Guangdong: Guide angel investment, venture capital, private equity investment and other social capital to increase investment in new track projects.

The General Office of the People's Government of Guangdong Province has issued the "Implementation Plan for Accelerating the Expansion of Effective Industrial Investment in Guangdong Province", which emphasizes the need to increase funding through various channels. Local departments should strengthen communication and coordination with national ministries to actively promote more industries and projects to be included in the national "plate", actively seek national funding and policy support; coordinate the increase of special funds at all levels of finance to support new growth points in industries such as new track events; prioritize support for new track projects with provincial enterprise technology transformation funds, and appropriately increase the support ratio. Upgrade and establish a provincial industrial development investment fund, strive to establish sub-funds in Guangdong for national related industrial investment funds, coordinate to play the guiding role of "government funds + government investment", guide angel investment, venture capital, private equity investment and other social capital to increase investment in new track projects. Utilize policies such as interest subsidy for manufacturing enterprise loans, implement policies such as pre-tax deduction of enterprise R&D expenses and VAT increment deduction for advanced manufacturing to alleviate enterprise investment pressure. Encourage policy-oriented, developmental, and commercial financial institutions to innovate financial products and service models, focus on new track new areas to provide precise and effective support. Guide state-owned enterprises to invest and layout in new track areas, encourage central and local, provincial and municipal state-owned enterprises, and private capital to carry out new track industrial cooperation through various means such as joint investment, innovative collaboration, industrial cooperation, scene expansion, and ecological governance.