"As the industrial cluster keeps growing, a complete AI industrial chain has basically formed, and the sector's scale has expanded significantly. In 2021, the combined output value of AI enterprises above a designated size, or with an annual revenue of 20 million yuan or above, has surpassed 300 billion yuan," said Gong Zheng, mayor of Shanghai.

The metropolis has also seen numerous key technological breakthroughs, with the construction of multilevel innovative platforms accelerating and the introduction of intelligent chips increasing, Gong said.

He added that Shanghai has also gathered about one-third of the nation's specialized AI talent.

Furthermore, with the high-tech application going deeper and wider, Shanghai is going to see a batch of benchmark AI applications in the near future, Gong said.