Guangdong: Increase financial support for the development of technology-based small and medium-sized enterprises, and various research and development entities' activities in technological innovation.

According to the WeChat official account of the Guangdong Provincial People's Government Portal, on January 29, the expanded meeting of the Guangdong Provincial Party Committee Financial Committee and the province-wide financial system work conference was held in Guangzhou. The meeting emphasized the need to comprehensively promote and focus on key areas, and to solidly advance the construction of Guangdong's financial powerhouse and the high-quality development of the financial sector. It instructed to provide solid financial services to support the production and operation of enterprises, strengthen structural reform on the supply side of finance, enhance coordination between financial institutions and enterprises, facilitate information matching, and make every effort to help companies solve financing issues and vigorously support mergers and acquisitions. It also emphasized support for financial work in technological innovation, establishing a technology financial service system that matches the construction of the Greater Bay Area's international science and technology innovation center, increasing financial support for the development of technology-oriented small and medium-sized enterprises and various research and development entities, actively introducing world-class venture capital institutions, and enhancing the ability to discover and cultivate the value of unicorn companies and industry leaders. Additionally, it highlighted the need for financial support in the construction of a modern industrial system, where banks, insurance companies, securities firms, and other industries collectively support the optimization and upgrading of traditional industries, promote the growth and development of emerging industries, and shape the future industrial landscape.