Shanghai unveiled a new policy package on Tuesday to establish itself as a global hub for high-quality internet content creation, offering financial incentives, streamlined visa processes and tech support to attract creators worldwide.

The nine-point policy package designates two downtown districts – Huangpu and Yangpu – as pilot zones for global content creation clusters, with top-performing platforms, incubators and industrial parks eligible for an annual city-level reward of up to 10 million yuan.

Foreign creators will benefit from expedited visas, while more cultural venues and landmarks will open their doors for content production.

Global creator forums and innovation competitions will be hosted within the pilot districts.

AI-driven content projects can receive capital support covering up to 30 percent of their costs, while individual creators may receive up to 100,000 yuan for standout works.

The package also includes low-interest loans, shared workspaces and talent housing to lower entry barriers. (Xinhua)