19 September 2024
The Shenzhen Municipal Bureau of Industry and Information Technology (“the authorities”) issued the “Notice in relation to the Application for Subsidies for the 2024 Technical Innovation Project Support Plan for Manufacturing Sector Single Champion Enterprises” (“the Notice”) on 19 September 2024. The authorities proposed that enterprises awarded the title of “National Single Champion” would receive a one-off subsidy of up to RMB2 million. The Notice shall be effective from 19 September 2024.