Subsidy Watch: Shenzhen Qianhai
The twelve proposed measures include subsidies for insurance premiums.
On April 3, the Shenzhen Qianhai Authority released for public comment the Twelve Measures for Financially Empowering the High-Quality Development of the Low‑Altitude Economy Industry in the Shenzhen Qianhai Shenzhen‑Hong Kong Modern Service Industry Cooperation Zone (Draft for Comments).
The measures are in draft form and subject to a 30‑day public comment period. They do not constitute enacted policy. The full text includes specific monetary caps and eligibility criteria for each incentive.
The draft is part of Qianhai’s effort to implement the national 15th Five‑Year Plan guidelines on the low‑altitude economy and to support the growth of emerging industries within the “642” modern industrial system.
The twelve proposed measures are organized into six thematic areas —
Full‑lifecycle guarantee system – subsidies for insurance premiums and a risk pool for low‑altitude insurance consortia.
Industry chain strengthening – risk compensation for non‑performing loans and incentives for financing leasing.
Market entity cultivation – rewards for venture capital investment and enhanced access to multi‑level capital markets, including a proposed fast‑track listing channel with the Hong Kong Stock Exchange.
Application scenario innovation – one‑time rewards for “first flight” and cross‑border “first route” insurance products.
Overseas market expansion – support for cross‑border insurance, export credit insurance, and the use of Free Trade (FT) accounts.
Ecosystem services – establishment of a financial service platform to provide integrated financing and advisory services.
Let’s get into it.