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Shenzhen releases various policies for the sci-tech innovation and professionals’ development

Source: Longgang Media Convergence GroupUpdated:2025-02-26

According to the news conference held by the News Office of The People’s Government of Shenzhen Municipality, Shenzhen releases a series of policies, to optimize the ecology and conditions of scientific innovation and professionals’ development, so as to promote over-10% growth of the society’s investment in research and development and further advocate enterprises’ leading role in sci-tech innovation.

Shenzhen is about to set up 10-billion-yuan-worth industry fund, to support artificial intelligence industry and robot industry, especially to facilitate the development of AI software, AI hardware, embodied intelligence, etc. In 2025, Shenzhen would strive to collect 4.5-billion-yuan worth of funds, for releasing coupons to cut enterprises’ spending in using intelligent computing, models and corpora, subsidizing the scenario application, supporting the sci-tech research, and the like. An enterprise could obtain a subsidy/subsidies of no more than 60% of its cost in using intelligent computing and no more than 10 million yuan totally. The application is scheduled to commence from March.

Shenzhen, for the past consecutive 12 years, has implemented 7-day free housing policy to offer every fresh graduate who is seeking employment in Shenzhen free accommodation for 7 days. The term of the free accommodation would be prolonged to 15 days soon. Meanwhile, Shenzhen would put forward more-targeted indemnificatory housing policies to offer a larger quantity of housing for professionals of different fields, so as to help them settle down in Shenzhen and achieve further development.

Shenzhen would also make more efforts to introduce private capital to the major projects. In 2024, it attracted 126-billion-yuan-worth investment from the private sector for 23 major projects. In 2025, it plans to pool over 200 billion yuan of private capital for the projects covering the significant sectors, like energy, transportation, water conservancy.

During the recent years, Shenzhen vigorously promotes the integration of innovation chain, industry chain, capital chain and professional chain, while propelling the uniform reform in the educational, scientific and human resource mechanisms, in order to be absolutely innovative, expressed by Zhang Lin -- director of Sci-tech Innovation Bureau of Shenzhen Municipality.


Reference: xinhuanet

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