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China and India face considerable scope for cooperation in the field of AI: Indian venture capital veteran_我的网站

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China and India have considerable scope for cooperation in the field of artificial intelligence (AI), as their AI capabilities are complementary in many respects, a senior Indian investor told the Global Times in an exclusive interview.
There is considerable scope for AI cooperation in areas that address common global challenges, including healthcare, education, agriculture, climate resilience, industrial productivity and scientific research, always within the policy frameworks established by the respective governments and international perspectives on responsible and secure AI, Mahendra Swarup, founder of VG Capital and former president of the Indian Venture and Alternate Capital Association, told the Global Times on Wednesday.
AI is likely to become one of the defining technologies of this century. India's strengths lie in software development, engineering talent, digital public infrastructure and entrepreneurial innovation. China has developed significant capabilities in AI applications, hardware, manufacturing and large-scale deployment. "These capabilities are complementary in many respects," Swarup said.
The veteran on the front line of India's venture capital investment sector made the remarks amid improving bilateral ties and a certain level of liberalization of Chinese investments in India.
Chinese investors have historically contributed to the growth of several successful Indian companies, especially start-ups. While investment activity has been moderated by regulatory developments over the past few years, there has always been underlying interest in the Indian market because of its long-term fundamentals, Swarup said.
"If the recent improvement in bilateral relations leads to greater regulatory clarity and business confidence, the Chinese investors will once again evaluate opportunities in India, although the general sentiment is one of cautious optimism," said Swarup.
Amid positive momentum in bilateral relations, Swarup noted rising opportunities for entrepreneurs from the two countries to engage in practical cooperation.
There are several areas where entrepreneurs from India and China could potentially complement each other's strengths, subject to the regulatory frameworks of different sectors in both countries, the investor said, highlighting areas including healthcare technologies, clean energy, electric mobility, advanced manufacturing, climate technologies, industrial automation, logistics and supply-chain innovation.

"In whichever sector the complementary strengths of both China and India can be brought together responsibly, they can create value not only for both countries but also for global markets," said Swarup.
India has recently shown signs of easing some long-standing restrictions on trade and investment with China, with Chinese experts saying that the move reflects the country's growing recognition of China's importance to its economic development, and a desire to create a more favorable environment for improving bilateral ties.
There has been a gradual policy adjustment, including easing restrictions on foreign direct investment (FDI) in e-commerce, allowing FDI from companies with Chinese ownership, The Hindu reported on August 1.
With India set to host a BRICS summit this year, Swarup also said that Indian and Chinese companies can work together to promote the interests of developing countries.
India and China are both major economies with significant experience in addressing the challenges of development at scale. Although each country has followed its own development path, there are areas where companies from both nations can contribute meaningfully to broader development across Asia, Africa and other emerging markets, Swarup noted.
There is considerable potential for collaboration in affordable healthcare, digital financial inclusion, renewable energy, agricultural technologies, education technology, infrastructure, supply-chain development and support for small and medium-sized enterprises. These are areas where scalable and affordable solutions can have a significant impact on improving livelihoods, the veteran said.
Partnerships that combine technology, entrepreneurship and long-term investment can help create solutions that are both commercially sustainable and socially impactful. "As two of the largest economies in the Global South, India and China have the opportunity to contribute positively to sustainable development through innovation, responsible investment and constructive commercial engagement," Swarup said.
。 从今年10月1日起,新加坡家族理财办公室管理的基金,在申请家办税务奖励时必须附上新加坡金融管理局指定的筛查服务商所提供的背景调查报告。目前,金管局指定的筛查服务商(Screening Service Providers,简称SSP)共六家,它们是Avvanz、BDO Advisory、DC Frontiers、安永(Ernst & Young Advisory)、毕马威(KPMG Services)以及普华永道(Pwc)。金管局星期一(8月5日)在它的网站上发布这一消息。

B | 金管局说,为了给新加坡基金经理提供一个有利经营环境,在所得税法下第13O和13U条所规定的基金税务奖励计划下,包括家办在内的新加坡基金管理的基金投资工具,将可享有免税待遇,但这些基金必须符合计划规定的条件。

C | 要获得13O或13U税务奖励的批准,由家办管理的基金工具必须满足资产管理、投资专业人员、支出、资本调配和维持私人银行账户等各方面的特定条件。

D | 金管局说:“一般而言,这一筛查过程预计需要两周左右的时间完成。

E | ”有意申请者可直接联系筛查服务商,了解服务的更多详情,包括估计费用。申请者也可咨询家办专业顾问,后者可将这一筛查过程,纳入税务奖励申请。早在几年四月,金管局修改家办申请程序 审批时间有望缩短为了缩短家族办公室的审批时间,新加坡金融管理局修改设立新家办的程序,规定申请者在当局要求更多信息时须在一个月内回复,否则要重新提出申请。

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