Haizhu district in Guangzhou, Guangdong province has officially launched an artificial intelligence scene trading platform, with an initial batch of 49 scene orders valued at more than 13 million yuan ($1.8 million), according to China News Service.

Built by the district government, the platform aims to efficiently connect AI supply and demand nationwide and facilitate precise matching of scene-based orders.

The platform features dedicated sections, including national scene opportunity orders, a national scene capability library, and investment opportunities.

By the end of this year, it is expected to host more than 400 cumulative orders and over 1,500 AI capability enterprises, according to the report.

The World Internet Conference (WIC) was established as an international organization on July 12, 2022, headquartered in Beijing, China. It was jointly initiated by Global System for Mobile Communication Association (GSMA), National Computer Network Emergency Response Technical Team/Coordination Center of China (CNCERT), China Internet Network Information Center (CNNIC), Alibaba Group, Tencent, and Zhijiang Lab.