On 6 July 2019, after several months of public consultations and research the Shenzhen Municipal People’s Government published the S&T Project Management Reform Plan (Shen Fu  No. 1). The document outlines a total of 22 measures that the local administration will implement to increase the effectiveness and quality of municipal S&T projects. These include, for instance:
- Pioneering institutional S&T reforms: for instance full implementation of the “packaging system” (baoganzhi) for research fund management, which will remove the limits that researchers currently have on how research budget is spent. Paperwork for project application and evaluation will be reduced. Scientific achievements generated under national projects will be strongly encouraged to be commercialised in Shenzhen.
- Increasing links with the international community: local enterprises will be encouraged to join hands with renowned foreign research structures to launch R&D and technology breakthrough projects. Foreign scientists (incl. from Hong Kong and Macao) will be encouraged to take part to evaluations of project proposals.
- Enhancing the market-orientation of the S&T system: Shenzhen-based enterprises will be encouraged and supported to establish research institutes and departments. Intermediaries facilitating technology transfer deals will be supported and rewarded through ad hoc funding programmes. Subsidies will also be granted to financing firms granting credit and loans to tech MSMEs.
- Strengthening support to basic research: an ad hoc Municipal Natural Science Fund will be established to support basic research, which will receive at least 30% of the municipality’s annual budget. In addition to research projects and grants, local entities will be strongly supported to establish laboratories and other facilities such as Guangdong Provincial Key Laboratories, Nobel Laureate Studio, etc.
- Strengthening international S&T cooperation, and in particular Greater Bay S&T cooperation: in addition to strengthening links with exchanges with the international S&T community, also supported through ad hoc programmes, special efforts will be made to enhance cooperation with Hong Kong and Macao SARs – under the framework of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area): this will be done by allowing cross-border utilisation of research grants and funds, and by increasing the number of joint projects.