Guangdong's New Technology Innovation Regulations (August 2024) (Chinese version only)
Subject: information technology and broadcasting, information technology, innovation, Guangdong Province
On 31 July 2024, the Standing Committee of the 14th Guangdong Provincial People's Congress passed Guangdong's New Technology Innovation Regulations, aiming to provide adequate and reliable legal backing and protection for taking forward the promotion of high-level technology innovation and the development of new quality productive forces in Guangdong Province. The regulations, to take effect from 1 October 2024, comprise 94 articles under 11 chapters which cover different areas, including specifying strategies for fostering innovation development, enhancing the building of basic research capabilities, optimizing the system for technology innovation, encouraging the transformation and application of technological advancements, facilitating the integration of technology and finance, enhancing related talent nurturing, expanding technological exchanges and cooperation with places outside Guangdong Province, and creating an ecosystem that is favourable to innovation.