🚀 Shenzhen's Bold Move: 20-Point Plan to Boost Tech Funding! 🌐

Amid US-imposed investment restrictions, Shenzhen, China's tech hub, unveils a 20-point plan to strengthen local tech funding and support. Key highlights include:

🔹 Establishing an "innovative capital center" and a "world-class exchange"

🔹 Initiating "equity + debt" financing trials in Hetao and Qianhai cooperation zones

🔹 Encouraging insurance firms to create specialized plans for tech companies

🔹 Expanding bond issuance by eligible companies

🔹 Exploring mechanisms for exchanging credit information between Shenzhen and Hong Kong

This ambitious plan reflects Shenzhen's determination to support its domestic tech sector in the face of US sanctions. Home to giants like Tencent and Huawei, Shenzhen aims to maintain its position as a global tech leader.

🤔 What do you think about Shenzhen's 20-point plan? Will it help China's tech sector thrive? Share your thoughts in the comments! 👇