Baidu's Li calls for investment fund to boost self-driving sector

National-level policies boosting industrialization can help promote competitiveness

A national investment fund for developing the self-driving industry should be set up and national-level policies aimed at speeding up the industrialization of self-driving vehicles should be introduced, said Robin Li, chairman and CEO of leading Chinese search engine Baidu Inc.

In his proposal to the first session of the 13th National Committee of the Chinese People's Political Consultative Conference, Li, a member of the committee, said the eligibility criteria for self-driving vehicles' operation should be clarified as soon as possible, and the authorities should issue licenses to suitable enterprises.