Core Viewpoint - Shenzhen is accelerating the establishment of a corporate R&D reserve fund system and introducing support measures for high-growth innovative enterprises as part of a broader reform initiative to enhance its status as a technology innovation hub [1] Group 1: Strengthening Corporate R&D - In 2024, Shenzhen's corporate R&D investment is projected to reach 208.67 billion yuan, accounting for 93.3% of the total social R&D investment, the highest among Chinese cities [2] - The city aims to maintain corporate R&D investment at around 95% and will implement a support plan for high-growth innovative enterprises [2] - A funding mechanism for corporate R&D expenses will be established, providing post-funding support based on the previous year's R&D expense increase, with individual enterprise funding ranging from 100,000 yuan to 5 million yuan [2] Group 2: New R&D Institution Management - Shenzhen is exploring a flexible management system for new R&D institutions, which have been pivotal in driving technology transfer and industrial upgrades [3] - The city will implement a "full responsibility system" for top scientists, granting them autonomy to foster a conducive research environment [3] Group 3: Optimizing Innovation Organization Mechanisms - Shenzhen has implemented project manager and owner systems in various fields to address critical technological challenges [4] - The city plans to expand the use of a negative list for R&D funding and allow funds to flow across borders to attract global innovation resources [4] Group 4: Supporting Technology Transfer - Legislative changes will shift the incentive model for technology transfer from "post-conversion rewards" to "pre-empowerment" [6] - A new 2 billion yuan seed fund for technology innovation will be established to encourage long-term investments in hard technology [6] Group 5: Developing Major Innovation Platforms - Shenzhen is building significant technological infrastructures, including the second phase of the National Supercomputing Center and various research institutes [7] - The city aims to strengthen its national laboratories and key experimental facilities to support breakthroughs in artificial intelligence and other cutting-edge fields [7]

Core Viewpoint - The Chinese government is intensifying support for Shenzhen's role in the Guangdong-Hong Kong-Macao Greater Bay Area as an international technology innovation center, focusing on enhancing strategic technological capabilities and fostering major innovation platforms [1] Group 1: Government Initiatives - The Ministry of Science and Technology will increase efforts to support Shenzhen's deep involvement in the Greater Bay Area's international technology innovation center [1] - There is a focus on strengthening strategic technological capabilities by supporting the establishment and utilization of national laboratories and key laboratories [1] - The government aims to improve policies to nurture and grow leading technology enterprises, ensuring they can better undertake significant national scientific tasks [1] Group 2: Innovation and Development - Encouragement and regulation of the development of new research and development institutions will be prioritized [1] - Exploration of market-oriented management systems, including salary structures, is part of the initiative to enhance innovation [1]

Group 1 - The Ministry of Science and Technology supports Shenzhen in building and utilizing national laboratories and key laboratories for major technological innovation platforms [1] - Policies will be improved to cultivate and strengthen leading technology enterprises to better undertake national scientific and technological major tasks [1] - Encouragement and regulation of the development of new research and development institutions will be implemented, exploring a market-oriented compensation system [1] Group 2 - A comprehensive approach will be taken to advance reforms in education, science and technology, and talent systems, including deepening the management reform of research funding [1] - The implementation of a "budget + negative list" management system will be explored, along with the introduction of a project manager system for research projects, granting managers greater management authority [1] - Reforms in talent cultivation mechanisms will be strengthened, and support mechanisms for the introduction of overseas talent will be improved [1]