Guangdong: Encouraging social capital to establish special funds that support corporate standard innovation in a market-oriented manner.

The "Opinions of the Guangdong Provincial Committee of the Communist Party of China and the People's Government of Guangdong Province on Further Leveraging the Role of Standards to Promote High-Quality Economic and Social Development in Guangdong" has been released. The opinions propose to stimulate the innovative vitality of enterprise standardization. Focusing on strategic emerging industries, future industries, and advantageous industries, it encourages key upstream and downstream enterprises in these industrial chains to formulate commonly used enterprise standards, promoting the integrated development of the "innovation chainstandard chainindustry chain." It encourages social capital to establish specialized funds to support enterprise standard innovation in a market-oriented manner. It supports including the standardization achievements of advanced enterprises in the categories for social science and technology awards set up by social organizations and enterprises.