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According to recent reports, the Shenzhen Municipal Government has rolled out a comprehensive set of five policy measures aimed at boosting the growth and development of its mold industry. These initiatives are designed to create a more supportive environment for manufacturers, enhance infrastructure, and promote talent development within the sector.
First, financial support is being prioritized. The municipal and district (town) governments will provide matching funds for the development and construction of industrial cluster bases. Specifically, the funding for these projects—excluding land acquisition costs—will be primarily covered by local finances in a 3:7 ratio, with the city contributing 30% and the districts 70%. This ensures a balanced and sustainable investment strategy.
Second, the government is focusing on land planning. Industrial agglomeration bases will be incorporated into Shenzhen’s overall land use plan and short-term development strategies. This ensures that these areas receive proper zoning and long-term support for their expansion.
Third, efforts are being made to improve the construction environment. For industrial clusters included in the recent development plans, external municipal facilities such as roads, utilities, and public services will be prioritized. Relevant departments, including the Municipal Planning and Land Resources Bureau, will ensure that infrastructure is developed in advance, creating a solid foundation for businesses.
Fourth, the government is streamlining administrative procedures. Authorities at both the city and district levels are simplifying the approval processes for project establishment, land use, environmental protection, and construction. A green channel is being established to expedite these procedures, while post-approval issues will be handled efficiently. Customs, entry-exit inspection, and quarantine agencies are also encouraged to offer faster and more convenient services to businesses.
Lastly, the government is investing in human resources. It encourages collaboration between industrial clusters and domestic and international universities and training institutions to establish diverse and multi-channel talent development programs. Additionally, it supports the creation of specialized training schools and industry-specific talent centers within the clusters, ensuring a steady supply of skilled workers.
These five policies mark a significant step forward in supporting Shenzhen’s mold industry, helping it become more competitive, efficient, and sustainable in the global market.