Page 104 - AmCham South China 2026 Special Report on the State of Business in South China

internationally competitive system of talent New guidelines to enthuse venture
introduction and utilization. capital (VC) ecosystem

? Improve the high-level open economic In March 2025, Shenzhen unveiled the ¡°2025-
system: Intensify institutional opening, support 2026 Action Plan for Promoting High-quality
rule-based connectivity and deepen cooperation Development of Venture Capital¡± , aimed at
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and development in the GBA. Expand the opening cultivating and guiding patient capital to serve the
up of financial, shipping and other industries to the ¡°20+8¡± strategic emerging industries and future
outside world. industrial clusters in Shenzhen.

? By 2035, the city will become a hub of ? By 2026, Shenzhen aims to become an
innovation, entrepreneurship and creativity with innovative capital hub connected to Hong Kong
global influence, serve as a model city for China¡¯s and Macau and a highland for patient and daring
modernization and take the lead in achieving capital development.
socialist modernization.
? The city is striving to form a trillion-yuan-
? By 2035, Shenzhen¡¯s economic output and level government investment fund group, a
per capita GDP will double compared with 2020. hundred-billion-yuan-level ¡°20+8¡± industry fund
group, a billion-yuan-level angel mother fund and
Measures unveiled to attract foreign seed fund group.
investment
? It also aims to have over 10,000 equity
In May 2024, Shenzhen announced a investment and venture capital funds on record.
comprehensive plan featuring 20 measures to
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attract and utilize foreign investment, aiming to ? Shenzhen plans to build venture capital
boost the city¡¯s global economic influence. ecological demonstration clusters in areas such
as Xiangmi Lake, Shenzhen Bay, Qianhai Bay and
? From 2023 to 2027, manufacturing Guangming Science City, providing no less than 5
enterprises that achieve an annual increase in million m of industrial space and supporting facilities.
2
actual foreign investment totaling at least US$50
million will be eligible for a maximum annual Opinions on Further Advancing
reward of RMB50 million (US$7 million) per Shenzhen¡¯s Comprehensive Pilot Reforms
enterprise, with a cumulative maximum reward of to Deepen Reform and Innovation and
RMB150 million. Expand Opening Up 57

? Similarly, foreign-invested enterprises 2025 marks the 45th anniversary of the
(excluding those in the financial and real estate establishment of the Shenzhen SEZ and the
sectors) that meet the same investment threshold fifth anniversary of the implementation of the
will receive a maximum annual reward of RMB20 Shenzhen comprehensive reform pilot. In June
million per enterprise, with a cumulative maximum 2025, the government released new measures to
reward of RMB80 million. accelerate the comprehensive reform in Shenzhen
and advance innovation and opening up. This is
? In addition, multinational companies¡¯ an upgraded version of the 2020 reform plan.
regional headquarters accredited by Guangdong Highlights include:
Province and multinational corporate headquarters
in Shenzhen will each receive a one-time reward of ? Making efforts to build a high-level
RMB5 million if their actual annual foreign investment international trade hub, accelerating the
increases by at least US$10 million (excluding those
in the financial and real estate industries). 56 https://www.cnbayarea.org.cn/city/shenzhen/zxdt/
content/post_1284209.html
55 Government site of Shenzhen, https://www.sz.gov. 57 Government site of Shenzhen, https://www.sz.gov.
cn/cn/xxgk/zfxxgj/zcjd/content/post_11302239.html cn/cn/xxgk/zfxxgj/zwdt/content/post_12221744.html

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