Guangdong: Support eligible manufacturing and service industry integrated enterprises in going public, issuing bonds, and mergers and acquisitions.

People’s Financial News, March 26 — The General Office of the CPC Guangdong Provincial Committee and the Guangdong Provincial Government issued the “2026 Action Plan for Promoting the Coordinated Development of Manufacturing and Service Industries in Guangdong Province.” The plan emphasizes strengthening financial support. It guides financial institutions to make good use of technological innovation and re-lending policies for technological upgrades, increasing credit support in the science and technology innovation sector. It encourages banks to enhance the specialization of their technology branches and develop financial products such as quality financing guarantees, intellectual property pledges, equity pledges, and accounts receivable financing. It promotes insurance companies to launch insurance products covering the entire lifecycle of manufacturing enterprises’ research and development, production, and operations. It supports the development of large machinery equipment leasing, such as industrial mother machines and first-of-its-kind equipment, explores new leasing sectors like low-altitude economy and computing power, and encourages regions with suitable conditions to create clustered leasing service zones. It makes good use of national and provincial industrial investment funds, focusing on high-quality development needs of advanced manufacturing, investing early, small, future-oriented, and in hard technology. It supports eligible manufacturing and service industry integrated enterprises in going public, issuing bonds, and mergers and acquisitions. By the end of 2026, the growth rate of technology loans is expected to surpass the average loan growth rate.