BEIJING (Reuters) – China’s southern tech metropolis of Shenzhen mentioned on Monday it could supply as much as 300 million yuan ($47 million) in monetary incentives per undertaking as a part of a push to turn into an innovation hub for satellite tv for pc improvement and associated trade functions.
Town, in Guangdong province, will assist tasks with as much as 40% of their complete funding, or as a lot as 300 million yuan per undertaking, its financial planning company mentioned.
Shenzhen’s push to develop its satellite tv for pc trade chain is consistent with ongoing efforts to rework itself into a wise metropolis powered by synthetic intelligence and massive information.
The beefing up of Shenzhen’s satellite tv for pc manufacturing and functions capabilities comes because the Higher Bay area – comprising Guangdong, Hong Kong and Macau – develops its personal satellite tv for pc constellation.
In April, two business remote-sensing satellites have been launched by a Hong Kong-based satellite tv for pc operator as a part of the Golden Bauhinia undertaking, which goals to finally provide 11 metropolis clusters within the Higher Bay area with close to real-time information.
($1 = 6.3923 Chinese language yuan renminbi)
(Reporting by Liangping Gao and Ryan Woo; Enhancing by Simon Cameron-Moore)