Guangdong: Focus on increasing investment in seed-stage and startup technology innovation companies.

The General Office of the People's Government of Guangdong Province issued a notice on several measures to further deepen the reform of the investment and financing system, which mentioned the research and introduction of policies to promote private enterprises' participation in building national or provincial and municipal research and development innovation platforms, accelerating the opening of major scientific research infrastructure and large scientific research instruments to private enterprises. Promote the sustainable high-quality development of Venture Capital, improve the linkage development mechanism of capital fundraising, investment management, and exit, establish a policy-based mother fund system covering angel investment, venture investment, mergers and acquisitions investment, S Funds, etc., support policy-based mother funds and state-owned capital to drive social capital co-investment, and rely on the equity trading center to carry out pilot projects for the transfer of equity investment and venture investment shares, focusing on increasing investment in seed-stage and startup technology innovation companies. In fields such as low-altitude economy, biomanufacturing, and optical chips, which have large investments, high professionalism, and a relative lack of social forces, the government will support the construction of a number of pilot platforms to smooth the industrialization channel of technological achievements.