22 November 2024
On 22 November 2024, the Shenzhen Municipal Small and Medium-sized Enterprises Service Bureau (“the authorities”) issued the “Notice of Issuing the “Implementation Measures for the Financial Support of the Pilot City for Small and Medium-sized Enterprises Digital Transformation by the Shenzhen Municipal Small and Medium-sized Enterprises Service Bureau”” (“the Measures”). The Measures shall allocate no less than 80% of the subsidy funds to support the digital transformation work of small and medium-sized enterprises. The authorities shall also allocate no more than 20% of the subsidy funds to support the enhancement of public service capabilities. These Measures shall be valid until 30 June 2026.