14 October 2024
On 14 October 2024, the Office of the Management Committee of the Guangzhou Development Zone and the General Affairs Office of the Huangpu District of the Guangzhou Municipal People’s Government (“the authorities”) issued the “Notice of Issuing Several Measures for Promoting High-quality Construction of Public Service System for Small and Medium-sized Enterprises in the Guangzhou Development Zone and Huangpu District of Guangzhou Municipality” (“the Notice”). The Notice proposed 9 professional services for small and medium-sized enterprises, including strengthening financing guarantee services, supporting banking financial institutions to collaborate with venture capital institutions to provide “bond and equity” co-financing, and ensure that micro, small and medium-sized enterprises to receive financing opportunities no less than 50 times per year.