上海出台扶持政策，关注国产AI产业链

Investment Rating - The industry investment rating is "Positive" and maintained [8] Core Insights - On July 28, the Shanghai Municipal Economic and Information Commission issued measures to further expand the application of artificial intelligence (AI), including a 600 million yuan subsidy for computing power and a 300 million yuan subsidy for model applications [6][12] - The policy aims to lower the cost of using intelligent computing power and accelerate the development and application of large models, with a maximum 30% rent subsidy for computing power rental [6][12] - The focus on high-quality data is emphasized, with a 100 million yuan corpus subsidy to enhance public service platforms for data procurement [12] Summary by Sections Policy Support - Shanghai's AI application support policy is a significant local initiative following similar policies in Shenzhen, Hangzhou, and Suzhou, which is expected to bolster the development of the domestic AI application industry [12] Subsidy Details - The measures include issuing 600 million yuan in computing power vouchers and providing up to 10% construction support for self-deployed intelligent computing facilities [6][12] - A maximum of 500,000 yuan subsidy is available for third-party large model API deployment or private deployment [12] Data Value Enhancement - The issuance of 100 million yuan in corpus vouchers aims to support the procurement of high-quality data, which is crucial for improving model performance [12] Investment Opportunities - The report suggests focusing on investment opportunities arising from the policy support for the AI industry, including domestic large model manufacturers, AI-related entities, and the domestic computing power supply chain [12]