28 July 2020
The Science and Technology Innovation Committee of Shenzhen Municipality has issued a notice on administrative measures on Shenzhen-Hong Kong-Macao science and technology projects in Shenzhen on 28 July 2020. The measures stipulate that the Shenzhen-Hong Kong-Macao science and technology projects are divided into 3 categories, including Shenzhen-Hong Kong or Shenzhen-Macao joint funding projects, Shenzhen funded technological research projects and Shenzhen funded scientific research achievements industrialization projects in Hong Kong and Macao. In addition, it clarifies the financial subsidies for the Shenzhen-Hong Kong-Macao science and technology projects are mainly used for equipment costs, scientific research materials and service costs, human resources costs and other related expenses and shall not be used for staff salaries and general administrative expenses. The measures specify the financial support limits for each category of projects and the conditions of the applicants and the projects. It also specifies the relevant application items for different project types, including application materials, application methods, contract signing and assessment agency, etc. The measures came into force on 1 August 2020 and would be valid until 1 August 2025.