China High-tech Cities Shenzhen— Becoming An International Hub of Hardware Innovation Strong Financial Support Government Subsidy Programs VC Firms and Enterprises The total amount of investment from the top • Start-Up Enterprise Subsidy 100 Shenzhen VC funds in 2016 was ¥58 • Rental Subsidy billion, up 40% year over year, which was • Social Security Subsidy invested in 987 transactions, up 16.4% year • Employment Subsidy • Micro-Financing over year. • Peacock Campaign: for High-level talents Shenzhen Capital Group Tencent Industry Win-Win Fund Source: Shenzhen Chamber of Investment