On November 6th, according to the China Financial News Network (editor Liu Rui), on this Thursday, a Japanese legislator revealed that Japan's ruling Liberal Democratic Party plans to maintain and consolidate its support for the artificial intelligen

According to the General Director of the Liberal Democratic Party Member Alliance, Kenzaburo Seiko, most of the funds will be implemented through the regular annual budget starting from next April rather than through the special budget of the current

This funding implementation is different from the past few years, when the Japanese government has been implementing its AI chip revitalization strategy through supplementary budgets.

Kan Fanghong said in a press interview after the Liberal Democratic Party group meeting on Thursday that this shift is expected to make it easier for the government to obtain funding in a stable manner.

Japan has formulated a new strategy to revitalize domestic chip manufacturing since 2021. According to Japan's Ministry of Economy, Trade and Industry, the Japanese government has allocated about 5.7 trillion yen (approximately RMB 263.928 billion yu

"Since we were uncertain whether this approach would succeed at that time, we only relied on additional budgets to advance the work," said Guan Fanghong. "But from now on, the share of the Ministry of Economic Affairs in the regular budget will incre

In last year's supplementary budget, about 1.5 trillion yen was specifically allocated to support domestic semiconductor and AI projects. This was the first allocation of more than 10 trillion yen of new public funds promised by former Prime Minister

Of the designated funding from the Japanese government, about 1.7 trillion yen has been allocated to Rapidus, a Japanese chip company. The company, jointly established by eight major Japanese companies including SoftBank, Sony, and Toyota in 2022, pl

In addition, the Hiroshima plant of US-funded storage chip giant Micron Technology has also received 774.5 billion yen in funding.