17 October 2024
On 17 October 2024, the Shenzhen Municipal Industrial and Information Technology Bureau (“the authorities”) issued the “Notice of Issuing 2025 Application Guidelines for the Industrial Investment Project Support Scheme of Shenzhen Municipal Industrial and Information Technology Bureau” (“the Notice”). The Notice announced to fund major industrial investment projects based on the ratio of 20% of the actual and eligible total capital cost incurred from the project, with subsidy provided up to RMB 50 million. Applicants shall submit the project application online before 6pm on 15 November 2024.