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Guangdong's 21-measure package operationalises the province's 2024-2028 commercial-space action plan with concrete subsidy schedules across seven tracks: (1) space infrastructure — constellation buildout support and a 10%-of-capex ground-station subsidy (cap RMB 2m/node, RMB 10m/firm/year); (2) core-technology R&D — up to 50% provincial matching funds for national science programs plus a 100% pre-tax R&D expense deduction; (3) rocket/ satellite manufacturing clustering — output subsidies of up to 30% of unit sale price (cap RMB 7m/set under the provincial equipment catalog, RMB 9m/set under the national MIIT catalog) and industrial-park investment rebates (up to 2% of new fixed-asset investment, paid annually to municipal governments); (4) satellite-application scale-up — government procurement preference for demonstration projects in low-altitude economy, logistics, smart cities, and emergency response; (5) market-entity cultivation — tax breaks for qualifying high-tech and "little giant" firms; (6) diversified financing — dedicated government investment funds and insurance-premium subsidies for commercial launch and on-orbit operations; (7) talent support — relocation and credentialing incentives for space-sector specialists.
Severity is set on the disclosed subsidy rates and caps (10%/30% of capex or unit price, RMB 7-10m per-firm/per-set ceilings) rather than an aggregate program budget, which the notice does not state.
measures already filed under the china-strategic-emerging-industries theme — confirms provincial-level subsidy competition for the sector ahead of the national CNSA plan (25 Nov 2025).
provincial catalog inclusion) mirrors the "first set" (首台套) major equipment mechanism used elsewhere in Chinese industrial policy — worth tracking for consistency across provinces.
and per-firm caps are stated.
not itself sourced here) contains additional measures not superseded by this notice.