Guangdong Science and Technology Department: Will promote the aggregation of financial capital towards technology enterprises, driving more social capital to invest early, invest in small enterprises, invest long-term, and invest in hard technology.

The Guangdong Provincial People's Government News Office held a special press conference on "Starting the '15th Five-Year Plan' in Guangdong". Wang Yueqin, director of the Guangdong Provincial Department of Science and Technology, stated that Guangdong will promote the convergence of financial capital towards scientific and technological enterprises. Guangdong will focus on the deep integration of the innovation chain, industrial chain, fund chain, and talent chain, leveraging the guiding role of the national venture capital guidance fund, the Guangdong-Hong Kong-Macao Greater Bay Area regional fund, and the Guangdong Provincial Strategic Emerging Industry Investment Guidance Fund. This will mobilize more social capital to invest in early-stage, small-scale, long-term, and hard-tech projects. Additionally, efforts will be made to expand and enhance science and technology credit and insurance, improve fiscal support through "supplementary and revised investments", deepen the recommendation mechanism for science and technology enterprises under the "innovation credit system", and promote a two-way flow of financial capital and technology enterprises.