DURING the city’s ongoing “two sessions” season, technology has emerged as a hot topic among lawmakers and policy advisors.

Zeng Changqing, from Guangdong Baocheng Law Firm, emphasized the challenges Shenzhen faces in branding itself as a distinct sci-tech city. “Shenzhen needs more targeted policy support and should enhance coordination within its industrial chain as it seeks to establish itself as a sci-tech city,” he stated.

Zeng proposed that the government should establish an innovation fund for small and medium-sized technology enterprises, offering tax rebates to companies whose research and development investments account for more than 10% of their total investment. He also highlighted the importance of attracting more top global research teams to the city.

He added that the Municipal Bureau of Science, Technology, and Innovation should take the lead, bringing together major enterprises like Huawei and Tencent with small and medium-sized companies to promote collaborative innovation within the industry chain.

Shenzhen is encouraging enterprises to take the lead in tackling major technological challenges, enabling them to independently manage projects with the support of government services. Data show that 52 enterprises in the city are currently undertaking 147 national major technology research projects.

In terms of attracting tech talent, Shenzhen has released a list of 10 high-demand positions in key industries, including intelligent connected vehicles and the low-altitude economy. The city supports over 300 high-level talent teams and has nurtured 12 listed companies.

With 26,200 high-level talent and a total talent pool of nearly 7 million, the city continues to position itself as a leading hub for technology and innovation.

(Lian Jiaqi)