According to the news released by Shenzhen, on October 14, the Shenzhen Municipal Government Information Office held a press conference to introduce the relevant situation of the "2024 Bay Area Semiconductor Industry Ecological Expo". It mentioned that in terms of aggregating industrial resources, the Shenzhen Semiconductor and Integrated Circuit Industry Alliance was established to build a high-level integrated circuit professional park around the landing of major projects, attracting upstream and downstream supporting enterprises to gather, and gradually developing from "point-shaped major project land" to "surface-shaped integrated circuit professional park"; at the same time, strengthen financial guarantees, through the city's guidance fund investment and leveraging social capital models to establish 38 integrated circuit-related funds with a total scale of over 100 billion yuan, and is accelerating the establishment of a 10 billion-level Shenzhen Semiconductor and Integrated Circuit Industry Investment Fund, and promoting a number of integrated circuit projects to be approved for 2024 local government special bonds.