Zhengzhou High-tech Zone plans to establish a fund for the development of micro and short drama industry.

On July 30th, Zhengzhou High-tech Zone released a number of measures to promote the high-quality development of the online micro-drama industry. Among them, it mentioned coordinating the use of existing industry funds to establish a micro-drama industry development fund guided by government funds and involving social capital. Support will be provided to key projects in various aspects such as script creation, production and promotion, platform broadcasting, copyright financing, and filming base construction. Encouragement will be given to the construction of micro-drama industry bases in the high-tech zone. For projects that invest in building a complete industry chain including creation, filming, production, distribution, and transactions, a designated government department will provide basic infrastructure guarantees such as water and electricity, and up to 10 million RMB in funding support, based on 10% of the actual investment amount in fixed asset projects in the investment pool.