry chain as a pilot to build a comprehensive and multi-level financial service system, continuously creating a new paradigm of technology finance, fully supporting key core technologies, and promoting a high-level cycle of "technology - industry - finance," contributing continuous financial momentum to the construction of a modern industrial system and promoting high-quality development