11 September 2024
The Shenzhen Municipal Small and Medium-sized Enterprises Service Bureau (“the authorities”) issued the “Notice in relation to the 2024 Application Guide for the Support Plan of Digital Service Providers for Small and Medium-sized Enterprises” (“the Notice”) on 11 September 2024. The authorities proposed that for service providers that have actively engaged in business activities in Shenzhen Municipality for 3 years or more, employed at least 1,000 individuals providing digital services to Small and Medium-sized Enterprises and have achieved a revenue of RMB300 million in the previous year from digital transformation service, will be eligible for a maximum subsidy of RMB10 million. The Notice shall be effective from 11 September 2024.