Industrial Policy & Trade Monitor· 2666 actions· ✨ 90 recent

The Beijing Municipal Science and Technology Commission and the Zhongguancun Science Park Management Committee, jointly with two other municipal departments, issued "Several Measures on Supporting the Construction of the Beijing Future Digital Space Innovation Pilot Zone" on 2025-10-23 (publicly posted 2025-10-27). The "2+3+5" package of ten measures subsidizes frontier-technology demonstration scenarios (up to 30% of certified investment, capped at RMB 10,000,000), original game and digital-content production (RMB 300,000-2,000,000 per award-winning title), key laboratories (up to RMB 5,000,000/year operating funds plus rent discounts on up to 4,000 sqm, for up to 3 years), industry-chain innovation consortia (up to RMB 20,000,000/year, RMB 50,000,000 over 3 years), and incubators (up to RMB 20,000,000 over 3 years), alongside seed/angel/Series-A co-investment minimums via an industry fund. The pilot zone is anchored on the former Shougang steelworks north campus (core area) and the Jin'anqiao AI large-model industry cluster (innovation-coordination area), both in Beijing's Shijingshan district.

The Hong Kong government launched the Frontier Technology Research Support Scheme (FTRSS) on 26 September 2025, a HK$3 billion matching-grant fund administered by the Innovation and Technology Commission. The scheme funds the eight University Grants Committee (UGC)-funded universities to attract international top-tier researchers and procure research facilities in frontier-technology fields, with each successful application eligible for HK$100-300 million. The government frames the scheme as dovetailing with national strategic planning for frontier technologies; applications closed 25 November 2025 with results expected in H1 2026.

On 17 September 2025 the General Office of the Shanghai Municipal People's Government issued Hufubangui [2025] No. 8, a five-year (26 September 2025 - 25 September 2030) state-aid framework to accelerate frontier-technology innovation and cultivate "future industries" across six domains — future manufacturing, future information, future materials, future energy, future space and future health. Targeted technology areas include cell and gene therapy, brain-computer interfaces, biomanufacturing, embodied intelligence (humanoid robotics/AI hardware), fourth-generation semiconductors, silicon photonics, 6G, neuromorphic computing, quantum technology, controlled nuclear fusion and regenerative medicine. Support is disbursed as tiered direct subsidies rather than tax relief, with named ceilings up to CNY 30 million per proof-of-concept/R&D platform and CNY 20 million per high-quality incubator or first-product/batch innovation award.

On 8 December 2022 the Thai Board of Investment issued Announcement No. 8/2565 "Policies and Criteria for Investment Promotion", setting Thailand's five-year (2023-2027) horizontal investment-promotion strategy. The Announcement entered into force from 8:30 a.m. on 3 January 2023 and applies to all investment-promotion applications filed with the BOI from that date. The strategy reorients Thailand's investment regime around three core concepts — (i) innovation, technology and creativity, (ii) competitiveness and rapid adaptability, and (iii) inclusiveness, including environmental and social sustainability — and is operationalised through seven pillars: industrial transition to BCG (Bio-Circular-Green) / smart industries, regional-hub positioning (EV, electronics, food, medical, aviation, automation), supply-chain strengthening, technology upgrading, SME competitiveness, sustainable development, and BCG-economy alignment. Incentives are structured into Group A (corporate-income-tax exemption for 3-13 years, with Group A1+ activities — frontier-technology semiconductors, advanced biotech, certain EV components — receiving up to 10-13 years CIT exemption with no cap) and Group B (non-tax incentives only). Fundamental eligibility criteria carried over from prior regimes: minimum THB 1 million investment, new-machinery requirement, 20% annual revenue-growth projection, and a 3:1 debt-to-equity threshold. The 8 December 2022 release was accompanied by 16 additional implementing announcements (Announcements 9/2565 to 24/2565) covering specific activity lists and merit-based incentives. This is the umbrella framework under which Thailand's subsequent sector-specific BOI instruments operate — the EV 3.5 package (2023-12-19, effective 2024-01-01), the EV Board HEV manufacturing excise incentives (2024-07-26), and the National Semiconductor and Advanced Electronics Industry Strategy (2026-01-07) all sit inside this 2023-2027 investment-promotion regime.