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Politics·5d agoAI summary
Guangzhou launches 'invest first, then equity' pilot for tech commercialization
Guangzhou has officially signed its first batch of "invest first, then equity" projects at the Hong Kong University of Science and Technology (Guangzhou). This initiative shifts government support for innovation from a "fiscal mindset" to a "financial mindset," backing early-stage startups with government funds that convert to equity.
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