Guangzhou: Guide the cultural industry investment fund to increase investment in the gaming and esports industry

The Guangzhou Municipal Government has issued the "Eighteen Measures to Support the Development of the Gaming and Esports Industry in Guangzhou", which includes encouraging game products to go global. It supports game companies to organically integrate excellent traditional Chinese cultural elements with game scenes, and promotes game products going global. For excellent game products that are distributed overseas and have strong influence, a one-time subsidy not exceeding 300,000 RMB will be given based on the actual annual settlement amount of each game product. It aims to cultivate and attract market entities in the gaming and esports industry. Cultivating unicorn companies and other high-quality enterprises in the gaming and esports field, attracting leading game manufacturers, esports event operators, esports clubs, etc., to develop in Guangzhou, and enjoy corresponding policies and services in accordance with the law. It encourages investment in the gaming and esports industry. It leverages the role of Guangzhou government investment funds to guide social capital into the gaming and esports industry and related derivative industries. Establish a diversified and multi-channel investment mechanism of "government guidance, market orientation, and social participation", explore projects with distinct market-oriented attributes, diversified capital structure, multiple levels, and the ability to form operational assets, and arrange support funds for "supplementary and transformational investments" reform pilot projects. Encourage cultural industry investment funds to increase investment in the gaming and esports industry. Encourage financial institutions to innovate service products for the gaming and esports industry, and support relevant enterprises to accelerate development using multi-level capital markets.